The Internal Revenue Service has extended the deadline to file various individual and business tax returns and make tax payments for victims of the recent winter storm in Texas.
The tax relief postpones various tax filing and payment deadlines that occurred starting on February 11. As a result, affected individuals and businesses will have time until June 15, 2021, to file returns and pay any taxes that were originally due during this period. This includes 2020 individual and business returns normally due on April 15, as well as various 2020 business returns due on March 15. Affected taxpayers will have until June 15 to make 2020 IRA contributions.
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