Deadline Extensions for Combatants and Disaster Areas

IRS spokesman Eric Smith reminds us that deadline extensions provided to disaster-area taxpayers and those serving in Iraq, Afghanistan and other combat-zone localities also give those affected more time to put money into an IRA.

[note: You will find the links in the Resource Box below]

Filing and payment extensions, granted by the IRS in connection with a presidential disaster declaration, also extend the deadline for contributing to an IRA. This includes areas affected by recent floods, storms and tornadoes.

  • Thus, people have until May 6 in parts of Illinois
    (http://www.irs.gov/newsroom/article/0,,id=180003,00.html),

  • May 19 in parts of Georgia

    (http://www.irs.gov/newsroom/article/0,,id=180802,00.html)

  • and Missouri
    (http://www.irs.gov/newsroom/article/0,,id=180958,00.html)

  • and May 27 in parts of Arkansas
    (http://www.irs.gov/newsroom/article/0,,id=180991,00.html).

    In addition, because members of the military and support personnel generally have a deadline extension until 180 days after they leave the combat zone, they also have an extension of their IRA contribution deadline. See the questions and answers, particularly #26, on extensions of deadline at

    http://www.irs.gov/newsroom/article/0,,id=101265,00.html .

    Beyond that, under the special HERO Act provision, the time window is still open for members of the military who received tax-free combat pay in 2004 or 2005 and wish to make IRA contributions for those years. The deadline for making these special back-year contributions is May 28, 2009. See Q/A 34 and 35 at
    http://www.irs.gov/newsroom/article/0,,id=101266,00.html .

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    • www.irs.gov :: The REAL IRS Website

    • IRS Newsroom :: Illinois Storm, Flood Victims May Qualify for IRS Disaster Relief

    • IRS Newsroom :: Georgia Storm, Flood Victims May Qualify for IRS Disaster Relief
    • IRS Newsroom :: Missouri Storm, Flood Victims May Qualify for IRS Disaster Relief
    • IRS Newsroom :: Arkansas Storm, Flood Victims May Qualify for IRS Disaster Relief

    • IRS Newsroom :: Extension of Deadlines – Combat Zone Service

    • IRS Newsroom :: Miscellaneous Provisions – Combat Zone Service
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