Affected individuals have until June 17, 2024, to file their 2023 tax returns and make 2023 IRA and HSA contributions.
The IRS issued IR-2024-35, which provides tax relief for certain qualifying West Virginia taxpayers impacted by severe storms, flooding, landslides, and mudslides; various deadlines are postponed to June 17. The IRS announced tax relief for individuals and businesses in parts of West Virginia affected by severe storms, flooding, landslides, and mudslides that began on August. 28, 2023. Affected individuals have until June 17, 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 June 17 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 any area designated by the Federal Emergency Management Agency (FEMA). Currently, this includes Boone, Calhoun, Clay, Harrison, and Kanawha counties. It is the owner's responsibility to determine if they are eligible. The same relief will be available to any other West Virginia localities added later to the disaster area.