The tax relief application is extended until November 15 for eligible flooding victims in Vermont.
Tax Relief Application Extended for Flooding Victims in Vermont Until November 15
Following the nearing end of the tax relief application, the Internal Revenue Service (IRS) decided to extend the deadline of the tax relief application for flooding victims who were eligible for disaster relief until November 15 instead of the normal deadline of the tax relief application.
The extension of the tax relief application will reportedly apply to individuals or businesses in Vermont who failed to file their tax returns in 2022, wherein the filing of tax returns to be eligible for the tax relief application normally ends on July 31 and October 31, VTDigger reported.
With the extended tax relief application, eligible individuals and businesses who suffered from flooding will also expect state tax relief as the state officials are also working on creating the plan together with the announcement of the tax relief application extension.
Eligible Flooding Victims in Vermont Encouraged to Apply for the Extended Tax Relief Application
After the announcement of the extended tax relief application, individuals who live or have businesses within the affected area in Vermont during the flooding are encouraged to submit the tax relief application to be eligible, according to Forbes.
However, eligible individuals or households living outside the affected area where the flooding occurred could still contact the IRS to know whether they could receive the relief under the tax relief application as long as they filed their tax returns before the deadline for the tax relief application.