The IRS has announced Tax Relief for Victims of Hurricane Maria in Puerto Rico, similar to the announcements previously made for Texas and Florida hurricane disasters.
From this week’s National Association of Tax Professionals e-newsletter:
The IRS is offering a recap of key tax relief provisions affecting taxpayers who suffered losses resulting from Hurricanes Harvey, Irma and Maria.
In general, the IRS is now providing relief to individuals and businesses anywhere in Florida, Georgia, Puerto Rico and the Virgin Islands, as well as parts of Texas. Because this relief postpones various tax deadlines, individuals and businesses will have until January 31, 2018, to file any returns and pay any taxes due. Those eligible for the extra time include:
- Individual filers whose tax-filing extension runs out on October 16, 2017. Because tax payments related to these 2016 returns were originally due on April 18, 2017, those payments are not eligible for this relief.
- Business filers, such as calendar-year partnerships, whose extensions ran out on September 15, 2017.
- Quarterly estimated tax payments due on September 15, 2017, and Jan. 16, 2018.
- Quarterly payroll and excise tax returns due on October 31, 2017.
- Calendar-year tax-exempt organizations whose 2016 extensions run out on November 15, 2017.
A variety of other returns, payments and tax-related actions also qualify for additional time. See the disaster relief page on IRS.gov for details on these and other relief provisions the IRS has offered since these hurricanes began hitting in August.