WASHINGTON — The Internal Revenue Service announced tax relief for individuals and businesses affected by the Feb. 2025 severe storms that brought flooding, landslides and straight-line winds to Kentucky, claiming 22 lives.

Taxpayers have until Nov. 3 to file various individual and business tax returns and make tax payments, the IRS said. 

Following the Federal Emergency Management Agency’s disaster declaration, individuals and households that reside or have a business in the entire state qualify for tax relief. The declaration also permits the IRS to postpone certain tax-filing and payment deadlines to taxpayers who reside or have a business in the disaster area.

The IRS said the Nov. 3 deadline applies to individual income tax returns and payments normally due on April 15. This deadline also applies to 2024 contributions to IRAs and health savings accounts for eligible taxpayers.

This relief also applies to estimated tax payments due on April 15, June 16 and Sept. 15, the IRS added. Penalties on payroll and excise tax deposits due on or after Feb. 14 and before March 3 will be abated as long as the tax deposits are made by March 3.

Affected taxpayers who receive a late filing or late penalty notice from the IRS that has an original filing, payment or deposit due date that falls within the postponement period should call the telephone number on the notice so the IRS can abate the penalty.

The IRS added it automatically identifies taxpayers in the covered disaster area and applies filing and payment relief. Affected taxpayers who live or have a business outside the covered disaster area should call the IRS Special Services toll-free number at 866-562-5227 to request this tax relief.