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US Tax Payment Deadline Extended 90 Days Due to Coronavirus

2020-03-18 184 Dailymotion

US Tax Payment Deadline Extended 90 Days Due <br />to Coronavirus The announcement was made by <br />Treasury Secretary Steve Mnuchin, who said Americans should still file by <br />the standard April 15 date for refunds. Steve Mnuchin, via news conference Mnuchin added that the delay applies <br />to people with up to $1 million <br />owed for income taxes. For corporate filers, the extension <br />is in effect for up to $10 million. Mnuchin also said that there will be no penalties <br />issued during the three-month delay. According to CNBC, over 65 million <br />have sent their returns to the IRS <br />during the first week of March.

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