In a historic move, the Internal Revenue Service has pushed the April 15 tax-payment deadline to July 15 this year for many people who haven’t paid their 2019 taxes. On Wednesday, the agency released details of the change in response to the coronavirus pandemic. The bottom line: People who want to delay their tax payments must submit their tax returns or another form to the IRS by April 15 to claim this benefit without risking interest or penalties. The three-month extension to pay federal income taxes doesn’t change the obligation...

Source: Wall Street Journal March 19, 2020 00:11 UTC