Taxpayers in two states have had their federal tax deadline extended, the Internal Revenue Service (IRS) has announced.
They have three months longer, from the affected states with the most severe and recent storms to file and pay taxes in parts of Maine and Rhode Island. This means individuals and businesses can now file their returns and pay their taxes by July 15 instead of April 15.
“The tax relief will postpone various tax filing and payment deadlines that occurred from January 9, 2024, through July 15, 2024,” the IRS explained in an April 4 release. “That means affected individuals and businesses will have until July 15, 2024, to file returns and pay any taxes originally due during this period.”
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The extension affects those individual and household residents and businesses of these counties in Maine: Cumberland, Hancock, Knox, Lincoln, Sagadahoc, Waldo, Washington, and York. The tax relief will be extended to the citizens of the state, residing or conducting business in Kent, Providence, and Washington Counties.
Such extensions can be given only when an area is issued a disaster declaration by the Federal Emergency Management Agency (FEMA).
Stock photos of tax return forms and U.S. residents from Maine to Rhode Island have been given an extended deadline to file taxes following the severe flooding and storms they experienced earlier in the year.
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But if you think that there will be a need for an extension beyond April 15, then that should be done electronically. “Though a disaster-area taxpayer qualifies to request an extension between April 15 and July 15, 2024, a request filed during this period can only be submitted on paper,” the IRS explains.
In that case, the deadline to file tax returns comes on October 15th, making a three-month extension from the extended point of the deadline and a six-month extension from the April original deadline. However, owed taxes will still have to be paid by July 15th.
Need more time to file your taxes? A tax filing extension can give you six additional months to file – with a new deadline of Oct. 15, 2024. To request more time to file today with the #IRS, go to: https://t.co/3byJqk9fiF pic.twitter.com/zhpow1M14y
— IRSnews (@IRSnews) April 2, 2024
Previously this year, the IRS announced similar measures for San Diego County, California, taxpayers following a series of severe storms and flash flooding in January. The new deadline covers all who are deemed in a disaster area, which, for this occasion, stands at June 17, 2024.
“The IRS automatically identifies taxpayers located in the covered disaster area and applies for filing and payment relief,” the IRS said in a release at the time.
“For example, if a taxpayer receives a late filing or late payment penalty notice from the IRS with an original filing, payment, or deposit due date falling within the period of postponement, the taxpayer should call the telephone number on the notice to have the IRS abate the penalty.”
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