US Tax Payment Deadline Extended 90 Days Due to Coronavirus
US Tax Payment Deadline Extended 90 Days Due to Coronavirus

US Tax Payment Deadline Extended 90 Days Due to Coronavirus The announcement was made by Treasury Secretary Steve Mnuchin, who said Americans should still file by the standard April 15 date for refunds.

Steve Mnuchin, via news conference Mnuchin added that the delay applies to people with up to $1 million owed for income taxes.

For corporate filers, the extension is in effect for up to $10 million.

Mnuchin also said that there will be no penalties issued during the three-month delay.

According to CNBC, over 65 million have sent their returns to the IRS during the first week of March.