Filing Extensions Available To Louisiana Taxpayers Affected By Flooding

A one-month filing and payment extension for Louisiana state taxes is available to Louisiana taxpayers affected by recent severe storms and flooding.

The extension applies to Louisiana tax returns and payments due August 15, 2016. The extended deadline is September 15, 2016.

For returns and payments submitted by the extended deadline, the Louisiana Department of Revenue will waive any late filing penalties, late payment penalties and interest that would otherwise apply.

Additionally, the IRS said that affected taxpayers in East Baton Rouge, Livingston, St. Helena and Tangipahoa parishes in Louisiana would receive this and other special tax relief. Other locations in Louisiana and other states may be added in coming days, based on damage assessments by Federal Emergency Management Agency (FEMA).

The tax relief applies to deadlines beginning on August 11, 2016. As a result, affected individuals and businesses will have until January 17, 2017, to file returns and pay any taxes that were originally due during this period, including:

• September 15 deadline for making quarterly estimated tax payments;
• October 17 deadline for 2015 income tax returns on extension (related payments, however, are not eligible for relief);
• September 15 deadline for corporation and partnership returns on extension; and
• October 31 deadline for quarterly payroll and excise tax returns.