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Tax relief for taxpayers affected by storms, flooding in Iowa

Tax relief for taxpayers affected by storms in Iowa

The IRS announced that taxpayers who have been affected by the severe storms and flooding that took place on March 12, 2019, in Iowa may qualify for tax relief.


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The IRS release—IA-2019-02 (March 25, 2019)—notes that the president declared a major disaster occurred in Iowa and that subsequently, the IRS announced that affected taxpayers in the following counties may qualify for tax relief: Fremont, Harrison, Mills, Monona, and Woodbury counties. The list of counties was subsequently updated to include: Louisa, Pottawattamie, Scott, and Shelby counties.

The available tax relief includes postponed deadlines for taxpayers who reside or have a business in the disaster area (including deadlines falling on or after March 12, 2019, and before July 31, 2019, by granting taxpayers additional time to file through July 31, 2019, including individual income tax returns and payments for 2018 that normally would be due on April 15, 2019). In addition, penalties on payroll and excise tax deposits due on or after March 12, 2019, and before March 27, 2019, will be abated as long as the deposits are made by March 27, 2019.

If an affected taxpayer receives a late-filing or late-payment penalty notice from the IRS that has an original or extended filing, payment or deposit due date that falls within the postponement period, the taxpayer is directed to call the telephone number on the notice to have the IRS abate the penalty.

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