IRS Sticks By Extended July 15 Deadline for Filing 2019 Taxes
By Laura Saunders
The Treasury Department and Internal Revenue Service said the
deadline to file and pay 2019 taxes by July 15 wouldn't be extended
further, drawing a line under the administration's consideration of
such a move.
Earlier this year, the IRS postponed the tax-filing deadline
from April 15 to July 15 due to disruptions caused by the
coronavirus pandemic. As recently as last week, Treasury Secretary
Steven Mnuchin said a further postponement of the deadline was
In its announcement Monday, the agency reminded taxpayers who
need more time to prepare their returns that they can receive a
three-month automatic extension to file until Oct. 15, 2020, by
filing Form 4868 before July 15. This form, available online, can
be filed online.
An extension to file isn't an extension to pay, however. Tax
payments are due by July 15, after which interest is assessed and
steep penalties may be incurred.
As of June 19, 2020, taxpayers had filed 138 million individual
income tax returns, nearly 90% of the total expected. About 93
million filers have received refunds averaging $2,763, according to
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(END) Dow Jones Newswires
June 29, 2020 20:41 ET (00:41 GMT)
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