IRS postpones tax deadline for Texas affected by deadly winter storm to June – Lexington-Fayette, Kentucky

Lexington-Fayette, Kentucky 2021-02-23 10:34:12 –

The Internal Revenue Service has extended tax filings and payment deadlines for all Texas people affected by last winter’s storm and prolonged energy and water problems.

In the posted statement To their websiteThe IRS says their decision to extend the Texas deadline to June 15, 2021 came after the disaster declaration issued by FEMA.

This extension applies to individuals, households, and businesses that live or do business in any of Texas’ 254 counties. It also applies to taxpayers and businesses operating in other counties in neighboring states. Disaster declaration Published by the Federal Emergency Management Agency.

This extension includes individual tax returns, which usually expire on April 15, and business tax returns, which usually expire on March 15, and other tax returns and payments until June 15. Includes deadline.

The IRS has information on claiming disaster-related losses on federal income tax returns. Their website..

The IRS was already behind this year.Earlier this year they Presentation They did not begin accepting and processing 2020 tax returns until February 12. This is more than two weeks behind last year. Authorities said more time was needed to program the system to reflect the new tax law.

Last year, in the midst of a coronavirus pandemic, the IRS postponed the tax deadline for everyone to July 15, 2020. No national postponement of 2021 has been issued.

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