[SGCOS]

nice..by the time april 15 comes, I can invest my tax payment for 90 days..

the corona virus will be in the rear view mirror and the stock market will be climbing...

[janetjanet998]

so many seem to be confused by this

do we still have to file by the 15th?

but then don’t have to pay yet if we owe?

or did they extend the deadline to file

for example my mom has to still do her taxes but her tax guy is closing up shop...

example

headline 1
The tax-filing deadline will remain April 15, but the IRS will waive penalties and interest on tax payments for 90 days

headline 2
U.S. Postpones April 15 Tax Payments for 90 Days for Most Americans

[dp0622]

You must owe a LOT for 90 days investments in safe arenas to pay off :)

Unless you’re planning a risky venture with your tax return payment fundss.

So it’s either .01 percent interest for 1/4 of a year or risk the money you owe to the govt in the stock market.

And if you have it to risk in the market, then it’s not really money put aside for payments, as you must have more than enough to pay it off at any moment in time.

[Psalm 73]

I don’t trust the IRS - I’m sending my tax check US mail postmarked 4/10, just like any other year.