Tax Deadline Extended for Victims of Hurricanes Harvey and Irma
H&R Block advises upcoming tax deadlines for victims of recent disasters
As Texas and Florida residents cope with Hurricanes Harvey and Irma, H&R Block explains the recently announced tax relief. The disaster, where impacted victims may be eligible for tax relief including an extended filing deadline, affects counties throughout southeast Texas, the state of Florida, Puerto Rico and the U.S. Virgin Islands.
“Taxpayers need to know how to navigate deadlines and filing requirements in light of flooding, storm surges and other damage,” said Jackie Perlman, principal tax research analyst at The Tax Institute at H&R Block.
The IRS has granted late-filing relief to affected taxpayers. Individuals and businesses in the affected disaster areas have until January 31, 2018 to file their October 16 extended tax returns, estimated tax payments due on September 15, 2017 and January 16, 2018 and quarterly payroll tax returns due on October 31. Affected taxpayers will not be subject to penalties for failure to pay estimated tax if payments are made by January 31, 2018.
Generally, the IRS identifies affected taxpayers located in the disaster area and automatically applies filing and payment relief. However, a taxpayer could live outside the disaster area and be eligible for relief and would need to call the IRS at 1-866-562-5227 to request tax relief.
Taxpayers should check the IRS disaster site for relief information or contact H&R Block at 1-800-HRBLOCK for additional information.
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Keep in mind that an extension to file is not an extension to pay. Don't forget to pay your tax bills before the deadline to avoid delayed tax return penalties.
Taxpayers who submitted an extension to file before the April 18 midnight deadline; their returns are now due by Oct. 16.
Millions of taxpayers are continuing to procrastinate on doing taxes and filing a late tax return.
H&R Block offers extended office hours for nearly 45 million who have found themselves filing taxes late.