Hurricane Irma Tax Relief
Updated September 25, 2017
Victims of the flooding and storms in Florida and Georgia now have additional time to file time-sensitive materials with the IRS. The designated disaster area covers the following counties:
Who Gets Tax Relief?
Affected taxpayers, including:
-Individual whose principal residence, or business entity whose principal place of business, is located in the designated area
-Individual who is a relief worker assisting in a covered disaster area (regardless of affiliation with government or philanthropic organizations)
-An individual or business entity whose records, necessary to meet a filing or payment deadline, are maintained in a covered disaster area
-Any estate or trust that has tax records necessary to meet a filing or payment deadline in a covered disaster area, and
-Any spouse of an affected taxpayer (only if filing jointly)
What May Be Postponed?
The IRS gives affected taxpayers, whose original or extended due date falls on or after September 4, 2017 for Florida (September 7, 2017 for Georgia) until the extended date (as explained below) to file most types of returns. These include:
-Individual, estate, trust, partnership, C corporation, and S corporation income tax returns
-Estate, gift, and generation-skipping transfer tax returns
-Employment and certain excise tax returns and
-Tax payments, including estimated tax payments
The final extended date for the aforementioned counties affected by Hurricane Irma is January 31, 2018. This extension includes quarterly estimated tax payments due 9/15/17 and 1/16/18, individual income tax returns for which taxpayers received a filing extension until 10/16/17, the 10/31/17 deadline for quarterly payroll and excise tax returns, and returns of tax-exempt organizations that operate on a calendar-year basis and had an automatic extension until 11/15/17. The postponement of time to file and pay does not apply to information returns in the W-2, 1098 or 1099 series. The extended date DOES NOT apply to employment and excise tax deposits. The deposit delayed date for employment and excise taxes for Florida is September 19, 2017 (September 22, 2017 for Georgia).
For information about tax relief as it pertains to Irma’s effects on U.S. Territories, please contact our office.
Updates from the IRS on any filing and payment extensions can be found on their website:Back To List