The IRS has pushed the deadline to file for your taxes to July 15. The effort is to assist in the financial burden of the coronavirus pandemic, Treasury Secretary Steven Mnuchin announced.
The new date is three months more to file the taxes without any penalties or interest, CNBC reports.
“All taxpayers and businesses will have this additional time to file and make payments without interest or penalties,” Mnuchin wrote in a tweet.
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He would follow up with a suggestion for taxpayers to get their money now.
Coming into March 13, the Internal Revenue Service issued 59.2 million in refunds out of 76.2 million tax returns received. The average refund check was $2,973 according to the IRS.
