3/2/2024 0 Comments Turbotax help numbers![]() No matter which way you file, we guarantee 100% accuracy and your maximum refund. Or, get unlimited help and advice from tax experts while you do your taxes with TurboTax Live Assisted.Īnd if you want to file your own taxes, you can still feel confident you'll do them right with TurboTax as we guide you step by step. With TurboTax Live Full Service, a local expert matched to your unique situation will do your taxes for you start to finish. ![]() This should result in the penalty being abated, assuming you qualify. If this happens, call the phone number on the notice and inform them you live in or your principal place of business is in a disaster relief parish under FEMA declaration number 4559 for Hurricane Laura. That said, it's possible an IRS error may result in a late filing or late payment penalty notice. If you or your business's records are located within the impacted area, you can call the IRS to work with them.Certain taxpayers may qualify for relief even if they don't live in the disaster area.The relief is automatically applied and there's no deadline for requesting it. This includes both individuals and businesses if the principal place of business is listed in these areas. You don't need to apply for this relief if your address of record with the IRS is in one of the qualifying parishes. If FEMA adds more areas to the disaster area, taxpayers in the additional areas will qualify for the same relief. In particular, the IRS is providing tax relief to areas that qualify for individual assistance as designated by FEMA due to the challenging circumstances these taxpayers face.Ĭurrently, these areas include the following parishes in Louisiana: If you've already filed your 2019 tax return and would like to claim the loss on that return, you can file an amended return, Form 1040-X. your 2019 tax return, originally due July 15, 2020.your 2020 tax return, filed in early 2021, or.The tax relief allows you to claim these losses on: You'll need to include the Federal Emergency Management Agency (FEMA) declaration number "FEMA 4559" and have "Louisiana - Hurricane Laura" printed in bold letters at the top of the form when completing Form 4684.You can file Form 4684, Casualties and Thefts to claim any eligible tax break, which TurboTax can help you determine if you're eligible. If you have unreimbursed disaster-related losses, you may be able to get a tax break. Any deposits due after August 22, 2020, but before September 8, 2020, will not incur penalties as long as the deposits are paid by September 8, 2020.Ī tax break for certain disaster-related losses Payroll and excise tax deposits follow different rules.Quarterly estimated tax payments due during the time period are extended - including the third-quarter estimated tax payment due September 15, 2020.This is because the original payment deadline of Jfell before the Hurricane Laura disaster period. Returns that were originally due on Jand extended to October 15, 2020, do not get an extension of time to pay. Employment and certain excise tax returns.Annual information returns of tax-exempt organizations.Estate, gift and generation-skipping transfer tax returns.The IRS extended most tax returns, including the following types of returns, if they're due or had a valid extension making them due during the above time frame: Most tax returns or tax payment deadlines that initially fell during this period are now due December 31, 2020. Relief for taxpayers affected by Hurricane Laura began on August 22, 2020, and runs through December 31, 2020. The relief provided and applicable timelines Providing disaster relief gives these taxpayers time to put their lives back together and get to a position to accurately fulfill their tax responsibilities. Many homes and businesses could be severely damaged or destroyed, including important tax records within those structures. ![]() In the aftermath of a hurricane, such as Laura, power outages can persist for weeks or months. The IRS provides relief for taxpayers during disasters for many reasons.
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