After Helene, IRS says affected Tennessee taxpayers have until May 1 to file taxes. See if you qualify
There's some good news for taxpayers in East Tennessee.
The Internal Revenue Service has granted all taxpayers impacted by Tropical Storm Helene an extension to file their 2024 taxes. Now, those taxpayers have until May 1 to file.
This extended deadline is an automatic courtesy for individuals and businesses in the affected regions; there's no need to apply for it.
The IRS has rolled out some additional tax relief options for hurricane survivors in Tennessee, Alabama, Florida, Georgia, North Carolina, South Carolina and Virginia.
Here's what affected taxpayers can expect.
Affected taxpayers now have until May 1, 2025, to file various federal individual and business tax returns and make tax payments, including:
2024 individual and business returns normally due during March and April 2025
2023 individual and corporate returns with valid extensions and quarterly estimated tax payments
Anyone who lives in Carter, Cocke, Greene, Hamblen, Hawkins, Johnson, Unicoi and Washington counties is eligible for the tax extension. These were the counties where former President Joe Biden declared a state of emergency on Sept. 28.
The deduction is available for damaged or destroyed property not covered by insurance or other reimbursement and can result in a larger refund, according to the IRS.
For residents who lost everything in the floods, the IRS will replace your tax records for free. To find your payment histories and transcripts, go to irs.gov.
Disaster relief payments may be considered tax-free, according to the IRS. This means that affected taxpayers can exclude from their gross income amounts received from a government agency on their taxes if the money was used for reasonable and necessary personal, family, living or funeral expenses, as well as for the repair or rehabilitation of their home, or for the repair or replacement of its contents.
USA Today Network reporter C. A. Bridges contributed to this report.
This article originally appeared on Knoxville News Sentinel: Tax deadline pushed for these East Tennessee areas hit by Helene
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