U.S. & New Mexico tax filing deadlines moved from April 15 to July 15 due to virus
WASHINGTON, DC -- Americans will have an additional three months to file their federal income taxes amid the coronavirus pandemic, the U.S. Treasury Secretary said on Friday.
“We are moving Tax Day from April 15 to July 15,” Secretary Steven Mnuchin wrote on Twitter. “All taxpayers and businesses will have this additional time to file and make payments without interest or penalties.”
He said he was acting at President Donald Trump’s direction to extend the deadline into the summer.
Mnuchin said Americans with refunds should still file now: “I encourage all taxpayers who may have tax refunds to file now to get your money."
Separately, Gov. Michelle Lujan Grisham said New Mexicans will also have extra time to file and pay their state taxes in order to ease the economic hardships brought on by the coronavirus.
Personal state tax returns will now also be due July 15 — 90 days later than the usual deadline. The state also is pushing back deadlines for corporate taxes and for employers to remit taxes they withhold from workers’ paychecks.
State officials said Friday the actions will amount to hundreds of millions of dollars of immediate financial support for New Mexico’s economy.
“The unprecedented public health crisis caused by COVID-19 is also causing great financial hardship for New Mexico residents and small businesses,” Lujan Grisham said in a statement. “These actions represent one piece of our overall efforts to support our businesses and families during this emergency.”