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The Internal Revenue Service (IRS) reiterated the announcement of an extension for the filing of federal tax returns and payments for the fiscal year 2024.
The new deadline will be until May 1, 2025, instead of April 15 as initially planned.
This extension applies to individuals and businesses located in areas designated as disaster zones by FEMA during the year 2024, including various counties and municipalities in Florida and other states.
Which areas qualify for the new deadline?
The extension until May 1, 2025, applies to taxpayers affected by natural disasters in the following areas:
-Florida, Alabama, Georgia, North Carolina, and South Carolina (entire areas).
-Alaska: City and municipality of Juneau.
-New Mexico: Chaves County.
-Tennessee: Counties of Carter, Claiborne, Cocke, Grainger, Greene, Hamblen, Hancock, Hawkins, Jefferson, Johnson, Sevier, Sullivan, Unicoi, and Washington.
-Virginia: Counties of Albemarle, Appomattox, Bedford, Bland, Botetourt, Buchanan, Buckingham, Carroll, Charlotte, Craig, Dickenson, Floyd, Giles, Grayson, Greene, Lee, Madison, Montgomery, Nelson, Patrick, Pittsylvania, Pulaski, Roanoke, Russell, Scott, Smyth, Tazewell, Washington, Wise, and Wythe. Also Bristol, Covington, Danville, Galax, Norton, Radford, and Roanoke (independent cities).
Request for extension
The IRS recommends that anyone needing an additional extension request it electronically before April 15, 2025.
Between April 15 and May 1, 2025, applications can no longer be submitted electronically, but only on paper using Form 4868, titled Application for Automatic Extension of Time to File U.S. Individual Income Tax Return.
Regardless of how the request is submitted, the extension grants additional time until October 15, 2025, to file the tax return for the fiscal year 2024.
The IRS reminded that, although an extension is granted to file the tax return, tax payments must be made before May 1, 2025.
For more details, visit: IRS.gov/extensions
Frequently Asked Questions about the Extension of the Tax Filing Deadline in the U.S.
Why has the deadline for filing taxes been extended in Florida and other states?
The deadline has been extended due to natural disasters that affected several areas in 2024. The IRS has granted an extension for taxpayers in these regions to have more time to file their tax returns.
What are the specific areas that qualify for the tax deadline extension?
The extension applies to taxpayers affected by natural disasters in areas of Florida, Alabama, Georgia, North Carolina, South Carolina, Alaska, New Mexico, Tennessee, and Virginia. Each of these areas has been declared a disaster zone by FEMA.
How can taxpayers request an additional extension for filing taxes?
Taxpayers who need more time can electronically request an additional extension before April 15, 2025. After that date, requests must be submitted on paper using Form 4868.
What happens if the tax payment is not made before May 1, 2025?
Although the deadline to file the declaration can be extended, tax payments must be made before May 1, 2025. Failing to do so may result in interest and penalties.
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