Source: IRS Tax Tips
IRS.gov has information disaster victims may need as they recover, including information about disaster-related tax relief and extensions to file and pay.
IRS.gov resources
These IRS.gov webpages have tax-related disaster relief information:
- IRS News from Around the Nation: News about disaster relief and tax provisions that affect certain states.
- Tax Relief in Disaster Situations: Links to resources that walk people through information that will help them after a disaster. It also links to local news releases and frequently asked questions.
- Frequently Asked Questions for Disaster Victims: Answers to questions that people affected by disaster may have. Each page highlights a specific topic.
- Reconstructing Records after a Natural Disaster or Casualty Loss: Help for people who need to reconstruct their financial records after a disaster. This information may be essential for properly documenting a tax-deductible loss, supporting various tax-related transactions or getting federal assistance or insurance reimbursement.
Publications
These IRS publications can also help taxpayers:
- Publication 3067, IRS Disaster Assistance – Federally Declared Disaster provides information to individuals and businesses affected by a federally declared disaster. It also covers the assistance available to disaster victims.
- Publication 584, Casualty, Disaster and Theft Loss Workbook helps individual taxpayers figure their loss on personal-use property in the event of a disaster, casualty or theft.
- Publication 584-B, Business Casualty, Disaster, and Theft Loss Workbook helps businesses figure their loss on income-producing and business property in the event of a disaster, casualty or theft.
- Publication 547, Casualties, Disasters, and Thefts explains the tax treatment of casualties, thefts and losses on deposits.
Leave a Reply