The Inner Income Service (IRS) reminds people and companies in components of Alaska, Maine, and Rhode Island that their 2023 federal earnings tax returns and funds are due on July 15, 2024. This extension applies to these affected by current catastrophe declarations.
The IRS grants reduction to areas designated by the Federal Emergency Administration Company (FEMA). Taxpayers in these areas robotically obtain further time to file and pay their taxes with no need to request it.
Areas Affected by the July 15 Deadline
Taxpayers within the following areas are affected:
- Wrangell Cooperative Affiliation of Alaska Tribal Nation.
- Eight counties in Maine: Cumberland, Hancock, Knox, Lincoln, Sagadahoc, Waldo, Washington, and York.
- 4 counties in Rhode Island: Kent, Newport, Windfall, and Washington.
The complete record of eligible localities is obtainable on the IRS web site beneath the Tax Aid in Catastrophe Conditions web page.
The next returns and funds are included within the July 15 extension:
- 2023 partnership and S company returns due on March 15.
- Particular person earnings tax returns and funds due on April 15.
- Quarterly estimated tax funds due on April 15 and June 17.
- Company and fiduciary earnings tax returns due on April 15.
- Returns filed by tax-exempt organizations due on Could 15.
Further returns, funds, and tax-related actions can also qualify. Detailed info could be discovered on the Catastrophe Help and Emergency Aid for People and Companies web page on the IRS web site.
Taxpayers needing extra time to file past July 15 should submit Kind 4868, Software for Automated Extension of Time to File U.S. Particular person Revenue Tax Return, on paper. This kind extends the submitting deadline to October 15, although funds are nonetheless due by July 15. Extra particulars can be found on IRS.gov/extensions.
The IRS offers automated submitting and penalty reduction to taxpayers in catastrophe areas. No further motion is required. If a taxpayer receives a late submitting or fee penalty discover, they need to name the quantity on the discover to have the penalty eliminated.
The IRS may also help taxpayers outdoors the catastrophe space whose information are within the affected space. These taxpayers ought to contact the IRS at 866-562-5227. This help additionally applies to employees aiding with reduction actions.
People and companies in federally declared catastrophe areas with uninsured or unreimbursed losses can declare them on both the return for the yr the loss occurred or the prior yr. Extra particulars are in Publication 547, Casualties, Disasters, and Thefts.
Different Upcoming Deadlines
Taxpayers in different states with upcoming deadlines embrace:
- July 31 for Bristol and Worcester counties in Massachusetts.
- August 7 for Hawaii and Maui counties in Hawaii.
- September 3 for 11 counties in Ohio, together with Auglaize, Crawford, Darke, Delaware, Hancock, Licking, Logan, Mercer, Miami, Richland, and Union.
Taxpayers affected by terrorist assaults in Israel, Gaza, or the West Financial institution, and sure others, have till October 7, 2024, to file and pay.
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