Extreme storms, tornadoes, floods, and mudslides have ravaged elements of the nation throughout the previous few months. Should you had been a sufferer of a pure catastrophe in an space designated as a federal catastrophe by the Federal Emergency Administration Company (FEMA) the IRS has seemingly prolonged numerous federal tax deadlines and different reduction for you. Victims from completely different states – together with areas in Alabama, Arkansas, California, Georgia, Mississippi, New York, and Tennessee – now have extensions to file numerous federal particular person and enterprise 2022 tax returns and make 2022 tax funds and will qualify for tax reduction on the state stage as effectively.
Nevertheless, there are various individuals who haven’t been impacted or dwell in states that shouldn’t have an extension. You might be nonetheless required to file on April 18th or file for an extension by that date should you dwell within the following states:
Alaska
Arizona
Colorado
Connecticut
Delaware
Hawaii
Idaho
Illinois
Iowa
Kansas
Kentucky
Maine
Maryland
Massachusetts
Michigan
Minnesota
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Dakota
Texas
Utah
Virginia
Washington
West Virginia
Wisconsin
Wyoming
Even should you dwell in one of many areas designated as a federally declared catastrophe, however you weren’t impacted and haven’t filed your taxes but TurboTax has you coated and may help you file earlier than the tax deadline.
If these storms impacted you, we would like you to know TurboTax is right here for you, and we wish to preserve you updated with essential tax reduction data which will enable you to on this time of want. Word: extension dates and federal and state necessities are depending on the state and county the place you reside or have a enterprise – see extra data for every state beneath.
Tax Reduction for Impacted Tax Filers:
What are the prolonged deadlines to file tax returns and make funds for every state?
Alabama
Key Takeaways:
- Federal and State Tax & fee deadlines are prolonged to October 16, 2023.
- To qualify, it’s essential to have an handle of report positioned within the catastrophe space.
- This is applicable to federal and state tax returns and tax funds.
Federal Tax Reduction
In January, the IRS made an preliminary announcement that storm victims in elements of Alabama would qualify for tax reduction. In February IRS later additional prolonged the deadline to file numerous federal deadline particular person and enterprise tax returns and make tax funds till October 16, 2023.
The IRS is providing reduction to any space designated by the Federal Emergency Administration Company (FEMA). Because of this people and households that reside or have a enterprise in Autauga and Dallas counties in Alabama qualify for tax reduction. Different areas added later to the catastrophe space may even qualify for a similar reduction.
State of Alabama Tax Reduction
The Alabama Division of Income (ALDOR) is providing tax reduction to Alabama particular person taxpayers and companies in federally declared catastrophe areas in Alabama the place injury was attributable to extreme climate in January. The state tax reduction mirrors IRS measures in the identical declared catastrophe areas.
Alabama taxpayers residing in areas designated as catastrophe areas by the federal authorities have till October 16, 2023, to file tax returns and make tax funds due on or after January 12, 2023, and earlier than October 16, 2023. The reduction applies to all taxes administered by ALDOR (besides taxes and registration charges due underneath the Worldwide Gas Tax Settlement and the Worldwide Registration Plan).
Arkansas
Key Takeaways:
- Tax deadlines & fee deadlines are prolonged to July 31, 2023.
- To qualify, it’s essential to have an handle of report positioned within the catastrophe space.
- This is applicable to federal and state tax returns and tax funds.
Federal Tax Reduction
The IRS introduced on April 3 that Arkansas storm victims have till July 31, 2023, to file numerous federal particular person and enterprise tax returns and make tax funds. At the moment, tax reduction is obtainable to any space designated by FEMA. Because of this people and households residing or proudly owning companies in Cross, Lonoke and Pulaski counties qualify for tax reduction. Different areas added later to the catastrophe space may even qualify for a similar reduction. Taxpayers in sure storm-impacted localities designated by FEMA will robotically obtain the identical submitting and fee reduction.
State of Arkansas Tax Reduction
The Governor of Arkansas by Government Order prolonged the 2022 particular person state earnings tax submitting date and particular person state earnings tax fee date from April 18, 2023, to July 31, 2023, for these dwelling in Pulaski, Lonoke, and Cross counties. This extension contains 2022 returns of Subchapter S Companies, fiduciaries and estates, partnerships and composite returns. The requirement for a written request for an extension is waived at some point of this emergency.
California
Key Takeaways:
- Federal tax submitting and fee deadlines are robotically prolonged to October 16, 2023 in case you have an handle of report positioned in a federally declared catastrophe space.
