Tax Relief for Utah Earthquake Victims

06 Aug 2020 Tax Relief for Utah Earthquake Victims

The IRS announced residents of Utah will qualify for tax relief due to the earthquakes and aftershocks that took place on or after 3/18/2020. This relief will automatically be applied to Davis and Salt Lake county taxpayers. Residents outside of these counties will need to contact the IRS to have the provisions applied.

The following is a list of some of the relief provisions and other important information:

• Due dates for individual, business, and many other types of tax returns have been moved to 7/31/2020. Estimated tax payments for 2nd Quarter have also been moved to 7/31/2020.
• Penalties on payroll excise deposits due on or after 3/18/2020 and before 4/2/2020 can be abated if the deposit was made no later than 4/2/2020.
• If taxpayers receive notices, they should contact the number on the letter and request that the disaster be taken into consideration to possibly have penalties removed.
• Davis and Salt Lake county residents should have the tax relief automatically applied. If the taxpayer lived in Utah but outside these counties, they can call 866-562-5227 to request tax relief be applied to them.
• For personal property losses that are not covered by insurance, taxpayers will be allowed disaster-related casualty losses on their federal income tax return either in the year the event occurred or the prior year.
• Fees will be waived for the request of previously filed tax returns by writing “Utah Earthquake” in bold at the top of the form 4506.
• Affected taxpayers contacted by the IRS on a collection or examination matter should explain how the disaster has affected them so that the IRS can provide appropriate consideration in their case.
• Learn more.

If you have questions about how disaster relief may affect your tax situation please contact us.

For information on more disaster tax relief provisions across the United States, visit the IRS Disaster Relief page.