1911tex
Sustaining Member
"Victims of Okla. and Texas storms have until June 15 to file federal returns
and pay federal taxes. This includes the 2020 Forms 1040 and 1120 normally due on April 15, the 2020 Forms 1065 and 1120S due on March 15, estimated payments for the first quarter of 2021, and quarterly payroll tax returns. Individuals in the affected area have until June 15 to make IRA contributions for 2020.
Affected taxpayers can claim storm losses on their 2020 Form 1040
or their return for 2021. The law lets taxpayers in federally declared disaster areas, who suffered losses not reimbursed by insurance, claim those losses on the return for the year in which the loss occurred or the return for the prior year."
and pay federal taxes. This includes the 2020 Forms 1040 and 1120 normally due on April 15, the 2020 Forms 1065 and 1120S due on March 15, estimated payments for the first quarter of 2021, and quarterly payroll tax returns. Individuals in the affected area have until June 15 to make IRA contributions for 2020.
Affected taxpayers can claim storm losses on their 2020 Form 1040
or their return for 2021. The law lets taxpayers in federally declared disaster areas, who suffered losses not reimbursed by insurance, claim those losses on the return for the year in which the loss occurred or the return for the prior year."