The Trump administration has announced that
most individuals and businesses will be allowed
to delay paying their federal tax bills for 90 days
as part of an emergency relief plan amid the
coronavirus pandemic.
Some questions and answers about the delay
and its potential impact on the U.S. economy.
DO I STILL NEED TO FILE?
Ye s.
The details on the program are still scant. But as
of now, taxpayers need to file their federal tax
returns by the traditional April 15 deadline. The
90-day extension is solely for the money that
is due.
Q&A: WHAT DOES 90-DAY TAX PAYMENT DELAY MEAN FOR FILERS?
