Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

IRS announces extensions and tax relief for victims of Texas winter storms

IntuitAustin
Community Manager
Community Manager

Victims of the recent winter storms in Texas may postpone tax payments and filings with original deadlines beginning February 11, 2021. Businesses and individuals affected will have until June 15, 2021 to file or pay.

This includes business return filings normally due on March 15, individual returns normally due April 15, quarterly estimates typically scheduled for April 15, and calendar year exempt organization returns normally due May 17.

This disaster relief covers the entire state of Texas. Taxpayers in other states impacted by the storms will be eligible for the same relief if a similar FEMA disaster declaration is issued in their area.

The IRS will automatically apply this relief to taxpayers living in the affected area, with no action needed. Taxpayers who live outside the affected area, but whose records necessary for timely filing are located in the disaster area,  need to contact the IRS by phone for relief. 

For more information on who qualifies for this relief and other tax relief available to storm victims, see the IRS News Release.


**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Accept as solution"
1 Reply 1
IntuitCharlene
Community Manager
Community Manager

Frequently asked questions: 

Can I e-file extensions after the original due date? 

When an due date is changed for a specific area extensions filed after the original due date must be paper filed. 

Is there a checkbox to tell the IRS that a return is eligible for the new due date?

There is not a checkbox in the software to flag the return as part of a disaster area. The IRS will automatically apply this relief to taxpayers living in the affected area, with no action needed. 

Can I update the client letter to show the new due date?

Using client letters in ProSeries will show you how to customize the letter. You can remove the due date code and manually enter the June 15, 2021 date. 

Before: 

2021-03-15_11-35-40.png

After: 

2021-03-15_11-36-40.png

Can I change the payment date for electronic funds withdrawal for extensions? 

If the payment date falls after the original due date of the return the extension payment would need to be made on the IRS web site. 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Accept as solution"
0 Cheers
Reply