Maui & Hawaii Wildfires

Information for Taxpayers Affected by the August 2023 Maui & Hawaii Wildfires

UPDATE MAR 27, 2024:  IRS EXTENDS TAX RELIEF FOR THOSE AFFECTED BY WILDFIRES

The IRS has further postponed until Aug. 7, 2024, various tax-filing and tax-payment deadlines for individuals and businesses affected by the Aug. 8, 2023, wildfires in Hawaii.

Affected individuals, businesses and tax-­exempt organizations will now have until Aug. 7, 2024, to file their 2023 returns and pay any taxes due.  For individual filers, the new deadline applies to:

• Individual income tax returns and payments normally due on April 15, 2024;
• 2023 contributions to IRAs and health savings accounts for eligible taxpayers; and
• Quarterly estimated income tax payments normally due on Sept. 15, 2023, and Jan. 16, April 15 and June 17, 2024

The IRS news release said this tax relief is available to individuals and households that live in or have a business in Maui or Hawaii counties, as designated by the Federal Emergency Management Agency’s disaster declaration, fema.gov/disaster/4724.

“The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area. These taxpayers do not need to contact the agency to get this relief,” it said.

Read the entire news release here:  https://www.irs.gov/newsroom/irs-further-extends-tax-relief-for-hawaii-wildfire-victims-2023-returns-payments-other-deadlines-postponed-to-aug-7

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Tax-Aide volunteers do not have training on casualty losses or net operating losses that may result from a disaster, such as the August 2023 wildfires, so we will not be able to assist affected taxpayers.  However, we have summarized some key information and compiled links to federal and state web pages that may be helpful to affected taxpayers in this document:  Disaster Info – Hawaii v2.0