The IRS has recently issued additional tax relief notices to help aid those impacted by recent disaster situations. The IRS notices announce fuel penalty relief and a variety of extensions for individuals and business impacted by Hurricane Ida in Louisiana, severe storms and flooding in Tennesee, and California wildfires.
Louisiana
IR-2021-175 and LA-2021-04 announces the postponement of certain tax-related deadlines. The tax relief postpones tax filing deadlines that began August 26, 2021, taxpayers will now have until January 3, 2022, to file these various tax returns and make payments.
“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. For instance, certain deadlines falling on or after August 26, 2021, and before January 3, 2022, are postponed through January 3, 2022.
This means that individuals who had a valid extension to file their 2020 returns, due to run out on October 15, will now have until January 3, 2022, to file.” –IRS.Gov
You may qualify for any of the additional tax relief if you are an individual that resides or operates a business anywhere in the state of Louisiana.
Additionally, IR-2021-176 announced September 1, 2021, offers dyed diesel fuel penalty relief. This relief is effective as of August 29, 2021, and will remain so through September 15, 2021.
Tennessee
Announced August 27, 2021, TN-2021-01, offers relief to victims of the severe storms and flooding that occurred on August 21, 2021. The tax relief postpones various tax filing deadlines for taxpayers that began August 21, 2021, to January 3, 2022.
You may qualify if you are an individual that resides or operates a business in Dickson, Hickman, Houston, and Humphreys counties.
California
Victims of wildfires that began July 14, 2021, have been granted until November 15, 2021, in notice CA-2021-03 to file or make payments of various individual or business tax returns.
You may qualify if you reside or have a business that has been impacted by the wildfires in Lassen, Nevada, Placer, and Plumas counties.
Additional Resources:
- If you have been impacted, but your area is outside the covered disaster areas for any of the IRS notices above, you may call the IRS disaster hotline 1-866-562-5227 to request relief.
- Indviduals may deduct personal property losses that are not covered by insurance or any other reimbursements. For details, see Form 4684, Casualties and Thefts and its instructions.
- Tax Tip 2021-131, Understanding what happens after a disaster that leads to taxpayer relief.
- See IRS FAQs for Disaster Victims for additional information.
- IRS tax relief notices for 2021.