While the administration had announced earlier in the week that it would delay tax payments otherwise due on April 15th by 90 days, a move that Mnuchin said would leave $300 billion in the economy at a critical time, Treasury Secretary Steven Mnuchin now says the Trump administration has decided to push the income tax filing date to July 15 from April 15.
Mnuchin announced the decision in a tweet Friday saying that at President Donald Trump’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.”
More information and official postings will be updated to this article as they become available.