The IRS also gives affected taxpayers until Jto perform other time-sensitive actions described in Treas. Under section 7508A, the IRS gives affected taxpayers until Jto file most tax returns (including individual, corporate, and estate and trust income tax returns partnership returns, S corporation returns, and trust returns estate, gift, and generation-skipping transfer tax returns annual information returns of tax-exempt organizations and employment and certain excise tax returns), that have either an original or extended due date occurring on or after February 4, 2022, and before June 15, 2022, are granted additional time to file through June 15, 2022.Īffected taxpayers that have an estimated income tax payment originally due on or after February 4, 2022, and before June 15, 2022, are postponed through Jwill not be subject to penalties for failure to pay estimated tax installments as long as such payments are paid on or before June 15, 2022. In addition, all relief workers affiliated with a recognized government or philanthropic organization assisting in the relief activities in the covered disaster area and any individual visiting the covered disaster area who was killed or injured as a result of the disaster are entitled to relief. § 301.7508A-1(c) are in the covered disaster area, are also entitled to relief. Taxpayers not in the covered disaster area, but whose records necessary to meet a deadline listed in Treas. § 301.7508A-1(d)(1), and include individuals who live, and businesses (including tax-exempt organizations) whose principal place of business is located, in the covered disaster area. Taxpayers considered to be affected taxpayers eligible for the postponement of time to file returns, pay taxes and perform other time-sensitive acts are those taxpayers listed in Treas. ![]() §301.7508A-1(d)(2) and are entitled to the relief detailed below. The localities listed above constitute a covered disaster area for purposes of Treas. But affected taxpayers who reside or have a business located outside the covered disaster area should call the IRS disaster hotline at 86 to request this tax relief. The IRS automatically identifies taxpayers located in the covered disaster area and applies filing and payment relief. For information on services currently available, visit the IRS operations and services page at IRS.gov/coronavirus. If an affected taxpayer receives a late filing or late payment penalty notice from the IRS that has an original or extended filing, payment or deposit due date that falls within the postponement period, the taxpayer should call the telephone number on the notice to have the IRS abate the penalty. Penalties on payroll and excise tax deposits due on or after February 4, 2022, and before February 22, 2022, will be abated as long as the tax deposits were made by February 22, 2022. Farmers who choose to forgo making estimated tax payments and normally file their returns by March 1 will now have until Jto file their 2021 return and pay any tax due. The Jdeadline also applies to the quarterly estimated tax payments, normally due on Apand to the quarterly payroll and excise tax returns normally due on May 2. The June 15 deadline also applies to 2021 returns of tax-exempt organizations, normally due on May 16. ![]() This includes 2021 individual and business tax returns, normally due on April 18 and various 2021 business returns normally due on March 15. ![]() For instance, certain deadlines falling on or after February 4, 2022, and before June 15, 2022, are postponed through June 15, 2022. The declaration permits the IRS to postpone certain tax-filing and tax-payment deadlines for taxpayers who reside or have a business in the disaster area. Individuals and households affected by severe storms, flooding, and landslides that reside or have a business in municipalities of Cataño, Dorado, Toa Baja, Vega Alta, and Vega Baja qualify for tax relief. WASHINGTON - Victims of severe storms, flooding and landslides beginning Februnow have until June 15, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.įollowing the recent disaster declaration issued by the Federal Emergency Management Agency, the IRS announced today that affected taxpayers in certain areas will receive tax relief.
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