What is the maximum amount an individual can defer in tax payments to the IRS?
Treasury Will Let Taxpayers Defer IRS Payments For Up To 90 Days

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
$500,000
$3,000,000
$2,000,000
$1,000,000
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the deadline for filing taxes according to the transcript?
June 15th
March 15th
April 15th
May 15th
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why does Mnuchin encourage people to file their taxes by April 15th?
To receive tax refunds promptly
To help the IRS process payments
To comply with new regulations
To avoid penalties
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the benefit of filing taxes electronically as mentioned in the transcript?
It is easier for both the filer and the IRS
It is more secure
It is faster for the IRS
It provides immediate refunds
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the estimated amount of tax payments expected to be deferred due to the coronavirus?
$400 billion
$300 billion
$200 billion
$100 billion
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