Does Your State Have a Deadline Extension This Tax Season?

Photo of author

By smarttaxservice

[ad_1]

Extreme storms, tornadoes, floods, and mudslides have ravaged elements of the nation in the course of the previous few months. For those who have been a sufferer of a pure catastrophe in an space designated as a federal catastrophe by the Federal Emergency Administration Company (FEMA) the IRS has probably prolonged numerous federal tax deadlines and different reduction for you. Victims from totally different states – together with areas in Alabama, Arkansas, California, Georgia, Mississippi, New York, and Tennessee – now have extensions to file numerous federal particular person and enterprise 2022 tax returns and make 2022 tax funds and will qualify for tax reduction on the state stage as nicely. 

Nonetheless, there are numerous individuals who haven’t been impacted or dwell in states that don’t have an extension. You might be nonetheless required to file on April 18th or file for an extension by that date for those who dwell within the following states:

Alaska

Arizona

Colorado

Connecticut

Delaware

Hawaii

Idaho

Illinois

Iowa

Kansas

Kentucky

Louisiana

Maine

Maryland

Massachusetts

Michigan

Minnesota

Missouri

Montana

Nebraska

Nevada

New Hampshire

New Jersey

New Mexico

North Carolina

North Dakota

Ohio

Oklahoma

Oregon

Pennsylvania

Rhode Island

South Carolina

South Dakota

Texas

Utah

Virginia

Washington

West Virginia

Wisconsin

Wyoming

Even for those who dwell in one of many areas designated as a federally declared catastrophe, however you weren’t impacted and haven’t filed your taxes but TurboTax has you lined and might help you file earlier than the tax deadline.

If these storms impacted you, we would like you to know TurboTax is right here for you, and we need to hold you updated with necessary tax reduction data that will aid you on this time of want. Observe: extension dates and federal and state necessities are depending on the state and county the place you reside or have a enterprise  – see extra data for every state beneath.

Tax Reduction for Impacted Tax Filers:

What are the prolonged deadlines to file tax returns and make funds for every state?

Alabama

Key Takeaways:

  • Federal and State Tax & fee deadlines are prolonged to October 16, 2023.
  • To qualify, you have to have an handle of report positioned within the catastrophe space.
  • This is applicable to federal and state tax returns and tax funds. 

Federal Tax Reduction 

In January, the IRS made an preliminary announcement that storm victims in elements of Alabama would qualify for tax reduction. In February IRS later additional prolonged the deadline to file numerous federal deadline particular person and enterprise tax returns and make tax funds till October 16, 2023. 

The IRS is providing reduction to any space designated by the Federal Emergency Administration Company (FEMA). Because of this people and households that reside or have a enterprise in Autauga and Dallas counties in Alabama qualify for tax reduction. Different areas added later to the catastrophe space can even qualify for a similar reduction. 

State of Alabama Tax Reduction 

The Alabama Division of Income (ALDOR) is providing tax reduction to Alabama particular person taxpayers and companies in federally declared catastrophe areas in Alabama the place injury was attributable to extreme climate in January. The state tax reduction mirrors IRS measures in the identical declared catastrophe areas. 

Alabama taxpayers residing in areas designated as catastrophe areas by the federal authorities have till October 16, 2023, to file tax returns and make tax funds due on or after January 12, 2023, and earlier than October 16, 2023. The reduction applies to all taxes administered by ALDOR (besides taxes and registration charges due below the Worldwide Gasoline Tax Settlement and the Worldwide Registration Plan).

Arkansas

Key Takeaways: 

  • Tax deadlines & fee deadlines are prolonged to July 31, 2023. 
  • To qualify, you have to have an handle of report positioned within the catastrophe space.
  • This is applicable to federal and state tax returns and tax funds. 

Federal Tax Reduction 

The IRS introduced on April 3 that Arkansas storm victims have till July 31, 2023, to file numerous federal particular person and enterprise tax returns and make tax funds. Presently, tax reduction is accessible to any space designated by FEMA. Because of this people and households residing or proudly owning companies in Cross, Lonoke and Pulaski counties qualify for tax reduction. Different areas added later to the catastrophe space can even qualify for a similar reduction. Taxpayers in sure storm-impacted localities designated by FEMA will robotically obtain the identical submitting and fee reduction. 

