Florida Tax Deadline Extended: Here’s What You Need to Know!

If you’re a Florida resident, you’ve just gotten a bit more time to file your taxes. Due to the recent impacts of Hurricanes Debby, Helene, and Milton, the IRS has extended the federal tax filing and payment deadline to May 1, 2025. This new deadline gives individuals and businesses affected by the hurricanes a much-needed extension.

Here’s everything you need to know about the new deadline and how it affects you.

Key Information:

• New Deadline: May 1, 2025

• What’s Affected:

  • 2024 individual and business tax returns originally due in March and April 2025

  • 2023 tax returns with valid extensions

  • Quarterly estimated tax payments that were due on January 15, 2025, and April 15, 2025

  • Payroll and excise tax returns due on October 31, 2024, January 31, 2025, and April 30, 2025

Who’s Eligible?

The extension applies to all Florida residents, including those in counties that weren’t initially eligible for relief under the previous hurricane declarations. The IRS is making sure that all Florida taxpayers—whether individuals or businesses—get the time they need to catch up on their taxes without penalty.

What About Casualty Losses?

Taxpayers who were affected by the hurricanes can claim uninsured or unreimbursed disaster-related losses on their tax returns. You can do this for either your 2023 or 2024 federal income tax return.

Why the Extension?

The extension aims to help Floridians who are still recovering from the widespread damage caused by the hurricanes. With so many businesses and individuals facing hardship, this extra time to file and pay taxes will provide relief as people get back on their feet.

What Should You Do Now?

Even with the extended deadline, it’s still a good idea to file your tax returns as soon as possible. By doing so, you can avoid any additional penalties or interest. If you need help, the IRS has a disaster relief hotline available at 866-562-5227 to answer any questions you may have.

For more detailed information, you can visit the IRS Disaster Relief page or reach out directly to a tax professional.