Three states may benefit from tax relief due to Hurricane Debby. The thing is the Internal Revenue Service (IRS) will provide tax relief for victims in Vermont, South Carolina, and some parts of Georgia, North Carolina, and Florida.
Having more time to file a tax return or to simply make any payments due may be of great help when there has just been a hurricane. Do not miss out on the new deadline and take advantage of it if you need to.
When is the new IRS deadline for Hurricane Debby tax relief?
The Internal Revenue Service claims that the new deadline will be in early February. So now, taxpayers living in affected areas have until February 3, 2025, to make payments and file various tax returns.
This new deadline will be for both businesses and individuals who have been affected by Hurricane Debby. The important change is that taxpayers in all 14 counties in Vermont will have tax relief.
So, an important number of citizens in Vermont will be eligible for this IRS tax relief. As a matter of fact, Vermont is the 5th State to be eligible for this tax relief. Other States got it previously. Check the details now:
- Individuals, businesses, and tax-exempt organizations with a valid extension to file their 2023 federal return are covered.
- The extension does not apply to payments on these returns, as they were due last spring before the hurricane.
- Quarterly estimated income tax payments due on September 16, 2024, and January 15, 2025, are included.
- Quarterly payroll and excise tax returns due on October 31, 2024, and January 31, 2025, are also included.
How do I know if the IRS grants tax relief in my area after a natural disaster?
The IRS always offers tax relief to taxpayers living in areas designated by the FEMA. FEMA is the Federal Emergency Management Agency. In order to know if your County or the full State receives tax relief you can visit their official website.
All you have to do is go to this link: https://www.fema.gov/. Bear in mind that fema.gov is an official site of the United States Government. There, you will also be able to apply for assistance.
For example, taxpayers can get Individual Assistance and if you qualify they will help you to jumpstart recovery. They are now informing of the Florida Hurricane Debby. check all the info related to the application for DR-4806-FL.