State of Arkansas Tax Reduction 

The Governor of Arkansas by Government Order prolonged the 2022 particular person state earnings tax submitting date and particular person state earnings tax fee date from April 18, 2023, to July 31, 2023, for these residing in Pulaski, Lonoke, and Cross counties. This extension contains 2022 returns of Subchapter S Companies, fiduciaries and estates, partnerships and composite returns. The requirement for a written request for an extension is waived in the course of this emergency. 

California

Key Takeaways: 

  • Federal tax submitting and fee deadlines are robotically prolonged to October 16, 2023 when you have an handle of report positioned in a federally declared catastrophe space.
  • As introduced by Governor Newsom, California people and companies impacted by 2022-23 winter storms qualify for an extension to file and pay taxes till October 16, 2023.
  • In response to the California Franchise Tax Board, residents and companies positioned within the counties listed as lined catastrophe areas within the IRS January 10 announcement, IRS January 24 announcement, and IRS March 17 announcement are eligible for the prolonged tax reduction.
  • The postponement of time to file and pay doesn’t apply to residents and companies positioned in Lassen, Modoc, and Shasta.

Federal Tax Reduction 

The IRS introduced that victims of those California storms have till October 16, 2023 to file numerous particular person and enterprise tax returns and make sure tax funds. Presently tax reduction is accessible to any space designated by FEMA. Because of this people and households that reside or have a enterprise in Alameda, Colusa, Contra Costa, El Dorado, Fresno, Glenn, Humboldt, Kings, Lake, Los Angeles, Madera, Marin, Mariposa, Mendocino, Merced, Mono, Monterey, Napa, Orange, Placer, Riverside, Sacramento, San Benito, San Bernardino, San Diego, San Francisco, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara, Santa Clara, Santa Cruz, Solano, Sonoma, Stanislaus, Sutter, Tehama, Tulare, Ventura, Yolo, and Yuba counties qualify for tax reduction. Taxpayers in sure storm impacted localities designated by FEMA will robotically obtain the identical submitting and fee reduction.  

State of California Tax Reduction 

The Governor of California introduced that people and companies who’re impacted by  2022-23 winter storms qualify for an extension to file their state tax return and pay taxes owed till October 16, 2023. 

Residents and companies positioned within the counties listed as lined catastrophe areas within the IRS January 10 announcement, IRS January 24 announcement, and IRS March 17 announcement are eligible for the prolonged tax reduction. The postponement of time to file and pay doesn’t apply to residents and companies positioned in Lassen, Modoc, and Shasta.

Florida 

Key Takeaways: 

  • Federal tax and fee deadlines prolonged to August 15, 2023. 
  • To qualify, you have to have an handle of report positioned within the catastrophe space.

Federal Tax Reduction 

On Might 2, the IRS introduced that victims of extreme storms and flooding in Broward County, Florida have till August 15, 2023 to file numerous federal particular person and enterprise tax returns and make tax funds.Because of this people and households that reside or have a enterprise in Broward County qualify for tax reduction. Different areas added later to the catastrophe space can even qualify for a similar reduction.

State of Florida Tax Reduction 

The state of Florida doesn’t have a person earnings tax. Because the IRS announcement the Florida Division of Income has not introduced every other type of tax reduction. 

Georgia

Key Takeaways: 

  • Federal tax and fee deadlines prolonged to October 16, 2023 
  • State tax and fee deadlines prolonged to Might 15, 2023
  • To qualify, you have to have an handle of report positioned within the catastrophe space.
  • This is applicable to federal and state tax returns and tax funds. 

Federal Tax Reduction 

In January, the IRS made an preliminary announcement that storm victims in elements of Georgia would qualify for tax reduction. In February IRS later additional prolonged the deadline to file numerous federal deadline particular person and enterprise tax returns and make tax funds till October 16, 2023. 

The IRS is providing reduction to any space designated by the Federal Emergency Administration Company (FEMA). Because of this people and households that reside or have a enterprise in Butts, Henry, Jasper, Meriwether, Newton, Spalding and Troup counties in Georgia qualify for tax reduction. Different areas added later to the catastrophe space can even qualify for a similar reduction. 

