IRS Update: If You Are A Victim Of Hurricane Ida, Know When You Can File Your Tax Return

Victims of the Hurricane Ida that caused several damages and flooding in August can now file individual or business tax returns until Jan. 3, 2022. According to an announcement by the Internal Revenue Service (IRS), the original deadline of filing tax returns, Oct. 15, 2021, has now been  extended.

The IRS pointed out that the relief is only available to people or businesses from areas designated by the Federal Emergency Management Agency (FEMA). The FEMA listed Louisiana and neighboring states as the ones affected by Hurricane Ida.

So if you already live in these areas, you automatically receive filing and payment relief from the IRS. Those eligible no longer have to contact the IRS to get such relief.

Along with the announcement of the IRS is a statement that the tax relief was implemented to help the victims of Hurricane IDA.

IRS Commissioner Chuck Rettig said, “We want people affected by this devastating hurricane focused on their safety and recovery for themselves and their families. To provide assistance now and in the weeks ahead, we have a variety of different types of relief available to help people and businesses affected by this disaster.”

Those outside disaster areas but whose records are necessary to meet the deadline set by the IRS are in the affected area need to call the IRS to be properly assisted. They can contact the IRS at 866-562-5227.

Credit: forbes.com

Other tax payment and tax returns affected by the extension are those who are due to submit their documents for quarterly estimated income tax payments due on Sept. 15, 2021, the quarterly payroll and excise tax returns due on Nov. 1, 2021, the tax-exempt organizations operating on a calendar-basis due on Nov. 15, 2021, and calendar-year corporations due on Oct. 15, 2021.

The IRS also announced that penalties on payroll and excise tax deposits that were due from August 26 to September 10 would be abated if they make the deposits on Sept. 10 this year.