What You Need to Know
- Storm victims in Texas now have until June 15 to file various individual and business tax returns.
- They also have until June 15 to make IRA contributions for 2020.
- Taxpayers in all 254 Texas counties qualify for tax relief.
The Internal Revenue Service said Monday that winter storm victims in Texas now have until June 15 to file various individual and business tax returns and make tax payments.
Individuals and households affected by severe winter storms that reside or have a business in all 254 Texas counties qualify for tax relief.
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.
For instance, certain deadlines falling on or after Feb. 11—when the storm hit—and before June 15 are postponed through June 15, the IRS said.
“This includes various 2020 business tax returns due on March 15 and 2020 individual and business returns due on April 15.”