Disaster resources to help taxpayers weather summer storms
IRS Tax Tip 2022-75, May 16, 2022
The arrival of summer also means the start of hurricane season. One way taxpayers can prepare for any type of natural disaster is by knowing what to do about important documents and paperwork that might be lost after a disaster.
It’s also good for taxpayers to know how to find out if the IRS is providing filing extensions or other tax relief due to the impact of a federally declared disaster. Below are links taxpayers can use to find IRS tax related disaster relief:
Reconstructing records after a natural disaster or casualty loss
This IRS.gov page helps people who are facing the challenge of reconstructing their financial records after a disaster. This may be essential for properly documenting a tax-deductible loss, supporting various tax-related transactions or getting federal assistance, or insurance reimbursement.
Tax relief in disaster situations
This page features links to resources that walk taxpayers through information that will help them after a disaster. This page also links to local news releases and frequently asked questions.
Around the Nation
This page highlights news specific to local areas. This includes disaster relief and tax provisions that affect certain states.
FAQs for disaster victims
From this page, users can link out to several different pages with FAQs, each about a specific topic to help people after a disaster.
Publication 3067, IRS Disaster Assistance Federally Declared Disaster Area
This publication provides information to individuals and businesses affected by a federally-declared disaster. It also covers the assistance available to disaster victims.
Publication 584, Casualty, Disaster, and Theft Loss Workbook
This workbook helps individual taxpayers figure their loss on personal-use property in the event of a disaster, casualty or theft.
Publication 584-B, Business Casualty, Disaster, and Theft Loss Workbook
This workbook helps businesses figure their loss on business and income-producing property in the event of a disaster, casualty or theft.
Publication 547, Casualties, Disasters and Thefts
This publication explains the tax treatment of casualties, thefts, and losses on deposits.