CDOR agrees to honor any waiver of interest granted by Texas for affected International Fuel Tax Agreement (IFTA) motor carriers if payments are received by the extension deadline. This includes 2020 business returns, normally due on March 15 and individual and business returns normally due on April 15. It also includes the special March 1 filing and payment deadline for farmers and fishermen who forgo making estimated tax payments. Tuesday, April 18, 2023, is the tax filing deadline for most Americans, but the deadline was extended on Monday for Arkansas storm victims.

Recognizing that victims could benefit from assistance, the IRS extended tax filing and payment deadlines for some taxpayers. The current list of eligible localities https://turbo-tax.org/victims-of-texas-winter-storms-get-deadline/ is always available on the disaster relief page on IRS.gov. The June 15, 2021 deadline applies to the first quarter estimated tax payment due on April 15.

IRS extends tax deadlines for storm victims in these 7 states

Earlier this month, the IRS issued notices to approximately 260,000 taxpayers stating they haven’t filed their 2019 federal tax return. These notices, referred to as CP59 notices, are issued yearly to identified taxpayers who have failed to file a tax return that was due the prior calendar year (Tax Year 2019). Due to pandemic related shutdowns, the IRS has not completed processing all 2019 returns at this time. Therefore, the CP59 notices should not have been sent because some portion of the recipients may actually have filed a return that is still being processed. People who filed their 2019 return but nevertheless received the CP59 notice, can disregard the letter and do not need to take any action.

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Income Tax

The IRS has pushed tax deadlines back for taxpayers in several states across the country because of storm damage from the East Coast to the West Coast. Taxpayers do not need to file any additional forms, and the due date extensions apply to all franchise taxpayers. An IRS statement says the agency is ready to help those taxpayers who may have affected by the winter storm but who live outside the current disaster area.

ALDOR will grant filing extensions to taxpayers directly affected by these winter storms. Alabama taxpayers residing in areas designated as disaster areas by the federal government have until June 15, 2021, to file tax returns due on or after Feb. 11, 2021, and before June 15, 2021. The relief postpones tax filing and payment deadlines that occur starting on February 11. So, the businesses and individuals affected will have until June 15, 2021, to file returns and make payments, including 2020 individual and business returns due on April 15, and various 2020 business returns due on March 15. The winter storms that hit Texas and other states beginning on February 11, 2021 made headlines worldwide. Unfortunately, the storms’ severity and an infrastructure ill-equipped  to handle resulting utility and service demands led to loss of life and unprecedented damage in many communities.

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The IRS tax deadline extension applies to individuals who live in a covered disaster area, as well as to any company whose principal place of business is in a covered disaster area. It is not necessary for residents of Texas, Oklahoma, or Louisiana, or businesses located in these states, to request this extension; the IRS automatically identifies individual and business taxpayers in these areas and applies the relief. The IRS tax filing extension initially applied to taxpayers located anywhere in the state of Texas. In addition, the extension is available to anyone located outside Texas in an area where there was a similar FEMA federal disaster declaration.

If you do so by the regular April 18 Tax Day, you can submit Form 4868 electronically. However, after April 18 and before May 15, disaster area taxpayers must file their extension requests by completing a paper form and snail mailing it to the IRS. A deadly winter snowstorm hit parts of the Empire State around last Christmas. The Federal Emergency Management Agency (FEMA) and the IRS followed up quickly with, respectively, disaster declarations and tax relief for Erie and Genesee counties. Subsequently, the designations for the devastating Dec. 23-28, 2022, blizzard expanded to Erie, Genesee, Niagara, St. Lawrence, and Suffolk counties.

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This option is discussed in my January post on the first New York winter storm tax relief. Taxpayers who do not live in storm-impacted areas can also file for extensions by filling out Form 4868. The IRS notes that an extension of time to file does not grant any extension of time to pay your taxes. In New York’s Erie, Genesee, Niagara, St. Lawrence and Suffolk counties, victims of the severe winter storm in late December 2022 have until May 15 to file taxes, the IRS said.

According to the IRS news release, taxpayers will have until June 15, 2021, to file various individual and business tax returns and make tax payments. This relief, prompted by FEMA’s recent disaster declaration, applies to the entire states of Texas and Oklahoma. https://turbo-tax.org/ In addition, taxpayers in other states that received similar FEMA disaster declarations because of the winter storms will automatically receive the same filing and payment relief. You can find the current list of eligible locations on the IRS tax relief page.