- As introduced by Governor Newsom, California people and companies impacted by 2022-23 winter storms qualify for an extension to file and pay taxes till October 16, 2023.
- Based on the California Franchise Tax Board, residents and companies positioned within the counties listed as coated catastrophe areas within the IRS January 10 announcement, IRS January 24 announcement, and IRS March 17 announcement are eligible for the prolonged tax reduction.
- The postponement of time to file and pay doesn’t apply to residents and companies positioned in Lassen.
Federal Tax Reduction
The IRS introduced that victims of those California storms have till October 16, 2023 to file numerous particular person and enterprise tax returns and make sure tax funds. At the moment tax reduction is obtainable to any space designated by FEMA. Because of this people and households that reside or have a enterprise in Alameda, Colusa, Contra Costa, El Dorado, Fresno, Glenn, Humboldt, Kings, Lake, Los Angeles, Madera, Marin, Mariposa, Mendocino, Merced, Modoc, Mono, Monterey, Napa, Orange, Placer, Riverside, Sacramento, San Benito, San Bernardino, San Diego, San Francisco, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara, Santa Clara, Santa Cruz, Shasta, Solano, Sonoma, Stanislaus, Sutter, Tehama, Tulare, Ventura, Yolo, and Yuba counties qualify for tax reduction. Taxpayers in sure storm impacted localities designated by FEMA will robotically obtain the identical submitting and fee reduction.
State of California Tax Reduction
The Governor of California introduced that people and companies who’re impacted by 2022-23 winter storms qualify for an extension to file their state tax return and pay taxes owed till October 16, 2023.
Residents and companies positioned within the counties listed as coated catastrophe areas within the IRS January 10 announcement, IRS January 24 announcement, and IRS March 17 announcement are eligible for the prolonged tax reduction. The postponement of time to file and pay doesn’t apply to residents and companies positioned in Lassen, Modoc, and Shasta.
Florida
Key Takeaways:
- For April 12-14, 2023, storm and flood victims of Broward County had a federal tax deadline, and sure tax fee deadlines prolonged to August 15, 2023.
- For these in sure counties impacted by Hurricane Idalia that began August 27, 2023, that had a 2022 particular person tax return due on October 16, 2023 have till February 15, 2024. Since tax funds associated to those 2022 tax returns had been due on April 18, 2023 these funds don’t qualify for this reduction.
- To qualify, it’s essential to have an handle of report positioned within the catastrophe space.
Federal Tax Reduction for April Storms and Flooding in Broward County
The IRS introduced that victims of extreme storms and flooding that passed off April 12-14, 2023 in Broward County, Florida, had till August 15, 2023 to file numerous federal particular person and enterprise tax returns and make tax funds. Because of this people and households that reside or have a enterprise in Broward County certified for tax reduction. Different areas added later to the catastrophe space may even qualify for a similar reduction.
Federal Tax Reduction for Hurricane Idalia Victims
Following the FEMA catastrophe declaration, the IRS introduced tax reduction for people and companies affected by Hurricane Idalia that started August 27, 2023, in elements of Florida have till February 15, 2024 to file most tax returns that both an authentic or prolonged due date occurring between August 27, 2024 and February 15, 2024.
The February 15, 2024, deadline additionally applies to quarterly estimated tax funds, usually due on September 15, 2023, and January 16, 2024. Companies with an authentic or prolonged due date (together with calendar-year partnerships and S firms) whose 2022 extensions run out on September 15, 2023, and calendar-year firms whose 2022 extensions run out on October 16, 2023, additionally qualify for the February 15, 2024 deadline.
Penalties on payroll and excise tax deposits due on or after August 27, 2023, and earlier than September 11, 2023, can be abated so long as the tax deposits are made by September 11, 2023.
People that reside or have a enterprise affected by the storm within the following counties in Florida qualify for tax reduction: Alachua, Baker, Bay, Bradford, Brevard, Calhoun, Charlotte, Citrus, Clay, Collier, Columbia, DeSoto, Dixie, Duval, Flagler, Franklin, Gadsden, Gilchrist, Gulf, Hamilton, Hardee, Hernando, Hillsborough, Jefferson, Lafayette, Lake, Lee, Leon, Levy, Liberty, Madison, Manatee, Marion, Nassau, Orange, Osceola, Pasco, Pinellas, Polk, Putnam, Sarasota, Seminole, St. Johns, Sumter, Suwannee, Taylor, Union, Volusia and Wakulla.
State of Florida Tax Reduction
The state of Florida doesn’t have a person earnings tax. For the reason that IRS announcement, the Florida Division of Income has not introduced every other type of tax reduction.
