Mnuchin says you need to file by April 15, can delay paying for 90 days



Steven Mnuchin, U.S. Treasury secretary, proper, speaks beside U.S. President Donald Trump throughout a Coronavirus Job Power information convention within the briefing room of the White Home in Washington, D.C., U.S., on Tuesday, March 17, 2020.

Kevin Dietsch | Bloomberg | Getty Photos.

The Treasury Division will not lengthen the tax submitting deadline for 2019 returns, Treasury Secretary Steven Mnuchin mentioned on CNBC.

Whereas the Treasury is giving taxpayers a 90-day reprieve on paying quantities owed from final 12 months, you're nonetheless required to get your 2019 revenue tax return submitted by April 15, Mnuchin mentioned on a cellphone name with CNBC's Jim Cramer Wednesday morning.

Below atypical circumstances, taxpayers should submit returns and funds for the prior 12 months's taxes by April 15. Filers can request a six-month extension to show of their returns, however taxes owed nonetheless have to be paid by April 15.

As a part of its coronavirus response, the federal authorities will give filers 90 days to pay on as much as $1 million in tax...



Supply cnbc.com



Source marketwatch.com