After disasters, IRS gives more time for returns, payments
The
Owners and other taxpayers also have until the end of January to make quarterly estimated income tax payments that were due
Taxpayers don't need to file any documents with the
Federal law provides for the extension of tax deadlines in disaster areas. It also allows taxpayers with disaster losses and who don't have insurance or aren't being reimbursed to choose when to claim a deduction; it can be claimed in the year the disaster strikes, or in the previous year. Taxpayers hit by Hurricane Florence can take a deduction on either their 2017 or 2018 returns.
Taxpayers can get more information about the
Owners seeking more information about tax relief for those affected by Hurricane Florence should visit https://bit.ly/2Q0fmmA . The web page contains links to information in English and Spanish. Information about the
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