COVID-19 has been wreaking havoc on the U.S. economy since cases started multiplying in March. At a time when so many people are struggling, you can't afford to fall victim to tax blunders that cost you money or make your financial circumstances harder to bear. Here are three big mistakes to avoid right about now.
Because of the COVID-19 crisis, Americans have been given an extra three months to get their 2019 taxes done. Normally, returns must be submitted by April 15 unless that date falls on a weekend or coincides with a holiday. This year, filers get an extra three months due to the pandemic, moving the deadline to July 15.
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