A majority of taxpayers (61%) are deeply concerned that the financial impacts of COVID-19 may force them into tax debt, adding to the $131 billion already owed to the IRS by 14 million Americans.
Although talks within the Trump administration are still in the preliminary stage, NBC news has reported that the deadline could be postponed again to September 15—or even as late as December 15.
On Saturday morning, the Treasury Department and Internal Revenue Service followed up with an official press release that the federal income tax filing due date is automatically extended from April 15, 2020, to July 15, 2020.
The Treasury Department and IRS have announced that the income tax filing deadline has now been extended to July 15, 2020. Earlier this week, Secretary Mnuchin announced the extension of the payment deadline, but did not change the filing deadline