Louisiana ~ Multiple Taxes: Extensions for Taxpayers Affected by Disaster Areas Explained

The Louisiana Department of Revenue (LDR) clarified that any filing extension granted as a result of a declared “disaster area” also serves as an extension of time for qualifying income and franchise taxpayers to file for an extension when the due date of the filing of the return falls within the postponement period declared by the LDR. For example, an extension was granted for taxpayers whose homes, principal place of business, or critical tax records are located in any of 35 different parishes affected by severe storms and flooding that occurred in March 2016. For purposes of Louisiana’s individual income tax, the extension applies to tax returns with original or extended due dates on or after March 8, 2016, and on or before July 15, 2016. Since the May 15, 2016, due date for calendar year individual income tax returns falls within the postponement period, any individual income tax returns filed on behalf of qualifying individuals with a May 15 due date will be deemed timely filed if filed on or before July 15, 2016. In addition, any request for an extension of time to file on or before July 15, 2016, will also be deemed to have been filed by the due date for requesting an extension (May 15, 2016) and thus timely. Accordingly, any qualifying individuals with a May 15, 2016, due date who file a request for extension of time to file an individual return on or before July 15, 2016, will be deemed to have timely filed the return if it is filed on or before November 15, 2016. The LDR also reminded taxpayers that (1) any request for extension should be submitted electronically through the LDR’s website, (2) a filing extension does not allow an extension of time to pay the tax due, and (3) payments received after July 15, 2016, will be charged interest and a late payment penalty.

Revenue Information Bulletin No. 16-032, Louisiana Department of Revenue, June 16, 2016, ¶202-729

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