IRS extends filing and payment deadlines for Mississippi storm victims to July 31

Taxpayers who were affected by the severe storms and straight-line winds that occurred on March 24 and 25, 2023 have received much-welcome relieve from the IRS in the form of additional time to file their returns and pay their taxes. 

The IRS has announced taxpayers who live or have a business in Carroll, Humphreys, Monroe, and Sharkey counties in Mississippi have until July 31, 2023, to file various federal individual and business tax returns and make tax payments.

What types of tax relief have MS storm victims been granted? 

The tax relief is of multiple types, listed below. 

Postponement of various tax filing and payment deadlines that occurred starting on March 24, 2023, including 2022 individual income tax returns and various business returns due on April 18. 

Providing additional time to make 2022 contributions to IRAs and health savings accounts. 

Providing additional time to make tax payments, including:

• Quarterly estimated tax payments. 
• Quarterly payroll and excise tax payments.    

Abatement of certain penalties on payroll and excise tax deposits due on or after March 24 and before April 10, 2023. 

What should taxpayers who need more time do?

Taxpayers who need more time to file beyond the July 31 deadline can request an extension electronically or on paper. 

Taxpayers who are not located in the disaster area but whose records are necessary to meet a deadline occurring during the postponement period are located in the affected area can contact the IRS for assistance. 

How taxpayers can claim uninsured and unreimbursed losses

Taxpayers who suffered uninsured or unreimbursed disaster-related losses can claim them on either the return for the year the loss occurred or the return for the prior year. 

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