Additional Federal Postponement for Hurricane Ida

As discussed in our posts on November 18, 2021, October 12, 2021, September 21, 2021 and September 16, 2021, certain taxpayers who were affected by the remnants of Hurricane Ida were given more time (until January 3, 2022) to file their 2020 extended income tax returns.

The IRS has announced an additional postponement of this due date for affected taxpayers to file federal returns.  The new due date is February 15, 2022.

Since the IRS shut down the e-file system on November 20, 2021 in order to prepare for the new filing season, affected taxpayers filing their 2020 tax returns after November 20, 2021 had to file them on paper, and this can result in significant delays in processing, due to the IRS backlog of processing paper returns.  The e-file system is expected to reopen in mid- to late-January 2022, so the additional postponement will allow affected taxpayers who have not yet filed their returns to e-file their 2020 federal returns.

However, New York State has not yet announced whether it will conform to the additional federal deferral, so January 3, 2022 remains the due date for New York returns for affected taxpayers unless New York announces otherwise.

If you have not already enrolled or taken our seminar, it’s time to enroll for our upcoming seminars in January, so you’ll be fully prepared!  Register here.