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Taxes 2020: April 15 federal tax filing deadline extended to July 15

The Trump administration will push the income tax filing deadline to July 15 from April 15, Treasury Secretary Steven Mnuchin said Friday in a tweet.

Mnuchin said 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.”

Earlier this week, the IRS had deferred the payment deadline to July 15 but had left the April 15 filing deadline in place.

If you’re getting a refund, experts suggest still filing as soon as possible.

"For many taxpayers, this is the largest check that they’ll receive this year, so I would encourage them to file now because the IRS still expects to process tax refunds," says Lisa Greene-Lewis, a certified public accountant at TurboTax.

How long should I keep my tax returns?: Answer: It depends

What tax deductions and credits can I claim?: Here are 9 overlooked ones that can save you money

According to the latest government data available, as of March 13, the IRS has received more than 76 million returns and has issued more than 59.2 million refunds.

The average refund check was $2,973.

While the IRS is reportedly going to increase pressure to have states align with the new federal deadline, it is important for people to check with their local government to make sure they do not miss their obligation in their state.

"Each state might consider its own relief, but it’s best to assume you still must file and pay any states where taxes are owed by April 15, unless state guidance is issued," Dina Pyron, financial services partner and global TaxChat leader at Ernst & Young, said in a note.

This article originally appeared on USA TODAY: Taxes 2020: IRS to delay April 15 tax filing deadline to July 15

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