The Trump administration announced on Friday morning that it would move tax day from April 15 to July 15, giving Americans an extra three months to file their federal taxes amid the disruptions caused by the coronavirus outbreak.
Treasury Secretary Steven Mnuchin announced the decision in a tweet Friday.
A follow up tweet urged taxpayers who are owed a refund to file their taxes as normal, noting that refunds would still be processed before the deadline. The delay could provide billions in temporary support to the economy by giving households and businesses the ability to use money they would have paid to the IRS as financial support to meet other needs during the economic emergency created by the efforts to contain the coronavirus, Mnuchin has said.
The move is a reversal from earlier this week, when Mnuchin announced that while the deadline to pay would be extended, filings would still be due April 15.
It was not immediately clear whether Massachusetts would follow the federal government in moving its filing deadline. Governor Baker told reporters on Friday that the state was determining whether the law would need to be changed in order to do so.
“We’re having conversations about that,” he said during a press conference. “We think we would need to change statutes to pull that off.”
In a statement, an association of Massachusetts CPAs praised the federal decision and urged the state to follow suit.
“On behalf of our 11,000 members, the MSCPA is grateful the US Treasury Secretary Stephen Mnuchin made the right decision to extend the tax filing deadline to July 15, 2020. This provides much needed relief to both taxpayers and practitioners across the country who are facing an unprecedented set of challenges brought on by the COVID-19 pandemic.
We firmly believe that Massachusetts should follow suit and offer similar guidance that extends the deadline. Having clear, consistent and equivalent language from state and federal governments will limit confusion and ease the stress of taxpayers and practitioners alike."
Material from the Associated Press was used in this report.