Tax Extention Deadlines Extended
For Hurricane Ian Victims
According to local officials, Ian's death toll has risen to much than 80. Lee and Charlotte County had the most victims in the state.
The IRS is granting more extensions of time, this time to Hurricane Ian victims in both North and South Carolina. They now have time until February.
This is comparable to the assistance announced last week for Ian victims in Florida. The IRS is providing assistance to any location designated by the Federal Emergency Management Agency (FEMA).
Individuals and households who live or have a company in either the
Carolinas or Florida
are eligible for tax reduction.
The tax relief postpones many tax filing and payment deadlines that were set to begin on September 25, 2022 in South Carolina and September 28, 2022 in North Carolina.
Individuals whose 2021 return extension expired on Oct. 17, 2022, have until Feb. 15, 2023 to file. These 2021 tax payments were due on April 18, 2022, so they don't qualify for relief.
Similarly, tax-exempt organisations have more time, including for 2021 calendar-year returns, with extensions expiring on November 15, 2022.
The most recent list of qualifying localities is always available on the irs.gov disaster assistance page.
The tax relief is part of a coordinated federal response to Hurricane Ian damage and is based on FEMA's local damage estimates.