RALEIGH, N.C. — The IRS is offering tax relief for those affected by Debby, which caused severe storms, flooding, and tornadoes.
Following FEMA’s disaster declaration, residents and businesses in central North Carolina counties are eligible for extended tax-filing and payment deadlines.
The eligible counties in central North Carolina are:
Chatham, Cumberland, Durham, Edgecombe, Franklin, Granville, Halifax, Harnett, Hoke, Johnston, Lee, Moore, Nash, Northampton, Orange, Person, Sampson, Vance, Wake, Warren, Wayne, Wilson, and Yadkin.
Affected taxpayers in these counties now have until February 3, 2025, to file their federal individual and business tax returns and make payments. They can also claim disaster-related casualty losses on their 2023 tax returns, noting FEMA disaster declaration number 3608-EM.
For those with an extension to file their 2023 tax return, the new deadline is October 15, 2024. This applies to individuals and businesses, including partnerships and S corporations with tax extensions.
The February 3, 2025 deadline also applies to any payments due during this period, including quarterly estimated tax payments due on September 16, 2024, and January 15, 2025, as well as quarterly payroll and excise tax returns due on October 31, 2024, and January 31, 2025.
Penalties for payroll and excise tax deposits due between August 5 and August 19 will be waived if the deposits are made by August 19.