New July 15th extension

[deisaman]

I know that I can wait until July 15, 2020 to pay my taxes owed on my 2019 return, but can I also wait until July 15, 2020 to eFile my 2019 tax return if I owe?

[DoninGA]

Yes.  The filing date for a 2019 tax return with a tax payment also changed to July 15, 2020.

[deisaman]

Thank you for the clarification.  TurboTax seemed to be recommending the file now, pay later approach.

[fanfare]

well if you have the money perhaps you should pay now.

In three months you could be broke.

In which case you'll be sorry you paid.

It's Catch-22.