The IRS today announced that taxpayers in Oklahoma affected by winter storms that began February 8, 2021, now have until June 15, 2021, to file various individual and business tax returns and make tax payments.
The IRS release—OK-2021-01 (February 25, 2021)—explains that after the Federal Emergency Management Agency issued a disaster declaration, the IRS announced tax relief for individuals and businesses affected by the severe winter storms in all 77 counties in Oklahoma. The declaration permits the IRS to postpone certain tax-filing and tax-payment deadlines for taxpayers who reside or have a business in the disaster area. The relief includes:
In addition, penalties on deposits due on or after February 8, 2021, and before February 23, 2021, will be abated as long as the tax deposits were made by February 23, 2021. 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 IRS release directs taxpayers to call the telephone number on the notice to have the IRS abate the penalty.
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