The Internal Revenue Service (IRS) has recently announced tax relief for individuals and businesses in parts of Washington state affected by wildfires that began on August 18, 2023. The relief allows taxpayers in Spokane County and Whitman County to file various federal individual and business tax returns and make tax payments123 until June 17, 2024.
So, let’s explore more about the Spokane County Tax Deadline Extension and will also provide information about some key dates, who qualifies for this tax extension, what the tax filing extension covers, and how to file the tax.
Does Spokane County get a tax extension?
Yes, Spokane County has been granted a tax extension due to the wildfires that occurred in the area. The tax relief provided by the IRS allows affected individuals and businesses in the disaster area until June 17, 2024, to file various federal individual and business tax returns and make tax payments.
Spokane County Tax Deadline Extension 2024
The tax deadline for Spokane County has been extended to June 17, 2024, for various federal individual and business tax returns and tax payments due to the impact of wildfires in the area. The Internal Revenue Service (IRS) announced tax relief for individuals and businesses in Spokane County affected by the wildfires. This means residents have until June 17, 2024, to file various federal tax returns and make tax payments originally due on April 18, 2023.
Key Dates to Remember
- April 15, 2024: This is the original deadline to file 2023 individual or business income tax returns in Spokane.
- June 17, 2024: This extended deadline for the taxpayers of Spokane.
Who Qualifies for the Extension
The tax relief is available to individuals and households that reside or have a business in the affected areas, including Spokane County. Any other Washington state localities added later to the disaster area also qualify for the tax relief. The IRS relies on designations made by the Federal Emergency Management Agency (FEMA) to determine eligible locations. Since Spokane County is included in the FEMA disaster declaration, its residents qualify for the tax deadline extension.
What the Extension Covers
The extension applies to various federal tax filing and payment deadlines. Here’s a breakdown of what’s covered:
- It includes Form 1040, the standard individual income tax return, and other related forms.
- Certain business tax returns are also covered, but consulting with a tax professional for specific details is important.
- Payments associated with the extended tax returns are also due by June 17, 2024.
- Quarterly estimated tax payments originally due on September 15, 2023, January 16, 2024, and April 15, 2024, are also extended to June 17, 2024.
- The deadline to contribute to Individual Retirement Accounts (IRAs) and Health Savings Accounts (HSAs) for tax year 2023 is also extended to June 17, 2024.
How to File for an Additional Extension if Needed?
The June 17th deadline provides significant relief to Spokane County taxpayers. But what if you still need more time to file your taxes? The IRS allows taxpayers to electronically file Form 4868, Application for Automatic Extension of Time to File U.S. Individual Income Tax Return, for an additional extension beyond June 17th. However, filing this form only grants an extension to file, not to pay. You may still owe interest and penalties on any unpaid taxes.
How to File Taxes in Spokane County?
Spokane County taxpayers can take advantage of the extended tax deadline by ensuring they meet the required criteria for tax relief.
- Gather Documents: Collect all necessary documents, such as W-2 forms, 1099s, and receipts for deductions. Ensure you have the correct tax forms, including Form 1040 for individual returns and Form 1065 for partnerships.
- Choose Filing Method: Decide whether to file online or by mail. Online filing is often faster and more convenient.
- Fill Out Forms: Carefully complete each section of the forms and double-check for accuracy.
- Claim Deductions and Credits: Take advantage of any deductions or credits you qualify for to minimize your tax liability.
- Review and Sign: Review your forms thoroughly to catch any errors, then sign and date them.
- Submit Forms: If filing by mail, send your forms to the appropriate IRS address. If filing online, follow the instructions provided by your chosen filing service.
- Keep Copies for Records: Retain copies of all filed documents for your records and future reference.
Conclusion
The tax extension provided by the IRS offers much-needed relief to individuals and businesses affected by the wildfires in Spokane County and other designated areas. With the extended deadline, taxpayers have more time to fulfill their tax obligations and seek additional extensions if necessary. Despite extended filing deadlines due to natural disasters, Beem ensures you file your taxes affordably while maximizing your refund. Try Beem’s Free Tax Calculator for an instant and precise federal and state tax refund estimate.
