Taxpayers have until September 3, 2024, to file federal individual and business tax returns and make tax payments.
The IRS today announced tax relief for individuals and businesses in Ohio affected by tornadoes that began March 14, 2024. The affected taxpayers have until September 3, 2024, to file federal individual and business tax returns and make tax payments.
According to today’s IRS release—IR-2024-141—the relief applies to areas designated by the Federal Emergency Management Agency (FEMA), including several counties in Ohio: Auglaize, Crawford, Darke, Delaware, Hancock, Licking, Logan, Mercer, Miami, Richland, and Union.
The relief postpones various tax filing and payment deadlines from March 14, 2024, through September 3, 2024. This includes:
Penalties for failing to make payroll and excise tax deposits due on or after March 14, 2024, and before March 29, 2024, will be abated as long as the deposits were made by March 29, 2024. The IRS will automatically provide filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area.
Taxpayers who need a tax-filing extension beyond September 3, 2024, can file Form 4868 with the IRS. Payments are still due on September 3, 2024.
Additional relief may be available to affected taxpayers who participate in a retirement plan or IRA.