The second delay on the last date of income tax payments is now being considered by the Treasury, said US Treasury Secretary Steven Mnuchin.
This spring, the Treasury postponed the deadline for filing federal tax returns for 2019, as well as other tax documents, to July 15.
To date, the agency has received 136.5 million individual income tax returns as of June 12 — 144 million less than last year. Since the coronavirus pandemic still has an impact on the state of the country’s economy, the authorities want to postpone the last filing date for another 3 months.
“At the moment, we are not going to do this, but we can consider it,” he said in an interview with Bloomberg Invest Global 2020.