People who were worried about getting their taxes done by April 15th just got a little relief.
Due to the Coronavirus crisis, tax day has been moved to July 15th.
FOX News reports:
Tax Day moving to July 15 amid coronavirus crisis, Mnuchin announces
Treasury Secretary Steven Mnuchin announced Friday that the deadline for filing federal taxes will move from April 15 to July 15 — a move to ease the burden the coronavirus outbreak has put on individuals and the economy.
“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,” he tweeted.
He clarified that taxpayers could still file for refunds now, tweeting: “I encourage all taxpayers who may have tax refunds to file now to get your money.”
The move had been expected in some form since earlier this month.
President Trump addressed the change in his daily coronavirus task force briefing.
“Hopefully by that time we’ll have people getting back to their lives,” Trump said. “Families and businesses will have this extra time to file with no interest or penalties.”
He continued: “However if you have refunds or credits you would like to claim, you may still file. In other words you can file early if you are owed money by the IRS.”
See Mnuchin’s tweet below:
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
This is going to help a lot of people.
There seems to be confusion, so let me break this down:
According to @stevenmnuchin1, Tax Day has been moved to July 15th.
You DO NOT have to file by April 15th.
I repeat, the filing date has been extended to July 15th with no penalties. #TaxDay
— #ThePersistence (@ScottPresler) March 20, 2020
What a crazy time.