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17245: IRS - Disaster Relief for LA Storm Victims

Hurricane + Disaster Relief

IRS - Disaster Relief for Louisiana Storm Victims

The IRS announced that certain taxpayers affected by the February 2021 storms have extended deadlines. In Drake Tax, a disaster designation can be entered on the MISC screen (see Related Links below for details). For more information, see the full IRS news release

For the LA return, if additional time to file is needed, the LA DOR provides the following information: 

"If a taxpayer (individual, corporation, fiduciary, or partnership) requires additional time to file the 2020 income or 2021 franchise tax return beyond the June 15, 2021 date, an extension request may be submitted on the applicable extension form based on the tax type. The applicable extension form must be submitted by June 15, 2021. The extension period runs from June 16, 2021, to the general extension date of November 15, 2021, for individual, fiduciary, and partnership returns; and December 15, 2021, for corporation returns. However, interest and late payment penalties shall accrue beginning on June 16, 2021, on the outstanding balance of tax due."

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