April 15, 2026
It's Tax Day. Ahead of the deadline, 53 million filers used new Trump tax exemptions, Treasury says
It's Tax Day on Wednesday, the deadline for most Americans to file taxes, and the Trump administration says millions of people have already used new breaks such as no tax on tips and overtime, exemptions for interest on certain car loans, deductions for some seniors and Trump Accounts for children's savings.
TL;DR
- Tax Day is on Wednesday, the filing deadline for most Americans.
- The Trump administration states millions have already used new tax breaks.
- New breaks include no tax on tips and overtime.
- Exemptions are available for interest on certain car loans.
- Deductions are offered for some seniors.
- Trump Accounts for children's savings are also mentioned.
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