Tax Relief for Ohio Tornado Victims
The IRS has granted tax relief to individuals and businesses in Ohio affected by the tornadoes starting March 14, 2024. Affected taxpayers now have until September 3, 2024, to file various federal tax returns and make payments.
Who Does It Cover?
This extension applies to those in designated disaster areas identified by FEMA, including Auglaize, Crawford, Darke, Delaware, Hancock, Licking, Logan, Mercer, Miami, Richland, and Union counties. Additional counties may be added to the list later.
What is Included?
This relief covers several tax deadlines including:
individual income tax returns
quarterly estimated income tax payments
and returns for partnerships, corporations, and tax-exempt organizations.
Penalties for certain late deposits will also be abated if payments are made by March 29, 2024.
The IRS will automatically apply this relief based on the taxpayer’s address of record in the disaster area. Taxpayers who believe they qualify but are located outside the disaster area should contact the IRS for assistance.
Further details and updates on the relief efforts can be found on the IRS website.
For more information, visit the IRS Disaster Assistance page.
Disclaimer: This article is for informational and educational purposes only and does not constitute legal tax advice. Advanced Tax Solutions is not liable or responsible for any damages resulting from or related to your use of this information. It is your responsibility to refer to official IRS documentation for information regarding any tax laws or tax information shown here.