Kentucky storm, flooding victims now eligible for tax relief

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Storm victims in parts of Kentucky now have until Nov. 15, 2022, to file various individual and business tax returns and make tax payments, the Internal Revenue Service (IRS) says. The agency is offering relief to any area designated by the Federal Emergency Management Agency (FEMA) as qualifying for individual or public assistance.

Currently, individuals and households that reside or have a business in Breathitt, Clay, Floyd, Johnson, Knott, Leslie, Letcher, Magoffin, Martin, Owsley, Perry, Pike and Wolfe counties in Kentucky qualify for tax relief.

The same relief will be available to any other locality added later by FEMA. The current list of eligible localities is always available on the disaster relief page on IRS.gov.

The tax relief postpones various tax filing and payment deadlines that occurred starting on July 26, 2022. As a result, affected individuals and businesses will have until Nov. 15, 2022, to file returns and pay any taxes that were originally due during this period.

The IRS disaster relief page has details on other returns, payments and tax-related actions qualifying for the additional time.

In addition, the IRS will work with any taxpayer who lives outside the disaster area but whose records necessary to meet a deadline occurring during the postponement period are located in the affected area.

The tax relief is part of a coordinated federal response to the damage caused by these storms and is based on local damage assessments by FEMA.

For information on disaster recovery, visit disasterassistance.gov.

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