Written by: Karen Reed, EA
The IRS has granted a three month tax filing and payment extension to taxpayers affected by the Boston Marathon explosions that occurred on Tax Day. All individuals who live in Suffolk County, MA, which includes the city of Boston, are eligible for this extension. Victims and their families as well as first responders and others who were adversely affected are also eligible.
Under the relief, eligible taxpayers have until July 15th, 2013, to file their 2012 income tax returns and pay any taxes that would have been due on April 15th. Penalties and interest will not be assessed on payments made by July 15th.
Suffolk County residents have received an automatic extension. Eligible taxpayers living outside the county must call the IRS at 866-562-5227 to claim the relief.
An additional extension is available for those who need more time. Form 4868 may be filed by July 15, 2013, to extend the individual tax filing due date to October 15th.
If you have questions about this extension, consider becoming a TaxAudit.com Member and using our professionally staffed TaxHotline Service. Our TaxHotline professionals will answer your tax questions in a prompt, accurate, and confidential manner.
This information is being provided to the taxpayer as required by the Internal Revenue Service and follows the guidelines for best practices for tax advisors per Circular 230 §10.33(a)(1-4), and §10.35(b)(2),(8), and (10). This written statement may be considered to be a “covered opinion” as defined by the Internal Revenue Service. This statement(s), along with subsequent correspondence, is not intended or written to be used, and cannot be used by the taxpayer, for the purpose of avoiding lawful penalties that may be imposed on the taxpayer by the Internal Revenue Service. The principal purpose of any stated tax advice included here has as its purpose to claim tax benefits in a manner consistent with the statutes and Congressional intent.