![]() ![]() See Publication 547, Casualties, Disasters, and Thefts, for details. ![]() ![]() Taxpayers have extra time – up to six months after the due date of the taxpayer’s federal income tax return for the disaster year (without regard to any extension of time to file) – to make the election. Individuals and businesses in a federally declared disaster area who suffered uninsured or unreimbursed disaster-related losses can choose to claim them on either the return for the year the loss occurred (in this instance, the 2023 return normally filed next year), or the return for the prior year (2022). This also includes workers assisting the relief activities who are affiliated with a recognized government or philanthropic organization.Īdditional tax relief. Taxpayers qualifying for relief who live outside the disaster area need to contact the IRS at 86. In addition, the IRS will work with any taxpayer who lives outside the disaster area but whose records necessary to meet a deadline occurring during the postponement period are located in the affected area. The taxpayer should call the number on the notice to have the penalty abated. In these kinds of unique circumstances, the affected taxpayer could receive a late filing or late payment penalty notice from the IRS for the postponement period. It is possible an affected taxpayer may not have an IRS address of record located in the disaster area, for example, because they moved to the disaster area after filing their return. Therefore, taxpayers do not need to contact the agency to get this relief. Do taxpayers need to do anything to benefit from this relief? The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area. ![]()
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