(Revised to Include addition of South Carolina to the IRS relief-September 26, 2018)
Hurricane Florence victims in parts of North Carolina, South Carolina and elsewhere have until January 31, 2019, to file certain individual and business tax returns and make certain tax payments. The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area. Taxpayers do not need to contact the IRS to get this relief.
Who is Covered by the Relief?
The IRS is offering this relief to any area designated by the Federal Emergency Management Agency (FEMA), as qualifying for individual assistance. Currently, this only includes parts of North Carolina, but taxpayers in localities added later to the disaster area, including those in other states, will automatically receive the same filing and payment relief.
The current list of eligible localities can be found on the disaster relief page at IRS.gov.
Further, the IRS will work with anyone who lives outside the disaster area but need records from the affected area during the postponement time to meet deadlines. Taxpayers qualifying for relief who live outside the disaster area will need to contact the IRS at 866-562-5227. This will also include workers assisting the relief activities who are affiliated with a recognized government or philanthropic organization.
What is Postponed?
The recent announcement of tax relief postpones various tax filing and payment deadlines that occurred starting on September 7, 2018 in North Carolina and South Carolina. As a result, affected individuals and businesses will have until January 31, 2019, to file returns and pay any taxes that were originally due during this period.
Quarterly estimated income tax payments due on September 17, 2018, and the quarterly payroll and excise tax returns normally due on October 31, 2018.
Businesses with extensions also have the additional time including, among others, calendar-year partnerships whose 2017 extensions run out on September 17, 2018.
Taxpayers who had a valid extension to file their 2017 return due to run out on October 15, 2018 will also have more time to file.
Penalties on payroll and excise tax deposits due on or after September 7, 2018, and before September 24, 2018, will be abated as long as the deposits are made by September 24, 2018.
The IRS disaster relief page has details on other returns, payments and tax-related actions qualifying for the additional time. The Department of Labor has also established a webpage as a resource for Hurricane Florence Recovery.
See also the Hurricane Florence Information Center and Tax Relief for Victims of Hurricane Florence in South Carolina.