Income tax and FAFSA filing deadlines have been extended for Johnson County residents impacted by the March 31 tornado and severe storm outbreak.
The deadlines are being waived for storm-impacted residents of Johnson, Allen, Benton, Clinton, Grant, Howard, Lake, Monroe, Morgan, Owen, Sullivan and White counties because each community has been declared a disaster area due to storm damage from the fifth largest tornado outbreak in state history.
Taxes
Internal Revenue Service has moved back the tax filing deadline for individuals and businesses in affected areas to July 31. Taxpayers affected by the storms will also have until July 31 to make 2022 contributions to their IRAs and health savings accounts, according to an IRS news release.
The July 31 deadline applies to any payment typically due, including quarterly estimated tax payments, quarterly payroll and excise tax returns. Penalties on payroll and excise tax deposits due on or after March 13 and before Tuesday will be abated as long as tax deposits were made by Tuesday, the IRS says.
The IRS automatically identifies taxpayers located in the disaster area, but anyone who lives outside the covered disaster area and needs relief can call the IRS disaster hotline at 866-562-5227. Taxpayers can also visit IRS.gov/extensions to file for an extension.
FAFSA
Students in the disaster area have until May 15 to complete the 2023-24 Free Application for Federal Student Aid. State aid is now being awarded on a first-come, first-served basis, so students should still try to complete their FAFSA as soon as possible, according to a news release from the Indiana Commission for Higher Education.
Students can file FAFSA online at fafsa.gov. Live chat assistance is available at 1-800-4-FED-AID (1-800-433-3243). Families can also access free FAFSA help through INvestEd by emailing [email protected] or calling 317-715-9007.
