IRS announces tax relief for Hawaii wildfire victims

Affected individuals have until August 7, 2024, to file their 2023 tax returns and make 2023 IRA and HSA contributions.

The IRS issued IR-2024-82, which provides tax relief for certain qualifying Hawaii wildfire victims; various deadlines are postponed to August 7. The IRS postponed until August 7, 2024, various tax-filing and tax-payment deadlines for individuals and businesses affected by the August 8, 2023, wildfires in Hawaii. Affected individuals have until August 7, 2024, to file returns, make IRA & HSA contributions for 2023, and pay any taxes that were originally due during this period.

A contribution made between January 1 and August 7 of the current year must be irrevocably designated by the account owner as a contribution for the prior year.

The IRS is offering relief to Maui and Hawaii counties, the two areas designated by the Federal Emergency Management Agency (FEMA). It is the owner's responsibility to determine if they are eligible.  The current list of eligible localities is always available on the Tax relief in disaster situations page on IRS.gov.