IRS extends tax aid for Hurricane Ida victims in New York, New Jersey

A person rides a motorbike on the flooded avenue within the City of Sure Brook in New Jersey, on September 2, 2021.

Tayfun Coskun | Anadolu Company | Getty Pictures

Hurricane Ida victims in elements of New York and New Jersey might now have till Jan. three to file federal private and enterprise tax returns. The IRS can also be offering aid in elements of Pennsylvania.

Eligible filers have the identical extension for quarterly estimated tax funds, usually due Sept. 15, in accordance with the IRS.

To qualify, somebody should stay in an space designated for particular person or public help by the Federal Emergency Administration Company. The tax aid is much like what’s accessible for Louisiana residents and doesn’t embrace 2020 funds or returns that have been due Might 17.

In New York, taxpayers within the Bronx, Kings, New York, Queens, Richmond and Westchester counties might qualify. Eligible counties in New Jersey are Bergen, Gloucester, Hunterdon, Middlesex, Passaic and Somerset.

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“Throughout this troublesome time, the IRS stands prepared to assist victims of Hurricane Ida,” stated IRS Commissioner Chuck Rettig in an announcement. “We wish folks affected by this devastating hurricane targeted on their security and restoration for themselves and their households.”

Many taxpayers will robotically obtain submitting and penalty aid, so long as they’ve an deal with of report in a catastrophe space. Nevertheless, those that obtain a late fee discover might name the quantity offered to waive the payment. 

Victims might discover the entire IRS particulars for catastrophe help and emergency aid right here.

The New Jersey Division of Taxation is providing aid for state earnings taxes. Nevertheless, the extension shouldn’t be automated. The New York Division of Taxation and Finance has not introduced aid for state earnings taxes.

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