The IRS Just Extended The Tax Filing Deadline To July 15

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The IRS Just Extended The Tax Filing Deadline To July 15
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The extension is the second date change since the coronavirus upended American life.

“All taxpayers and businesses will have this additional time to file and make payments without interest or penalties,” Mnuchin tweeted.’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 Senate Majority Leader Mitch McConnell had also announced that, as part of the House GOP plan for a next round of economic stimulus, he wanted to delay on tax day.

On March 10, Democratic lawmakers on the Ways and Means Committee had sent a letter to the IRS to try find out more about any changes for the filing season. “We request your continued evaluation of whether there is any need to extend the tax filing season beyond the April 15 deadline,”As recently as Tuesday, the White House had detailed on how taxpayers would be able to defer tax payments but

. “All you have to do is file your taxes; you’ll automatically not get charged interest in penalties,” Mnuchin said during that coronavirus briefing., which in normal years gives taxpayers until October 15 to file a return. It was not immediately clear how the delay in tax day would change the extension process.

What remains unchanged after Friday’s announcement is that taxpayers who expect a refund can file right now and get their payments once the return is processed.shows that almost 68 million Americans — roughly half of all filers based on previous years – have taken that advice. Nearly 53 million Americans have already gotten their refunds.

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