On Jul. 22, US IRS postponed tax filing or payment to Feb. 3, 2025.
US IRS postponed tax filing, payment for TX firms, individuals due to Hurricane Beryl.
Relief also from TX LEG, FEMA, CMS re unemployment insurance claim; storm-related deductible; waiver to insurer, provider, or hospital, see #219564, #219218, #219311.
Business or Individual Eligibility
Affected individuals, businesses have until Feb. 3, 2025 to file federal returns or make payments that were originally scheduled, due for the period Jul. 5, 2024-Feb. 3, 2025.
Nfew Feb. 3 deadline applies to any individual, business or tax-exempt organization that has a valid extension to file their 2023 federal return; not eligible for extra time.
Also applies to quarterly estimated income tax payments due Sep. 2024 or Jan. 2025.
Quarterly payroll, excise tax returns normally due on July 31, Oct. 31, Jan. 31, 2025.
Penalties for failing to make payroll and excise tax deposits due on/after Jul. 5, 2024, and before Jul. 22, 2024, will be abated, as long as deposits made by Jul. 22, 2024.
US IRS gives filing, penalty relief to taxpayers with IRS address of record located in the disaster area; others should call the number provided to request a postponement.
Additional Tax Relief
Qualified relief payment from federal agencies is excluded from gross income reported.
Taxpayers given additional six months from original income tax filing deadline in a disaster year to make their tax election; page lists filing assistance, free filing options.
Retirement plan, IRA early withdrawal may be exempt from 10% early distribution tax.
Uninsured or unreimbursed disaster-related loss may be claimed on 2024 tax return to be filed in 2025 or for the 2023 tax return; must reference FEMA declaration 4798-DR.
Current Designated Counties
Eligible counties may be updated on IRS.gov, current list: Anderson, Angelina, Aransas
