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U.S. Postpones April 15 Tax Payments for 90 Days for Most Americans *Link*

U.S. Postpones April 15 Tax Payments for 90 Days for Most Americans

Coronavirus disruption prompts tax agency to extend deadline, waive interest and penalties

By Richard Rubin, Laura Saunders and Andrew Restuccia
Updated March 17, 2020 4:55 pm ET

WASHINGTON—The U.S. government will postpone the April 15 tax-payment deadline for millions of individuals, giving Americans an additional 90 days to pay their 2019 income-tax bills in an unprecedented move intended to ease the economic pain inflicted by the coronavirus.

The IRS, using authority under President Trump’s national-emergency declaration, will waive interest and penalties as well, Treasury Secretary Steven Mnuchin said at the White House on Tuesday. The delay is available to people who owe $1 million or less and...

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