Georgia
Key Takeaways:
For January storm victims, particular person federal tax and fee deadlines had been prolonged to October 16, 2023. State tax and fee deadlines prolonged to Could 15, 2023. This utilized to federal and state tax returns and tax funds.
- For Hurricane Idalia victims: People who had a legitimate extension to file their 2022 tax return (because of run out on Oct. 16, 2023) now have till February 15, 2024.
- To qualify, it’s essential to have an handle of report positioned within the catastrophe space.
Federal Tax Reduction
January Extreme Storms Reduction
In January, the IRS made an preliminary announcement that storm victims in elements of Georgia would qualify for tax reduction. In February, the IRS later additional prolonged the deadline to file numerous federal deadline particular person and enterprise tax returns and make tax funds till October 16, 2023.
The IRS is providing reduction to any space designated by the Federal Emergency Administration Company (FEMA). Because of this people and households that reside or have a enterprise in Butts, Henry, Jasper, Meriwether, Newton, Spalding, and Troup counties in Georgia qualify for tax reduction. Different areas added later to the catastrophe space may even qualify for a similar reduction.
Hurricane Idalia Reduction
Much like Hurricane Idalia reduction supplied to Florida and South Carolina, the IRS has introduced people and companies affected by Hurricane Idalia in elements of Georgia. Taxpayers affected by Hurricane Idalia that started August 30, 2023, now have till February 15, 2024, to file returns and pay any taxes that had been initially due throughout this time interval. That is an extension to file for people who had a legitimate extension to file their 2022 tax return because of run out on October 16, 2023. The IRS notes that that is an extension to file however not an extension to pay, as funds associated to 2022 tax returns had been due on April 18, 2023.
The IRS is providing reduction to any space designated by the Federal Emergency Administration Company (FEMA). Because of this people and households that reside or have a enterprise inside of of the next counties inside Georgia qualify: Appling, Atkinson, Bacon, Berrien, Brantley, Brooks, Bulloch, Camden, Candler, Charlton, Clinch, Espresso, Colquitt, Prepare dinner, Echols, Emanuel, Glynn, Jeff Davis, Jenkins, Lanier, Lowndes, Pierce, Screven, Tattnall, Thomas, Tift, Ware, and Wayne counties. Different areas added later to the catastrophe space may even qualify for a similar reduction.
State of Georgia Tax Reduction
January Extreme Storms Reduction
The most recent announcement by the Georgia Division of Income states that sure deadlines for taxpayers who had been impacted by extreme climate on January 12, 2023, have an extension till Could 15, 2023, to file returns and make tax funds. This impacts Georgians in Butts, Crisp, Henry, Jasper, Meriwether, Newton, Pike, Spalding, and Troup counties.
It is strongly recommended that tax filers e-file with direct deposit, however if you’re an affected taxpayer submitting paper returns, it is best to write: “January 12, 2023, Extreme Climate” throughout the highest of any types submitted to the Division.
Hurricane Idalia Reduction
As of September 13, 2023, the Georgia Division of Income has not launched any official bulletins of tax reduction for Hurricane Idalia victims. Examine again for extra updates.
Indiana
Key Takeaways:
- Federal and state tax deadlines and fee deadlines prolonged to July 31, 2023.
- To qualify, it’s essential to have an handle of report positioned within the catastrophe space.
- This is applicable to federal and tax returns and federal and state tax funds.
Federal Tax Reduction
The IRS has introduced that victims of the Indiana storms have an prolonged deadline till July 31, 2023 to file numerous federal particular person and enterprise tax returns and make funds.
The tax reduction postpones numerous tax submitting and fee deadlines that occurred beginning on March 31, 2023. Because of this, affected taxpayers that reside or have enterprise in Allen, Benton, Clinton, Grant, Howard, Johnson, Lake, Monroe, Morgan, Owen, Sullivan and White counties have till July 31, 2023, to file returns and pay any taxes that had been initially due throughout this era.
State of Indiana Tax Reduction
The state of Indiana is granting tax filers who dwell or have companies in sure areas declared a federal catastrophe because of storms on March 31 and April 1 till July 31, 2023 to file their 2022 state tax return. Affected people, and households that reside or have companies in Allen, Benton, Clinton, Grant, Howard, Johnson, Lake, Monroe, Morgan, Owen, Sullivan and White counties have till July 31, 2023, to file their state tax returns and pay any taxes that had been initially due.
