Based on the flash mail just received: “The new federal filing extension means taxpayers will not file an extension on April 15, and that they will have until July 15 to file without extension.” It would seem that one would still need to file a 4/15 extension to avail themselves of extended 10/15 deadline benefits.
We aren’t sure about IRA contributions yet. Recommend making them pre 4/15 Expect something later re confirmation of extensions being filed in April or July. The CARE Act contains language to that effect but IRS notices are inferring no extension for 4/15 which I think means 7/15
I am under the impression that the contributions are to be made by the deadline of the return. In the code it does not give a specific date, just by the deadline or the extended deadline. So if the deadline has been moved it would seem that the contributions can now be made by 7/15 or the later extended deadline of 10/15 if an extension is filed prior to 7/15.