Extension for Missouri Flood Victims
The Missouri Department of Revenue is extending the tax deadline to May 16, 2016, for taxpayers in 33 Missouri counties that were declared presidential disaster areas due to the recent flooding.
On January 22, 2016, the Internal Revenue Service postponed certain deadlines for taxpayers who reside or have a business in a disaster area. Because Missouri’s tax returns are dependent upon federal returns, the Department of Revenue has determined that a corresponding extension of time to file certain Missouri tax returns and payments is necessary. For instance, certain Missouri deadlines falling on or after December 23, 2015 and before May 16, 2016 have been postponed to May 16, 2016. This includes 2015 Individual Income and Corporate Income tax returns normally due on April 18. It also includes the January 15 Individual Income quarterly estimated tax payment and April 18 deadlines for making quarterly estimated tax payments for Individual and Corporate Income. Sales/Use Tax, Employer Withholding, Corporate Income and a variety of business tax deadlines are affected, as well as the deadline for farmers and fishermen who choose to forgo making estimated tax payments.
Individuals who reside or have a business in Barry, Barton, Camden, Cape Girardeau, Cole, Crawford, Franklin, Gasconade, Greene, Hickory, Jasper, Jefferson, Laclede, Lawrence, Lincoln, Maries, McDonald, Morgan, Newton, Osage, Phelps, Polk, Pulaski, Scott, St. Charles, St. Francois, St. Louis, Ste. Genevieve, Stone, Taney, Texas, Webster, and Wright counties may qualify for tax relief.
Qualifying Missouri taxpayers, filing a paper return, need to indicate their eligibility for relief by including the phrase “Missouri Flooding” at the top of their tax forms so the Department may take appropriate action. Taxpayers are still encouraged to continue to file electronically as electronically filed returns have fewer errors than paper returns.
Taxpayers who file electronically may receive additional guidance and messaging from their software provider about the flood or disaster relief that is available. Indication of the eligibility for tax relief will be sent to the Department in the electronic submission of the return. However, any taxpayers who receive a notice from the Department that penalties and interest have been imposed because their return or payment was received after the due date should contact the Department at the telephone number, mailing address or email address provided on the notice and ask for the penalties and interest to be waived. Taxpayers can send a letter indicating they were a victim of the flooding or they can simply write “Missouri Flooding” at the top of their notice and return it to the Department. Providing the information electronically to the email address on the notice will expedite the Department’s review of your account.