State of Georgia Tax Reduction 

The newest announcement by the Georgia Division of Income states that sure deadlines for taxpayers have been prolonged till Might 15, 2023, for taxpayers impacted by extreme climate on January 12, 2023. This impacts Georgians in Butts, Crisp, Henry, Jasper, Meriwether, Newton, Pike, Spalding, and Troup counties. 

People and companies whose information required for tax compliance are positioned within the catastrophe space will obtain the prolonged deadline. This extension applies to return filings and tax funds. 

It is strongly recommended that tax filers e-file with direct deposit, however if you’re an affected taxpayer submitting paper returns it is best to write: “January 12, 2023 Extreme Climate” throughout the highest of any kinds submitted to the Division. 

Indiana

Key Takeaways: 

  • Federal tax and fee deadlines prolonged to July 31, 2023. 
  • To qualify, you have to have an handle of report positioned within the catastrophe space.
  • This is applicable to federal tax returns and federal tax funds. 
  • State tax and fee deadlines are due on April 18, 2023. Please examine the Indiana Division of Income for extra extension or reduction updates. 

Federal Tax Reduction 

The IRS has introduced that victims of the Indiana storms have an prolonged deadline till July 31, 2023 to file numerous federal particular person and enterprise tax returns and make funds. 

The tax reduction postpones numerous tax submitting and fee deadlines that occurred beginning on March 31, 2023. Consequently, affected taxpayers that reside or have enterprise in Allen, Benton, Clinton, Grant, Howard, Johnson, Lake, Monroe, Morgan, Owen, Sullivan and White counties have till July 31, 2023, to file returns and pay any taxes that have been initially due throughout this era. 

State of Indiana Tax Reduction Because the IRS announcement of federal tax reduction and extensions, the state of Indiana and its Division of Income has not introduced an extension or reduction. Please examine the Indiana Division of Income web site for extra extension or reduction updates.

Mississippi

Key Takeaways:

  • Federal and State tax & fee deadlines prolonged to July 31, 2023. 
  • To qualify, you have to have an handle of report positioned within the catastrophe space.
  • This is applicable to federal and state tax returns and tax funds. 

Federal Tax Reduction 

The IRS introduced that victims of the tough storms that occurred in elements of Mississippi now have till July 31, 2023 to file numerous particular person and enterprise tax returns and make sure tax funds.

The tax reduction postpones numerous tax submitting and fee deadlines that occurred beginning on March 24, 2023. Consequently, affected taxpayers that reside or have enterprise in Carroll, Humphreys, Monroe, and Sharkey counties have till July 31, 2023, to file returns and pay any taxes that have been initially due throughout this era. 

State of Mississippi Tax Reduction 

Mississippi will observe IRS extensions granted to victims of extreme storms, straight-line winds, and tornadoes that befell from March 24, 2023 to March 25, 2023. Taxpayers who reside or have a enterprise in Carroll, Humphreys, Monroe, and Sharkey counties have till July 31, 2023, to file particular person earnings tax returns, company earnings and franchise tax returns, passthrough entity tax returns and quarterly estimated funds that have been initially due throughout this era.

The state of Mississippi will work with any taxpayer who resides elsewhere however whose books, information, or tax professionals are positioned within the catastrophe areas. 

New York

Key Takeaways:

  • Federal Tax & fee deadlines prolonged to Might 15, 2023. 
  • To qualify, you have to have an handle of report positioned within the catastrophe space.
  • This is applicable to federal tax returns and federal tax funds. 
  • For New York state tax returns and tax funds you have to file for an extension by April 18, 2023. 

Federal Tax Reduction 

The IRS introduced on March 24 that New York winter storm victims now have till Might 15, 2023 to file numerous particular person and enterprise tax returns and make sure tax funds.

The tax reduction postpones numerous tax submitting and fee deadlines that occurred between December 23 and December 28, 2022. Consequently, affected people and companies in Erie, Genesee, Niagara, St. Lawrence and Suffolk counties can have till Might 15, 2023, to file returns and pay any taxes that have been initially due throughout this era. 

