Individuals and businesses battered by Hurricane Irene are getting a tax extension from the state and federal governments.
The state Division of Taxation today announced that taxpayers who aren't able because of the storm to make quarterly tax payments that are supposed to be due Sept. 15 now have until Oct. 31. That same revised deadline applies retroactively to any filing due since Aug. 27.
Businesses and individuals that had previously secured filing extensions until either Sept. 15 or Oct. 17, including residents of other states who owe taxes in New Jersey but live in another state declared a disaster area due to the hurricane, also now have until Oct. 31.
Covered filings and estimated payments include those for individual income tax, corporation business tax, sales tax, inheritance tax, estate tax, partnership and other business taxes administered by the Division of Taxation.
The IRS' tax extensions operate on slightly different rules. Details are posted online; note that the news release is out-of-date in that all 21 counties in New Jersey, not just five, are now covered by the disaster declaration.
Questions to the state Division of Taxation can be directed to (609) 292-6400 or submitted online.
