NYS Announces Tax Deadline Extension for Flooding Victims

By:
Chris Gaetano
Published Date:
Sep 16, 2021
iStock-450743923 New York Money

The New York State Department of Taxation and Finance, following the lead of the federal government and New Jersey, has  declared tax deadline extensions for those who have been adversely affected by the flooding during the week of Sept. 2, 2021.

Tax filing and payment deadlines occurring between Sept. 15, 2021, and Oct. 2, 2021, have been extended to Dec. 14, 2021, for the following:

  • * filing any returns, including those for personal income tax, corporate taxes, sales tax and any other taxes administered by the Tax Department;
  • * paying any tax or installment of tax, including installment payments of estimated taxes;
  • * filing any requests for extensions or additional extensions of time to file;
  • * filing for a credit or refund.

 
Returns filed or tax payments made by those directly affected by the storm will not be subject to any late filing, late payment, or underpayment penalties or interest if received by Dec. 14, 2021.  (Some exceptions apply: see Announcement Regarding Relief from Certain Filing and Payment Deadlines due to Post-Tropical Depression Ida for more information.)
 
In addition, the Tax Department postponed for 90 days certain other deadlines occurring between Sept. 2, 2021, and Oct. 2, 2021. For a complete list, and more information, please see Announcement Regarding Relief from Certain Filing and Payment Deadlines due to Post-Tropical Depression Ida.

In addition, the New York City Department of Finance announced that qualified taxpayers whose returns are due on or after Sept. 15, 2021, and on or before Oct. 2, 2021, and who cannot meet that deadline due to Hurricane Ida, may file and pay any tax due on or before Dec. 14, 2021. The waiver or abatement of penalties applies to  business corporation tax, general corporation tax, unincorporated business tax and banking corporation tax; commercial rent tax and hotel room occupancy tax; real property transfer tax: and utility tax.

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