Louisiana
Key Takeaways:
- People with legitimate extensions to file their 2022 federal tax return because of run out on October 16, 2023 now have till February 15, 2024. This isn’t an extension to funds associated to 2022 tax returns as these funds had been due on April 18, 2023.
- Taxpayers and companies in Jefferson, Orleans, Plaquemines and St. Bernard parishes qualify for this federal tax reduction.
Federal Tax Reduction
Because of the seawater intrusions in elements of Louisiana, the IRS has introduced victims now have till February 15, 2024 to file numerous federal particular person and enterprise tax returns and make tax funds.
People and households that reside or have companies in Jefferson, Orleans, Plaquemines, and St. Bernard parishes qualify for federal tax reduction.
State of Louisiana Reduction
As of September 29, 2023 the state of Louisiana has not formally introduced any state tax reduction. Examine again for extra updates.
Mississippi
Key Takeaways:
- Federal and State tax & fee deadlines prolonged to July 31, 2023.
- To qualify, it’s essential to have an handle of report positioned within the catastrophe space.
- This is applicable to federal and state tax returns and tax funds.
Federal Tax Reduction
The IRS introduced that victims of the cruel storms that occurred in elements of Mississippi now have till July 31, 2023 to file numerous particular person and enterprise tax returns and make sure tax funds.
The tax reduction postpones numerous tax submitting and fee deadlines that occurred beginning on March 24, 2023. Because of this, affected taxpayers that reside or have enterprise in Carroll, Humphreys, Monroe, and Sharkey counties have till July 31, 2023, to file returns and pay any taxes that had been initially due throughout this era.
State of Mississippi Tax Reduction
Mississippi will observe IRS extensions granted to victims of extreme storms, straight-line winds, and tornadoes that passed off from March 24, 2023 to March 25, 2023. Taxpayers who reside or have a enterprise in Carroll, Humphreys, Monroe, and Sharkey counties have till July 31, 2023, to file particular person earnings tax returns, company earnings and franchise tax returns, passthrough entity tax returns and quarterly estimated funds that had been initially due throughout this era.
The state of Mississippi will work with any taxpayer who resides elsewhere however whose books, data, or tax professionals are positioned within the catastrophe areas.
New York
Key Takeaways:
- Federal Tax & fee deadlines prolonged to Could 15, 2023.
- To qualify, it’s essential to have an handle of report positioned within the catastrophe space.
- This is applicable to federal tax returns and federal tax funds.
- For New York state tax returns and tax funds it’s essential to file for an extension by April 18, 2023.
Federal Tax Reduction
The IRS introduced on March 24 that New York winter storm victims now have till Could 15, 2023 to file numerous particular person and enterprise tax returns and make sure tax funds.
The tax reduction postpones numerous tax submitting and fee deadlines that occurred between December 23 and December 28, 2022. Because of this, affected people and companies in Erie, Genesee, Niagara, St. Lawrence and Suffolk counties could have till Could 15, 2023, to file returns and pay any taxes that had been initially due throughout this era.
State of New York Tax Reduction
Should you or your enterprise was affected by the blizzard of 2022 in Erie, Genesee, Niagara, St. Lawrence, and Suffolk counties and also you want extra time to file you may request an earnings tax extension or company tax extension on-line. Should you need assistance submitting your extension contact the New York State Division of Taxation and Finance.
South Carolina
Key Takeaways:
- People who had a legitimate extension to file their 2022 federal tax return because of run out on October 16, 2023 now have till February 15, 2024. This isn’t an extension to funds associated to 2022 tax returns as these funds had been due on April 18, 2023.
- People and households that reside or have companies in all 46 counties in South Carolina qualify for federal tax reduction.
Federal Tax Reduction
The IRS introduced on September sixth, that taxpayers and companies affected by Hurricane Idalia in all 46 counties in South Carolina qualify for tax reduction. These taxpayers now have till February 15, 2023 to file numerous federal particular person and enterprise tax returns and pay any taxes that had been initially due from August 29, 2023 by February 15, 2023. People who had a legitimate extension to file their 2022 federal tax return because of run out on October 16, 2023 now have till February 15, 2024 to file their 2022 federal tax return. This isn’t an extension to funds associated to 2022 tax returns as these funds had been due on April 18, 2023.
The February 15, 2024, deadline additionally applies to quarterly estimated tax funds, usually due on September 15, 2023 and January 16, 2024. Companies with an authentic or prolonged due date (together with calendar-year partnerships and S firms) whose 2022 extensions run out on September 15, 2023 and calendar-year firms whose 2022 extensions run out on October 16, 2023, additionally qualify for the February 15, 2024 deadline.
