Wall Street Journal: “The Trump administration is likely to extend the April 15 tax deadline as part of an effort to mitigate the effects of the novel coronavirus on U.S. households and businesses.”
“Neither the decision to extend the deadline nor the mechanics of how such an extension might work are yet final. Normally, individuals must pay their prior year’s taxes by April 15 or face penalties and interest charges. People can already get extensions through mid-October to file their returns as long as they have paid on time by mid-April. This decision would go further than that.”
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