Residents affected by the severe storms and tornadoes that began on December 9, 2023, in Davidson, are eligible for an extended federal tax return deadline of June 17, 2024. This tax relief is part of the IRS’ initiative to assist individuals and businesses impacted by natural disasters.
The extension allows affected taxpayers more time to file their federal tax returns and make tax payments. Let’s understand the tax deadline extension in Davidson, including who qualifies for the extension, key dates to remember, and how to file for an additional extension if needed.
Does Davidson get a tax extension?
Yes, Davidson is one of the counties in Tennessee that qualifies for a tax deadline extension due to the severe storms and tornadoes in December 2023.
The Department of Revenue has extended the franchise and excise tax filing and payment deadlines to June 17, 2024, for businesses impacted by the storms in Davidson County.
Davidson Tax Deadline Extension 2024
The tax deadline extension in Davidson County, Tennessee, relieves businesses and homeowners affected by the severe weather. This extension automatically applies to businesses in the designated disaster area, including Davidson County and other counties that may be later designated as disaster areas.
Additionally, residents impacted by the storms may be eligible for sales tax refunds on home appliances, furniture, and building supplies.
Also explore about: Dickson Tax Deadline Extension
Key Dates to Remember
- Original Due Date: April 15, 2024
- Extended Due Date: June 17, 2024
Who Qualifies for the Extension
The tax deadline extension applies to all Davidson County residents and businesses impacted by the December 2023 storms and tornadoes. This includes those who experienced property damage, loss of income, or other hardships due to the severe weather.
Even if you weren’t directly affected by the storms, you can still file for an extension if you live or work in Davidson County. However, you must have a valid reason for needing the extension.
What the Extension Covers
The tax relief postpones various tax filing and payment deadlines from December 9, 2023, through June 17, 2024. Here are some specific areas covered by the extension:
- Individual income tax returns and payments
- Contributions to IRAs and health savings accounts
- Quarterly estimated income tax payments
- Quarterly payroll and excise tax returns
- Partnership and S corporation returns
- Corporation and fiduciary returns
- Tax-exempt organization returns
- Business tax returns and payments for different entities
How to File for an Additional Extension if Needed
If an affected taxpayer needs an additional tax-filing extension beyond June 17, 2024, for their 2023 federal income tax return, they can request it electronically by April 15.
However, if a request is made between April 15 and June 17, it can only be submitted on paper. The taxpayer will then have until October 15, 2024, to file, though payments are still due on June 17.
- Taxpayers must request an extension on paper between April 15 and June 17, 2024.
- Taxpayers must file until October 15, 2024, with payments still due on June 17.
- Visit the IRS official website for detailed information on filing for an additional extension.
Also know about : Gibson Tax Deadline Extension
How to File Taxes in Davidson
To file taxes in Davidson, follow these steps:
Step 1: Gather Your Documents:
Collect all relevant tax documents, including W-2s, 1099s, and any other income-related forms.
Step 2: Choose a Filing Method:
Decide how you want to file your taxes, such as by e-filing through tax software or the IRS website, Mailing a paper return, or choosing a tax professional or accountant.
Step 3: Complete Your Return:
Complete your return using tax software or a tax professional. Ensure you provide accurate information, such as name and income, among others.
Step 4: Review and Sign Your Return:
Review your return carefully to ensure accuracy. Sign and date the return to confirm you’re the filer.
Step 5: E-file and Choose a Payment Method:
If you owe taxes, you can e-file your return and choose a payment method. For your refund, you can choose direct deposit or a paper check.
Step 6: Keep Copies of Your Return:
Save a copy of your filed tax return and all supporting documents for your records. These records will be helpful in case of future inquiries or audits.
People Also Read – Weakley County Tax Deadline Extension
Conclusion
The tax deadline extension in Dickson, Tennessee, offers much-needed relief to individuals and businesses affected by the severe storms and tornadoes. It provides an opportunity for eligible taxpayers to manage their tax obligations effectively despite challenging circumstances.
This extension allows more time to prepare and file federal tax returns, ensuring that affected individuals and businesses can navigate the tax process more flexibly and efficiently. For more information on tax-filing extensions and online tax-filing features, individuals can explore user-friendly platforms like Beem, which offer simplified tax-filing solutions and assistance.
