Mar 20, 2020 - Economy & Business

Tax filing deadline moved to July 15 amid coronavirus outbreak

Photo: Getty Images

Treasury Secretary Steven Mnuchin announced Friday that the IRS' tax filing deadline was extended three months to July 15 amid the coronavirus outbreak.

The big picture: Mnuchin already announced earlier this week that the government would defer up to $300 billion in tax payments for three months. That move allowed individuals to defer up to $1 million and corporations to defer up to $10 million — interest-free and penalty-free.

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