Residents in Kentucky received a second tax deadline stretch.
As per state data, those who sought the initial tax extension have an extra month to complete their taxes.
The 1st due for the tax filing was October 15, 2022.
However, Kentucky has now extended the due date to November 15.
Why did the IRS stretched the tax deadline to November?
According to the IRS, if a state undergoes a natural disaster, the federal government assists or extends the deadlines.
The IRS gives assistance to all catastrophic event victims.
The IRS said that storm victims in Kentucky have now until November 15, 2022, to file individual and corporate tax payments.
"The IRS is providing help to any location recognized by FEMA.
Currently, Leslie, Letcher, Magoffin, Breathitt, Clay, Floyd, Johnson, Knott, Martin, Owsley, Perry, Pike...
...and Wolfe counties in Kentucky are eligible for tax relief, according to the Internal Revenue Service.
The IRS website lists all counties whose disaster assistance tax deadline will be extended.
Collect W-2s, 1099s, receipts, canceled checks, and other documentation to support tax returns.
Create a system to store all vital information, along with an electronic records system.
Taxpayers should wait to file until they receive all 2021 tax information to prevent a refund delay.
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