IRS Issues Tax Extensions for Victims of Hurricane Ian
The IRS is offering tax relief to those impacted by Hurricane Ian throughout Florida and the Carolinas, including individuals and households that reside or have a business anywhere in these FEMA-declared disaster areas.
The tax relief postpones various tax filing and payment deadlines that occurred starting on Sept. 23 in Florida, Sept. 25 in South Carolina and Sept. 28 in North Carolina. Affected individuals and businesses will have until Feb. 15, 2023, to file returns and pay any taxes that were originally due during this period.
The IRS noted that the Feb. 15, 2023, deadline also applies to quarterly estimated income tax payments due on Jan. 17, 2023, and the quarterly payroll and excise tax returns normally due on Oct. 31, 2022, and Jan. 31, 2023. Businesses with an original or extended due date also have the additional time including, among others, calendar-year corporations whose 2021 extensions run out on Oct. 17. Similarly, tax-exempt organizations also have the additional time, including for 2021 calendar-year returns with extensions due to run out on Nov. 15, 2022.
Taxpayers do not need to contact the IRS to get this relief. The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area.
The IRS disaster relief page has details on other returns, payments and tax-related actions qualifying for the additional time.
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