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Tax Deadline Extensions Offer Relief in Disaster-Affected Areas

Residents in several U.S. states can benefit from extended tax deadlines due to recent natural disasters.

The regular tax filing due date is April 15.
April 15 is the tax filing deadline for most taxpayers. But individuals and businesses that were hit by the severe storms and tornadoes in parts of Michigan last August now have until June 17 to file their income tax returns.
If you can't file your taxes or pay the IRS what you owe by April 15, you should apply for an automatic six-month filing extension and try to send a partial payment by Monday.
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Overview

  • Taxpayers in 10 states have until June or July to file due to federally declared disasters like storms and wildfires.
  • Automatic extensions are granted in disaster areas, no application necessary.
  • IRS Form 4868 allows for a standard six-month extension, but taxes owed must still be paid by April 15.
  • Late payment penalties apply if taxes are underpaid, with potential relief through explanatory letters to the IRS.
  • Experts advise careful estimation of taxes owed when filing for an extension to avoid penalties.