The Internal Revenue Service is planning to push back the deadline for the tax filing season about one month to May 15 from April 15, CNBC has confirmed.
This will give taxpayers additional time to file their 2020 tax returns and pay any amounts owed to the IRS.
The move from the IRS and Treasury Department comes after calls to extend the tax season increased following the passage of the $1.9 trillion American Rescue Plan, which meant the agency was tasked with sending another round of stimulus payments while processing tax returns and refunds.