Deductions & credits

Yes, you can qualify for a natural disaster relief on your taxes.  

 

For taxpayers who were affected by a federally declared disaster, here’s how to determine if you are eligible for relief:

  • Individuals whose principal residence and any business entity whose place of business is located in counties designated as federally declared disaster areas.
  • Any individual who is a relief worker assisting in a covered disaster area, regardless of whether they are affiliated with a recognized government or philanthropic organizations.
  • Individuals whose principal residence and any business entity whose principal place of business is not located in a covered disaster area but whose records necessary to meet the filing or payment deadline are maintained in a covered disaster area.
  • Estates or trust that have tax records necessary to meet filing or payment deadlines in a covered disaster area.
  • Any spouse of an affected taxpayer with regard to a joint return of the husband and wife.

Here is a TurboTax article about disaster relief.

Here is an IRS link about natural disaster relief

And an IRS video for victims of natural disasters.

 

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