Are you an individual or business owner affected by wildfires, hurricanes, or other natural disasters that have occurred? If so, you now have more time to file tax returns and make payments without penalties.
The IRS grants automatic relief to areas designated as federal disaster zones by FEMA. As of this recording, relief is available for those affected by Hurricane Helene, New Mexico storms, Alaska flooding, California wildfires, and Kentucky storms. When new disasters occur, more counties or states may be added. The IRS disaster relief page has a full list of eligible locations.
For those in affected areas, the new deadlines apply to:
- Individual income tax returns (normally due April 15, 2025)
- IRA & HSA contributions for 2024
- Quarterly estimated tax payments (usually due January 15, April 15, June 16, September 15)
- Payroll and excise tax returns (usually due January 31, April 30, July 31)
- Business and tax-exempt organization returns
Additionally, penalties for payroll and excise tax deposits due shortly after a disaster will be waived if payments are made within the specified timeframe.
Disaster-affected taxpayers may also:
- Claim uninsured losses on either their 2024 or 2025 tax return. (Write FEMA declaration number 4856-DR on the return.)
- Exclude certain disaster relief payments from taxable income.
- Access hardship withdrawals from retirement accounts with reduced penalties.
For further details, see IRS Publication 547 or speak to your tax preparer.
So, what if you’re outside a disaster area but affected by it?
If your necessary records are in an affected area, you can request an extension by calling 866-562-5227.
The IRS also offers several free resources for affected taxpayers:
- VITA & TCE programs – Free tax preparation (call 800-906-9887)
- AARP Tax-Aide – Help for seniors (call 888-227-7669)
- IRS Free File – Available for incomes up to $84,000
- MilTax – Free tax prep for military members and some veterans
For the latest updates on disaster-related tax relief, visit IRS.gov or DisasterAssistance.gov.
