A crucial tax deadline looms for residents of several Alabama counties. Taxpayers residing in Autauga, Barbour, Chambers, Conecuh, Coosa, Dallas, Elmore, Greene, Hale, Mobile, Morgan, Sumter, and Tallapoosa counties, must file their taxes by October 16th. This deadline extension was granted in light of the severe storms and tornadoes that struck on January 12th, forcing a postponement from the usual April 18th due date.
The Internal Revenue Service (IRS) occasionally grants tax deadline extensions for various reasons, which can provide relief to taxpayers facing unexpected challenges or circumstances. These extensions are typically not automatic and require specific conditions to be met. Understanding why the IRS grants these extensions can help taxpayers navigate their tax obligations more effectively.
The IRS Sends Alabama, Georgia, and California Taxpayers a Time Extension
It’s not just Alabamians. If you’re in nine Georgia counties – think Butts, Crisp, or Troup, to name a few – circle that same Oct. 16 date. And our Californian friends in 55 counties? You too. Multiple Federal Emergency Management Agency alerts have led to these changes.
Who’s Covered for the Oct. 16 Extension?
- Individuals, your 2022 tax returns and any dues typically set for April 18.
- For those qualified, you can still make 2022 contributions to your IRAs or health savings.
- Remember those quarterly estimates? The ones usually due on April 18, June 15, and Sept. 15? You’re in.
- Partnerships and S corporations, if you were eyeing March 15, it’s your lucky day.
- Corporations, the same goes for you if April 18 was your day.
- Those with quarterly payroll and excise returns originally slated for May 1 and July 31, this is for you.
- And lastly, tax-exempt organizations, if May 15 was causing stress, breathe easy.
The best part? No extra paperwork. The IRS is proactively easing filing and penalty charges for those listed in the disaster zones. But on the off chance you get a late notice? Give the IRS a ring on the number they provide. To all affected, stay safe, and remember to meet those deadlines.