New Tax Filing Deadline Is Here

The video explains that today is tax day, with the usual deadline of April 15th extended due to the pandemic. It emphasizes the importance of filing taxes by the end of the day and clarifies that while you can file for an extension, it only applies to filing, not to paying any taxes owed for 2020.

What is the usual deadline for filing taxes?

• April 15th

• March 31st

• May 1st

• June 15th

Why was the tax filing deadline pushed back?

• Due to the pandemic

• Due to a government shutdown

• Due to a natural disaster

• Due to a tax reform

What can you file for if you need more time to submit your taxes?

• An extension

• A waiver

• A deferment

• A postponement

What does the extension allow you to do regarding your taxes?

• File your taxes later

• Pay your taxes later

• Both file and pay later

• None of the above

What might you owe for the year 2020?

• Taxes

• Interest

• Penalties

• All of the above