NORTH TEXAS (CBSDFW.COM/CNN) — Extra help for Texans, this time from the Inside Income Service, after a lethal winter storm left thousands and thousands within the state with out energy and water.
The IRS introduced Monday that it’s giving all Texas residents and companies an extra two months to file their federal revenue taxes. This implies Texans now have till June 15 to file their returns and pay what they owe.
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The automated extension applies to quite a lot of tax submitting and fee deadlines that initially fell between February 11 and April 15. For instance, it would cowl particular person tax returns usually due on April 15 in addition to quarterly estimated revenue tax funds due the identical day, plus sure 2020 enterprise returns that have been due on March 15. It additionally covers quarterly payroll and excise tax returns usually due on April 30.
“Following the current catastrophe declaration issued by the Federal Emergency Administration Company (FEMA), the IRS is offering this reduction to the complete state of Texas,” the IRS stated in a press release.
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There isn’t a have to file varieties requesting extra time, the extension is computerized for anybody residing in Texas.
Go to the IRS website for more information about reduction for Texans. There’s extra information available on the IRS disaster assistance page.
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