Earlier this week, the Treasury announced that the tax payment deadline of April 15, 2020, had been extended to July 15, 2020. This did not include an extension of the filing deadline of April 15, 2020. In other words, the usual filing deadlines still applied, but one could defer payment of any taxes owed until July 15, 2020.
News reports indicate that the filing deadline is going to be extended:
Treasury Secretary Steven Munchin announced Friday that the administration has moved the IRS deadline for filing taxes from April 15 to July 15 due to the disruption caused by the coronavirus.
The new deadline will give millions of taxpayers more time to fill out their tax forms as coronavirus upends daily life across the country. Munchin made the announcement on Twitter, citing President Trump’s directive.
We will report once official notification is made.