A man rides a bicycle on a flooded street in the New Jersey town of Bound Brook on September 2, 2021.
Tayfun Coskun | Anadolu Agency | Getty Images
Hurricane Ida victims in parts of New York and New Jersey can now have until January 3 to file federal personal and business income tax returns. The IRS is also providing relief in parts of Pennsylvania.
Eligible filers have the same extension for estimated quarterly tax payments, normally due Sept. 15, according to the IRS.
To be eligible, a person must live in an area designated for individual or public assistance by the Federal Emergency Management Agency. The tax break is similar to what’s available to residents of Louisiana and does not include 2020 payments or returns that were due on May 17.
In New York, taxpayers from the counties of the Bronx, Kings, New York, Queens, Richmond and Westchester may be eligible. Eligible New Jersey counties are Bergen, Gloucester, Hunterdon, Middlesex, Passaic and Somerset.
More from Personal Finance:
House Democrats propose to raise capital gains tax to 28.8%
If you want to travel cheaper, head to these affordable American cities
House Democrats propose to extend child tax credit to 2025
“During these difficult times, the IRS stands ready to help the victims of Hurricane Ida,” IRS Commissioner Chuck Rettig said in a statement. “We want those affected by this devastating hurricane to focus on their safety and recovery for themselves and their families.”
Many taxpayers will automatically receive relief from returns and penalties, provided they have a registered address in a disaster area. However, those who receive a late payment notice can call the number provided to waive the charge.
Victims can find full IRS details for disaster assistance and emergency relief here.
The New Jersey Taxation Division offers state income tax relief. However, the extension is not automatic. The New York Department of Taxation and Finance has not announced any state income tax relief.