![Vermont flooding victims are eligible for tax relief [Photo: VTDigger]](https://omdnews.com/wp-content/uploads/2023/07/Vermont-2.jpg)
IRS declare extension of Vermont tax deadline for flood victims to give them a little bit of breathing room. The affected taxpayers have until November 15, 2023.
![The IRS declare extension of Vermont tax due to flooding [Photo: Seven Days]](https://omdnewsnew.s3-accelerate.amazonaws.com/2023/07/Vermont-1.jpg)
The IRS declare extension of Vermont tax due to flooding [Photo: Seven Days]
Catastrophic Rain Storms Hit Vermont
Catastrophic rain storms hit Vermont resulting in widespread flooding. According to the report, thousands of homes and businesses were destroyed by the floods. The IRS declare extension of Vermont tax for any households and businesses affected by the flood. The flood victims can also claim disaster-related casualty losses on their federal income tax return.
According to the published report of Connor Decker, the flood victims in Vermont were given extra time to file various individual and business tax returns and make tax payments until November 15, 2023, Internal Revenue Service announced. Any individuals, households, or businesses affected by flood in Vermont is qualify for tax relief.
The tax relief will be automatically applied to flood victims anywhere in Vermont. The Internal Revenue Service (IRS) automatically identifies these taxpayers located in the covered disaster area. However, those affected flood victims receive a late filing or late payment penalty notice from the Internal Revenue Service. The details are available on the disaster relief page on IRS.gov.
