IRS Extends Federal Tax Deadlines for Texas Due to Winter Storms

February 24, 2021 | Insights

As you assess the impact of the February winter storm, Jackson Walker attorneys can help advise you on the legal implications for your business. For additional insights and resources, visit our Winter Storm Recovery site.

By Ashley P. Withers

The IRS announced that it has extended certain tax return and payment deadlines for those impacted by the Texas winter storms. Texas residents and businesses now have until June 15 to file federal tax returns and make tax payments that would have normally been due on or after February 11.

The IRS has provided this relief to the entire state of Texas due to the Federal Emergency Management Agency’s recent disaster declaration concerning Texas’s winter storms. The relief is automatic so Texas filers do not need to request the relief.

Some examples of the returns and payments covered include:

  • Business income tax returns such as Form 1065 U.S. Return of Partnership Income, Form 1120 U.S. Corporation Income Tax Return, and 1120-S U.S. Income Tax Return for an S Corporation due March 15
  • Individual income tax returns due April 15
  • Quarterly estimated income tax payments due April 15
  • Quarterly payroll and excise tax returns due April 30
  • Tax-exempt organizations’ Form 990 due May 17

Importantly, the relief only extends to federal tax returns and payments. To date, no extension of the May 15 deadline for Texas franchise tax returns and payments has been announced by the Texas Comptroller. Future relief may be forthcoming.

Related Resources

Please note: This article and any resources presented on the Jackson Walker Winter Storm Recovery site are for informational purposes only, do not constitute legal advice, and are not a substitute for legal advice from qualified counsel. The laws of other states and nations may be entirely different from what is described. Your use of these materials does not create an attorney-client relationship between you and Jackson Walker. The facts and results of each case will vary, and no particular result can be guaranteed.

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Ashley P. Withers
Associate, Dallas