On Tuesday, the IRS announced that it was extending the April 15 deadline for 2012 federal income tax by three months to those individuals who were affected by the bombing of the Boston Marathon.
The extension applies to the following individuals:
- All individuals who live in Suffolk County, Massachusetts, which is the county where Boston is located.
- Those who live outside of Suffolk County who were directly impacted by the bombing, including victims, the families of victims, first responders, and others.
- Those who live outside of Suffolk County whose tax preparers were directly impact by the bombing.
“Our hearts go out to the people affected by this tragic event,” said IRS Acting Commissioner Steven T. Miller. “We want victims and others affected by this terrible tragedy to have the time they need to finish their individual tax returns.”
The deadline extension applies to both the filing and payment of federal income tax. The IRS will issue a formal notice of the extension through July 15. The IRS will waive the normal penalties associated with a tax return filed and paid after April 15 so long as the return and any payment due is rendered to the IRS by July 15, 2013.
However, the IRS will still charge interest on any payments made after April 15 at the current rate of 3 percent.
The IRS will automatically apply the extension to those whose addresses fall within Suffolk County. Those individuals do not need to take any action to receive the extension.
For those who live outside of Suffolk County and want to claim the extension, they can call the IRS at 1-866-562-5227 beginning on Tuesday, April 23. These individuals must call this number and inform the IRS of their desire to be included in the extension group before they file their taxes and submit payment.
In addition, for those eligible for the extension who receive a penalty notice from the IRS, they can likewise call the above number to have the penalty waived.
If taxpayers need additional time to file their tax return, they may still file Form 4868 to obtained the normal 6-month extension. The 6-month extension still counts from the original April 15 filing date, therefore ending on October 15 as normal.
Speaking with a Tax Attorney
You can still obtain assistance with the preparation of your 2012 federal income tax even if you qualify for the IRS’ 3-month extension related to the Boston Marathon bombing. While those who qualify should contact the IRS to obtain the extension, you should speak with a tax attorney if you have questions about or need assistance preparing and filing your tax return.
A tax attorney has the professional experience and training to answer your questions and ensure your return is filed properly. In addition, only a tax attorney can offer attorney-client privilege afforded by law to any of these clients.
Therefore, if you need help with your taxes, you should call the number located at the top of this web site today. The initial consultation is free of charge and does not obligate you to anything further, so you have every reason to make the call to get the help you need.
Mark has been a contributor to legal web sites related to bankruptcy, tax, and criminal law since 2011. He has an Accounting degree from Texas A&M University.