ALABAMA (WHNT) — The IRS announced in October 2024 that some taxpayers in 7 states qualified for a postponed tax deadline in 2025.
On Oct. 1, 2024, the Internal Revenue Service announced federal disaster tax relief for all individuals and businesses affected by Hurricane Helene.
This federal relief includes people within the entire state of:
- Alabama
- Georgia
- North Carolina
- South Carolina
The relief also includes parts of Florida, Tennessee and Virginia.
Taxpayers in these areas now have until May 1 to file various federal individual and business tax returns and make tax payments.
Among other things, this includes 2024 individual and business returns normally due during March and April 2025, 2023 individual and corporate returns with valid extensions and quarterly estimated tax payments.
The IRS is offering relief to any area designated by the Federal Emergency Management Agency (FEMA). Besides all of Alabama, Georgia, North Carolina and South Carolina, this currently includes 41 counties in Florida, eight counties in Tennessee and six counties and one city in Virginia.
Individuals and households that reside or have a business in any one of these localities qualify for tax relief. The same relief will be available to other states and localities that receive FEMA disaster declarations related to Hurricane Helene. The current list of eligible localities is always available on the Tax relief in disaster situations page on IRS.gov.
The tax relief postpones various tax filing and payment deadlines that occurred beginning on Sept. 22, 2024, in Alabama; Sept. 23 in Florida; Sept. 24 in Georgia; Sept. 25 in North Carolina, South Carolina and Virginia; and Sept. 26 in Tennessee.
In all of these states, the relief period ends on May 1 (postponement period). As a result, affected individuals and businesses will have until this postponed date to file returns and pay any taxes originally due during this period.
The May 1, deadline now applies to:
- Any individual or business that has a 2024 return normally due during March or April 2025.
- Any individual, business, or tax-exempt organization that has a valid extension to file their 2023 federal return. The IRS noted, however, that payments on these returns are not eligible for the extra time because they were due last spring before the hurricane occurred.
- 2024 quarterly estimated income tax payments normally due on Jan. 15, 2025, and 2025 estimated tax payments normally due on April 15, 2025.
- Quarterly payroll and excise tax returns normally due on Oct. 31, 2024, and Jan. 31 and April 30, 2025.
In addition, the IRS is also providing penalty relief to businesses that make payroll and excise tax deposits. Relief periods vary by state. Visit the Around the Nation page for details.
To learn more about this postponed tax relief, visit the IRS website here.
While Alabama federal tax payments have been postponed until May, state taxes are still due April 16.
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