The IRS says that taxpayers in these areas do not need to deposit before October 16
Check if your tax declaration date has just been extended.
This year fiscal season has been underway for a little over a month now, and many taxpayers have already succeeded. Since February 18, the Internal Revenue Service (IRS) has already received almost 37 million returns . But you shouldn't worry if you haven't even thought about making your taxes yet, because there is still a lot of time. And if you live in some parts of the country, you may have many months to get your taxes. Read the rest to know why the IRS now says that some taxpayers need not deposit before October 16.
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The tax deadline is April 18 of this year.
Most taxpayers have until mid-April to deposit their taxes. The IRS began to accept and treat returns on January 23 for the 2023 tax season, and although the tax declaration date generally falls on April 15, it is delayed by a few days this year due to the weekend -End and the District of Columbia's Emancipation Day Holiday on April 17.
"By law, Washington, D.C., the holidays have an impact on tax time for all in the same way as federal holidays," said the IRS in a January 12 press release .
Thus, everyone has until April 18 to submit their statements in 2022, but some taxpayers now have even more taxes.
The IRS previously extended the deadline for certain taxpayers.
The IRS acknowledges that circumstances apart from the control of taxpayers can hinder their ability to comply with the normal deposit deadline. Regarding disaster situations, the agency Provides tax relief .
"Federal law allows the IRS to grant taxpayers affected by a federal declared disaster or a period of significant importance to carry out certain acts sensitive to time, in particular by declaring declarations and by paying taxes when the date of Initial or prolonged maturity of the declaration or payment is within the framework of the disaster period, "explains the agency.
Before the start of the 2023 tax season, the IRS had already extended the deadline for deposit for specific taxpayers. Last month, the agency announced that some residents of three different states would have until May 15 to produce their feedback following various disasters in January 2023. These are the victims of violent winter storms, Floods and mud shifts in California , as well as the victims of violent storms, winds in a straight line and tornadoes The two Georgia And Alabama .
Now the deadline has been extended more.
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The new deadline for these taxpayers is October 16.
The taxpayers affected by the disasters of last month in California, Georgia and Alabama, obtain another break from the IRS. In a press release of February 24, the agency announced that it was still extending the tax deadline for these victims after having postponed it previously to May.
"Taxpayers in the disaster area of the majority of California and certain parts of Alabama and Georgia have now until October 16, 2023 to produce various declarations of federal and commercial income and make payments of taxes, "said the IRS.
In order to qualify for this extension, you must reside in a disaster area designated by the Federal Emergency Management Agency (FEMA) in one of the three states. Most California counties qualify and several counties of Georgia and Alabama are also affected. You can consult the IRS website for a full list of eligible areas .
Qualified taxpayers will not receive a penalty for late taxes.
Anyone who is anxious to respect the tax deadline may take up an extension of the IRS to obtain more time to produce their declaration. But they still have to pay the taxes they may have on the initial deadline, or they will face penalty fees for late payments.
On the other hand, if you are eligible for an extension of the deadline based on disasters, you will not be sentenced to a fine for having tabled your taxes after April 18, whether you have money or not.
"The IRS automatically provides a deposit and penalty file to any taxpayer an IRS address located in the disaster area," said the agency. "Consequently, taxpayers do not need to contact the agency to obtain this relief."
In the event that you are sentenced to a fine despite a fine despite the qualifications for help in the event of a disaster, you can contact the IRS to repair it.
"If an affected taxpayer receives a late depot or late payment notice from the IRS which has a deposit, payment or deposit of original deposit, the date of maturity of the postponement period, the taxpayer must Call the penalty notice number, ”added the agency.
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