IRS delays income tax filing deadline until July 15

The deadline for filing most federal income tax returns has been postponed 90 days to July 15, Treasury Secretary Steve Mnuchin said Friday.

The postponement applies to taxpayers who owe less than $1 million and corporations that owe less than $10 million.

There was no immediate word on the deadline for filing state income tax returns, which are normally due a month after the federal deadline.

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