Florida residents impacted by Hurricane Helene have received a much-needed reprieve from the IRS. The agency has extended the federal tax filing deadline to May 1, 2025, for individuals and businesses located in the affected counties.
Who is Eligible?
The extension applies to residents and businesses in the following Florida counties: Alachua, Bay, Bradford, Calhoun, Charlotte, Citrus, Collier, Columbia, Dixie, Escambia, Franklin, Gadsden, Gilchrist, Gulf, Hamilton, Hernando, Hillsborough, Holmes, Jackson, Jefferson, Lafayette, Lee, Leon, Levy, Liberty, Madison, Manatee, Marion, Monroe, Okaloosa, Pasco, Pinellas, Santa Rosa, Sarasota, Sumter, Suwannee, Taylor, Union, Wakulla, Walton, and Washington.
Additional Extensions
- Individuals with extensions: Those who have already obtained a valid extension to file their 2023 tax return by October 15, 2024, can also benefit from the May 1 deadline. However, any tax payments due on April 15, 2024, are not eligible for this relief.
- Businesses: Calendar-year corporations with an original or extended due date of October 15, 2024, are also granted the extension.
- Quarterly taxes: Quarterly estimated tax payments due on September 16, 2024, as well as those due on January 15 and April 15, 2025, are subject to the extension.
- Payroll and excise taxes: Quarterly payroll and excise tax returns normally due on October 31, 2024, January 31, and April 30, 2025, have been extended.
Penalty Relief
The IRS has also announced that penalties on payroll and excise tax deposits due between September 23 and October 8, 2024, will be abated if the deposits are made by October 8, 2024.
Casualty Loss Claims
Individuals and businesses affected by Hurricane Helene can claim casualty losses related to the disaster for the 2024 or a prior tax year by using FEMA declaration number FEMA-3615–EM.
For more information on the tax relief measures or to obtain assistance, please visit the IRS website or contact a tax professional.
