WSFA 12 News Montgomery, AL |IRS extends tax deadlines for those in hurricane's path
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WASHINGTON (AP)_The Internal Revenue Service has extended tax deadlines for individuals and businesses affected by Hurricane Katrina.
The extension gives taxpayers until October 31st to file tax returns and submit tax payments. The extension includes the September 15th deadline for estimated taxes. The Internal Revenue Service will NOT charge interest or late penalties that would otherwise apply. Taxpayers in effected areas should write "Hurricane Katrina" in red ink on forms filed with the IRS. Individuals can deduct some hurricane losses not covered by insurance by filing amended 2004 tax returns or by claiming this year's losses when filing tax returns next spring. Copyright 2005 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.Comments Terms of Use: We welcome your participation in our community. Please keep your comments civil and on point. Notify us of any inappropriate comments by clicking the “Mark as Offensive” link. You must be at least 13 years of age to post comments. By submitting a comment, you agree to these
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