The IRS has provided tax relief to victims of Hurricane Idalia in Florida. These taxpayers now have until February 15, 2024, to file various individual and business tax returns and to make certain tax payments. (IR 2023-159, 8/30/2023)
Disaster area.
Taxpayers that reside or have a business in 46 Florida counties qualify for this relief.
Postponement period.
This tax relief postpones filing and payment deadlines that were originally due between August 27, 2023, and February 15, 2024, to February 15, 2024, including:
- Individuals with a valid extension, to October 16, 2023, to file their 2022 returns.
- Quarterly estimated income tax payments normally due on September 15, 2023, and January 16, 2024.
- Quarterly payroll and excise tax returns normally due on October 31, 2023, and January 31, 2024.
- Calendar-year partnerships and S corporations with valid extensions, to September 15, 2023, to file their 2022 returns.
- Calendar-year corporations with valid extensions, to October 16, 2023, to file their 2022 returns, and
- Calendar-year tax-exempt organizations with 2022 extensions to November 15, 2023.
In addition, the IRS will abate penalties for failure to make payroll and excise tax deposits due on or after August 27, 2023, and before September 11, 2023, if the deposits are made by September 11, 2023.
Note. The IRS disaster relief page has details on other returns, payments and tax-related actions qualifying for this postponement.
Automatic tax relief.
The IRS automatically provides this filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area. These taxpayers do not need to contact the IRS to get this relief.
Taxpayers affected by the disaster that don’t have an IRS address of record in the disaster area, should contact the IRS at 866-562-5227 to request this relief.
A taxpayer who qualifies for relief that receives a late filing or late payment penalty notice from the IRS for a return or payment due during the postponement period should call the number on the notice and ask to have the penalty abated.
Casualty losses from a federally declared disaster.
Individuals and businesses that suffer uninsured or unreimbursed disaster losses from a federally declared disaster may claim them on either the return for the year the loss occurred (the 2023 return), or the return for the prior year (2022). Taxpayers should write the FEMA declaration number—DR-3596-EM—on any return claiming a casualty loss from Hurricane Idalia.
For more information about deducting casualty losses incurred during a federally declared disaster, see Checkpoint’s Federal Tax Coordinator ¶ M-2000 et seq.
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