The IRS extends the tax exemption for Ida victims in New York, New Jersey

A man rides a bicycle on the flooded road in the city of Bound Brook in New Jersey on September 2, 2021.

Tayfun Coskun | Anadolu Agency | Getty Images

Victims of Hurricane Ida in parts of New York and New Jersey may now have until Jan. 3 to file federal and corporate tax returns. The IRS also provides relief in parts of Pennsylvania.

Eligible filings have the same extension for estimated quarterly tax payments, typically due Sept. 15, according to the IRS.

To qualify, someone must live in an area designated for individual or public assistance by the Federal Emergency Management Agency. The tax relief is similar to what it is available for Residents of Louisiana and does not include 2020 payments or returns that were due on May 17th.

In New York, taxpayers in the Bronx, Kings, Nassau, New York, Queens, Richmond, Suffolk, Sullivan and Westchester can qualify. Eligible counties in New Jersey are Bergen, Essex, Gloucester, Hudson, Hunterdon, Mercer, Middlesex, Morris, Passaic, Somerset and Union.

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“During this difficult time, the IRS is ready to help the victims of Hurricane Ida,” said IRS Commissioner Chuck Rettig. in a statement. “We want people affected by this devastating hurricane to focus on their safety and recovery for themselves and their families.”

Many taxpayers will automatically receive a filing and penalty grant, as long as they have a registration address in a disaster area. However, those who receive a late payment notice can call the number provided to waive the fee.

Victims can find the full details of the IRS for disaster assistance and emergency relief here.

The New Jersey Tax Division is offers relief for state taxes on income. However, the extension is not automatic. The New York Department of Taxation and Finance has not announced a relief for the state income tax.

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