Don't Mess With Taxes

UPDATE, Sunday, Oct. 27, 2024: The Internal Revenue Service granted tax relief to taxpayers in Juneau, Alaska, following the early August glacial outburst flooding in that state's capital city and borough. Affected Alaska taxpayers now have a May 1, 2025, tax relief deadline.

UPDATE, Friday, Oct. 11, 2024: The Internal Revenue Service has granted tax relief to all Florida individual and business taxpayers in the wake of Hurricane Milton, which struck the Sunshine State's Gulf Coast on Oct. 9. In addition, the IRS also today announced disaster tax relief and a Feb. 3, 2025, deadline for individuals and businesses of the San Carlos Apache Tribe in the state of Arizona who were affected by the Watch Fire that began on July 10.

When October rolled around, the Oct. 15 filing extension deadline was one of the tax moves that made the ol' blog's monthly to-do list.

Actually, it was covered as two October tax moves.

The first was a reminder to the majority of filers across the United States who earlier this year got an extension to file their 2023 tax returns to do just that by Tuesday, Oct, 15. You’ve still got a week to finish up that Form 1040.

The second extension tax move in that post, however, noted that some folks get beyond Oct. 15 to file their extended 2023 tax return. That’s because they are in major disaster areas, and have been granted extra time to meet this, and other, tax obligations.

Where Oct. 15 isn't the tax deadline: Since these taxpayers, both business owners and individuals, many who just recently went through a major natural disaster, are worried about more pressing things than taxes, here’s another, separate look at the who, when, and where this added time to file applies.

Nov. 1, 2024, is the new deadline for taxpayers in parts of the eight states. They are in Arkansas, Iowa, Kentucky, Mississippi, New Mexico, Oklahoma, Texas, and West Virginia. Florida originally was in this group, but the after a third hurricane made landfall there this month, the IRS moved the tax relief deadline for all Florida taxpayers to May 1, 2025 (more below). 

Feb. 3, 2025, is the new deadline for certain taxpayers in 13 states and 2 U.S. territories. They are in Arizona, Connecticut, Illinois, Kentucky, Louisiana, Minnesota, Missouri, New York, Pennsylvania, South Dakota, Texas, Washington, Vermont, and the territories of Puerto Rico and U.S. Virgin Islands.

May 1, 2025, is the new deadline for taxpayers in seven states in Hurricane Helene’s deadly path. In addition, Hurricane Milton's death and property destruction across the central part of the Sunshine State this month prompted the IRS to extend that hurricane tax relief, and May 1, 2025, deadline, to all Floridians. The Helene and Milton disaster areas cover the entire states of Alabama, Florida, Georgia, North Carolina, and South Carolina, and parts of Tennessee, and Virginia.

In addition, May 1, 2025, is the deadline for multiple tax obligations faced by victims of August flooding in the Juneau, Alaska, area.

If you're dealing with a natural disaster, you can find more in —

• IRS Publication 547;
• IRS' Tax Relief in Disaster Situations special web page (click on the 2024 link for latest disaster/tax news);
• my post on claiming disaster losses; and
• the ol' blog's Storm Warnings collection.

Other special circumstances: In addition to the usual weather-related natural disasters that typically qualify for Federal Emergency Management Agency (FEMA) designations, certain other circumstances qualify for special tax relief.

Note, too, that members of the military serving in combat zones can get an extra 180 days from their last day in those dangerous areas to file their tax returns. You can get more information at the IRS web page on combat zone service extended deadlines and IRS Publication 3, Armed Forces Guide to Taxes.

So mark your calendars if you get more tax time, of course after you take care of more immediately necessary tasks to get your life back in order.

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