State of New York Tax Reduction 

For those who or your small business was affected by the blizzard of 2022 in Erie, Genesee, Niagara, St. Lawrence, and Suffolk counties and also you want extra time to file you possibly can request an earnings tax extension or company tax extension on-line. For those who need assistance submitting your extension contact the New York State Division of Taxation and Finance

Tennessee 

Key Takeaways:

  • Federal tax & fee deadlines prolonged to July 31, 2023. 
  • To qualify, you have to have an handle of report positioned within the catastrophe space.
  • This is applicable to federal tax returns and tax funds. 

Federal Tax Reduction 

The IRS has issued reduction for Tennessee storm victims they usually now have till July 31, 2023 to file numerous federal particular person and enterprise tax returns and make tax funds. Because of this people and households that reside or have enterprise in Cannon, Hardeman, Hardin, Haywood, Lewis, Macon, McNairy, Rutherford, Tipton and Waynes counties qualify for reduction. 

State of Tennessee Tax Reduction 

Whereas the state of Tennessee doesn’t have a person earnings tax, the Tennessee Division of Income has introduced an extension for these companies positioned in a chosen catastrophe space. The Division of Income has prolonged the franchise and excise tax submitting and fee deadlines to July 31, 2023. 

Vermont 

Key Takeaways: 

  • Federal tax extension deadline prolonged to November 15, 2023. 
  • This November 15, 2023 extension applies to federal tax returns that had a legitimate extension to file their 2022 tax return as a consequence of run out October 16, 2023. 
  • Tax funds associated to 2022 tax returns that have been due on April 18, 2023 usually are not eligible for reduction. 
  • To qualify, you have to have an handle of report positioned within the catastrophe space.

Federal Tax Reduction 

The IRS has issued reduction for victims of flooding in Vermont People who had a legitimate extension to file their 2022 return as a consequence of run out on October 16, 2023 now have till November 15, 2023 to file their tax returns on extension. The IRS famous, nonetheless, that as a result of tax funds associated to those 2022 returns have been due on April 18, 2023, these funds usually are not eligible for this reduction. Quarterly estimated earnings tax funds, usually due on September 15, 2023 now have till November 15, 2023. The identical reduction is prolonged to quarterly payroll and excise tax returns, usually due on July 31 and October 31. Companies with an authentic or prolonged due date together with, calendar-year partnerships and S companies whose 2022 extensions run out on September 15, and calendar-year companies whose 2022 extensions run out on October 16 have till November 15, 2023. 

State of Vermont Tax Reduction Because the IRS announcement of federal tax reduction and extensions, the state of Vermont and its Division of Taxes has not introduced an extension or reduction. Please examine the Vermont Division of Taxes web site for extra extension or reduction updates.

What do I must do to assert the federal tax extension? 

The IRS robotically offers submitting and penalty reduction for Federal tax returns to any taxpayer with an IRS handle of report positioned within the catastrophe space. Taxpayers don’t must contact the IRS to get this reduction. Nonetheless, if an affected taxpayer receives a late submitting or late fee penalty discover from the IRS that has an authentic or prolonged submitting, fee or deposit due date falling inside the postponement interval, the taxpayer ought to name the quantity on the discover to have the penalty abated.

The tax reduction is a part of a coordinated federal response to the injury attributable to the tough storms and relies on native injury assessments by FEMA. For data on catastrophe restoration, go to disasterassistance.gov.

If you’re not a sufferer, however you’re trying to assist these in want, it is a nice alternative to donate or volunteer your time to official 501(c)(3) not-for-profit charities who’re offering reduction efforts for storm victims.

Examine again with the TurboTax weblog for extra updates on catastrophe reduction.

Katharina Reekmans
Katharina Reekmans

Katharina Reekmans is an Enrolled Agent and a contributor to the TurboTax Weblog crew. Katharina has years of expertise in tax preparation and illustration earlier than the IRS. Her passions encompass monetary literary and tax regulation interpretation. She has a robust dedication to utilizing all assets and data to finest serve the curiosity of shoppers. Katharina has labored as a senior tax accountant, operations supervisor, and controller. Katharina prides herself on unraveling tax legal guidelines in order that the common particular person can perceive them. Extra from Katharina Reekmans

[ad_2]

Supply hyperlink

Leave a Comment