Politics & Government
Federal Tax Day Postponed To July 15 Amid Coronavirus Outbreak
U.S. Treasury Secretary Steven Mnuchin said the postponement allows extra time to file and make payments without interest or penalty.
WASHINGTON, DC — The deadline for Americans to file federal taxes will be moved from April 15 to July 15, U.S. Treasury Secretary Steven Mnuchin tweeted Friday. The decision comes at the urging of President Donald Trump.
As part of the change, all taxpayers and businesses will have the additional time to file as well as make payments without interest or penalties.
At @realDonaldTrump’s direction, we are moving Tax Day from April 15 to July 15. All taxpayers and businesses will have this additional time to file and make payments without interest or penalties.
— Steven Mnuchin (@stevenmnuchin1) March 20, 2020
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At a White House briefing, Trump said the delay on filing and paying taxes until July 15 was done to give taxpayers more time and “hopefully by that time, people will be getting back to their lives.”
Trump said that if people are expecting refunds, they should go ahead and file now so that they can get their refunds from the IRS more quickly, according to The Associated Press.
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The Treasury Department had previously announced $300 billion in delays to tax deadline payments, The Washington Post reported, though it was reluctant to postpone the filing deadline because doing so might result in Americans getting their tax refunds at a weak moment for the American economy.
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