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IRS Provides Tax Relief for Hurricane Fiona Victims in Puerto Rico

Keys:

  • 78 Puerto Rican municipalities now have until Feb. 15, 2023, to file various federal individual and business tax returns and make tax payments.
  • Penalties on payroll and excise tax deposits due after Sept. 17, 2022 and before Oct. 3, 2022, will be abated as long as the deposits are made by Oct. 3, 2022

If you live or work on the island of Puerto Rico in any of the 78 municipalities designated as a disaster area due to Hurricane Fiona by FEMA, you are automatically eligible for tax filing and, in some cases, payment postponement until Feb. 15, 2023. To qualify, your original or extended deadline must occur on or after Sept. 17, 2022.

The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area. However, if an affected taxpayer receives a late filing or late payment penalty notice from the IRS for a return or payment that has an original or extended due date between September 17, 2022, and February 15, 2023.

Individuals and businesses in a federally declared disaster area who suffered uninsured or unreimbursed disaster-related losses can choose to claim those losses on either their 2022 return or their 2021 return.

In addition, the IRS will work with any taxpayer who lives outside the disaster area but whose records necessary to meet a deadline occurring during the postponement period are in the affected area. This also includes workers aiding the relief activities who are associated with a recognized administration or beneficent association.

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