Irs Disaster Relief 2024. After receiving complaints from affected taxpayers, the irs decided to send out updated notices (notice cp14cl) to clarify that taxpayers covered by disaster declarations do not have to pay before the postponed due date, august 15, 2023, or october 16, 2023. Tax relief is available for people living in areas declared disasters by the federal emergency management agency.
July 15 filing and payment deadline nears; The bill would allow affected taxpayers to deduct losses arising from federally declared disasters without itemizing deductions on their tax returns and would exclude from gross income some compensation received for losses from wildfires or the february 2023 train derailment in east palestine, ohio.