Treasury Extends Tax Filing Season by 3 Months
March 17, 2020
Treasury Secretary Steven Mnuchin announced today that taxpayers will get a three-month reprieve pay 2019 income taxes.
As part of its coronavirus response, the federal government will give filers until July 15 to pay income taxes due on up to $1 million in tax owed, Mnuchin said. The reprieve on that amount would cover many pass-through entities and small businesses.
Corporate filers would get the same length of time to pay amounts due on up to $10 million in taxes owed, Mnuchin said.
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