Taxpayers from disaster areas in most of California and parts of Alabama and Georgia now have until Oct. 16, 2023, to file various federal individual and business tax returns and make tax payments. Previously, the tax deadline was May 15, 2023, for these areas. Currently, tax relief is available to any area designated by FEMA. The current list of eligible localities and other details for each disaster is available on the Tax Relief in Disaster Situations page on IRS.gov.
Extended Tax and Payment Deadlines List
Several tax filing and payment dates that were set to begin on January 8, 2023, have been postponed by the tax relief. Below are a few of the tax reliefs that are postponed for this tax season 2023.
- Individual and business tax returns for 2022 are now due on October 16, 2023, for disaster-affected areas.
- Applicable taxpayers will have until October 16 to make 2022 contributions to their IRAs and health savings accounts.
- The expected tax payments for the fourth quarter of the tax year 2022, which have a deadline of January 17, 2023, are also postponed to October 16, 2023
- The estimated tax payments for tax season 2023, which are typically due on April 18, have been postponed until October 16, 2023.
- The deadline for filing quarterly payroll and excise tax returns, which was previously January 31, April 30, and July 31, has been extended until October 16, 2023.
Details on other returns, payments, and tax-related actions that qualify for the extended time are available on the Disaster Assistance and Emergency Relief for Individuals and Businesses page.
How to Claim the Extension?
Any taxpayer with an IRS address of record located in the disaster region will automatically receive filing and penalty relief from the IRS. Taxpayers can obtain this assistance without getting in touch with the IRS. However, if a concerned taxpayer receives a notice from the IRS about a late filing or late payment penalty with an original or extended filing, payment, or deposit due date that falls within the postponement period, the taxpayer should contact the IRS at the number on the notice to have the penalty waived.
How To Claim Casualty and Property Loss on Taxes If Impacted?
Disaster-related casualty losses incurred by individuals or businesses may be claimed on the previous tax year 2022 or the current tax year 2023. To claim on the previous tax year 2022, the taxpayers need to file it in this tax season 2023. To claim on the tax year 2023, the claimant must file it in the next tax season 2024. Losses of personal property that are not compensated by insurance or other sources of payment may also be deducted by individuals.
The IRS will assist any taxpayer whose records are located in the disaster region. If a taxpayer living outside of a disaster area and qualify for relief, call the IRS at 866-562-5227 to explain your situation, after assessment, IRS will provide the relief. This also covers employees supporting relief efforts who are connected to a reputable governmental or charitable organization.
The tax relief is based on FEMA’s local damage assessments and is part of a coordinated federal response to the harm caused by the severe storms. For more information on disaster recovery visit DisasterAssistance.gov.
IRS Audit Group is a tax audit representation firm in Los Angeles, California. Usually, in a few cases, the IRS may ask for more information to validate the tax return filings. But rarely, IRS may like to audit your tax information through a letter of notice via Mail. In such cases, it is important to engage a tax professional like ours to represent your audit. Our licensed professionals comprise qualified CPAs and IRS Enrolled Agents. They can analyze your tax situation and help alleviate your burden. Please contact us for more information. https://irsauditgroup.com/contact/
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