February 24, 2021
IRS extends tax filing deadline to June 15, 2021, for individuals and businesses affected by Texas winter storms
The IRS has announced (IR-2021-43) that victims of the recent Texas winter storms will have until June 15, 2021, to file various individual and business tax returns, and pay the associated tax, if the original deadlines fell on February 11, 2021 or later.
Returns and payments to which the June 15, 2021, deadline applies include:
In addition, penalties on payroll and excise tax deposits due on or after February 11, 2021, and before February 26, 2021, will be abated if made by February 26, 2021. The IRS disaster relief page has details on other returns, payments and tax-related actions qualifying for the extension.
This relief is available to taxpayers in the entire state of Texas, and those in other states affected by the winter storms that received similar FEMA disaster declarations. A current list of eligible localities is available on the IRS disaster relief page. In addition, the IRS said it will work with affected taxpayers who live outside the disaster area but whose records are located in the affected area.
The IRS will automatically provide filing and penalty relief to any taxpayer with an IRS address-of-record located in the declared disaster area. Although taxpayers need not contact the agency to obtain relief, it is advisable to include at the top of the first page of any paper-filed return a short statement identifying the taxpayer as qualifying for a disaster-related extension.