In the aftermath of Hurricane Helene and Hurricane Milton, ATBS sends sincere prayers and wishes for the safety of all of our clients and their families.
During this time, we want to ensure that folks have as much access to information as possible. It is important to note that the IRS has extended the deadline to file your 2023 Individual Income Tax Returns if you live in an area affected by a natural disaster.
The IRS guidelines on who is eligible for an extension are very specific, so it is important to check IRS.gov or call the IRS Disaster Relief Hotline at 866-562-5227 for more information.
Currently, taxpayers in the entire states of Alabama, Florida, Georgia, North Carolina, and South Carolina, and parts of Tennessee and Virginia, who received extensions to file their 2023 returns have until May 1, 2025, to file. Tax-year 2023 tax payments are not eligible for this extension. In addition, May 1 is also the deadline for filing 2024 returns and paying any tax due.
This extension does not apply to any taxpayer who did not file a valid extension by April 15th, 2024. Any tax that was due for the 2023 tax year is already late if it remains unpaid, and the IRS is not granting penalty relief for unpaid tax from last year related to the natural disaster.
For those who received relief related to Tropical Storm Debby, but not related to Hurricane Helene, the deadline to file your 2023 return is only extended to February 3, 2025.
We will continue to monitor any changes the IRS makes to deadlines for either return filing or payments. We are here to support our clients, their families, our partners, and friends affected by these horrific storms.