Penalties on payroll and excise tax deposits due on or after August 29, 2023, and earlier than September 13, 2023, can be abated so long as the tax deposits are made by September 13, 2023.
State of South Carolina Tax Reduction
As of September 6, 2023, the State of South Carolina has not formally introduced any state tax reduction. Examine again for extra updates.
Tennessee
Key Takeaways:
- Federal tax & fee deadlines prolonged to July 31, 2023.
- To qualify, it’s essential to have an handle of report positioned within the catastrophe space.
- This is applicable to federal tax returns and tax funds.
Federal Tax Reduction
The IRS has issued reduction for Tennessee storm victims they usually now have till July 31, 2023 to file numerous federal particular person and enterprise tax returns and make tax funds. Because of this people and households that reside or have enterprise in Cannon, Hardeman, Hardin, Haywood, Lewis, Macon, McNairy, Rutherford, Tipton and Waynes counties qualify for reduction.
State of Tennessee Tax Reduction
Whereas the state of Tennessee doesn’t have a person earnings tax, the Tennessee Division of Income has introduced an extension for these companies positioned in a delegated catastrophe space. The Division of Income has prolonged the franchise and excise tax submitting and fee deadlines to July 31, 2023.
Vermont
Key Takeaways:
- Federal tax extension deadline prolonged to November 15, 2023.
- This November 15, 2023 extension applies to federal tax returns that had a legitimate extension to file their 2022 tax return because of run out October 16, 2023.
- Tax funds associated to 2022 tax returns that had been due on April 18, 2023 should not eligible for reduction.
- To qualify, it’s essential to have an handle of report positioned within the catastrophe space.
- Submitting of 2022 Vermont private earnings taxes with a legitimate federal or Vermont extension now have a deadline prolonged to November 15, 2023. Should you had been impacted
- Company and enterprise earnings tax (together with estimated funds) that had been due between July 7 and November 15, 2023 will robotically be prolonged to November 15, 2023.
Federal Tax Reduction
The IRS has issued reduction for victims of flooding in Vermont People who had a legitimate extension to file their 2022 return because of run out on October 16, 2023 now have till November 15, 2023 to file their tax returns on extension. The IRS famous, nonetheless, that as a result of tax funds associated to those 2022 returns had been due on April 18, 2023, these funds should not eligible for this reduction. Quarterly estimated earnings tax funds, usually due on September 15, 2023, now have till November 15, 2023. The identical reduction is prolonged to quarterly payroll and excise tax returns, usually due on July 31 and October 31. Companies with an authentic or prolonged due date together with calendar-year partnerships and S firms whose 2022 extensions run out on September 15, and calendar-year firms whose 2022 extensions run out on October 16, have till November 15, 2023.
State of Vermont Tax Reduction
Vermont taxpayers that had been impacted by flooding and unable to satisfy tax deadlines between July 7, 2023 and November 15, 2023 could have till November 15, 2023 to file and pay taxes. The Vermont Division of Taxes has recognized that the follower taxpayers impacted by the flood will robotically be prolonged to November 15, 2023:
- Company and enterprise earnings tax (together with estimated funds)
- 2022 People earnings taxes with a legitimate federal or Vermont extension
- Estimated particular person earnings and fiduciary earnings tax funds initially due Sept. 15, 2023
- Payroll withholding tax
- Gross sales and use tax
- Meals and room tax
Should you had been impacted by the flood and have Vermont tax obligations not listed above due between July 7 and November 15, 2023, you may request an extension by contacting Vermont’s Taxpayer Providers Division.
What do I have to do to say the federal tax extension?
The IRS robotically offers submitting and penalty reduction for Federal tax returns to any taxpayer with an IRS handle of report positioned within the catastrophe space. Taxpayers don’t have to contact the IRS to get this reduction. Nevertheless, if an affected taxpayer receives a late submitting or late fee penalty discover from the IRS that has an authentic or prolonged submitting, fee or deposit due date falling inside the postponement interval, the taxpayer ought to name the quantity on the discover to have the penalty abated.
The tax reduction is a part of a coordinated federal response to the injury attributable to the cruel storms and is predicated on native injury assessments by FEMA. For data on catastrophe restoration, go to disasterassistance.gov.
In case you are not a sufferer, however you’re trying to assist these in want, it is a nice alternative to donate or volunteer your time to professional 501(c)(3) not-for-profit charities who’re offering reduction efforts for storm victims.
Examine again with the TurboTax weblog for extra updates on catastrophe reduction.
