The IRS has provided relief under Code Sec. 7508A for persons determined to be affected by the terroristic action in the State of Israel throughout 2024 and 2025. Affected taxpayers have until September 30, 2026 to file tax returns, make tax payments, and perform certain time-sensitive acts listed in Reg. §301.7508A-1(c)(1) and Rev. Proc. 2018-58, I.R.B. 2018-50, that are due to be performed on or after September 30, 2025, and before September 30, 2026. Any taxpayer acts that are due to be performed on September 30, 2025, and before September 30, 2026, are postponed until September 30, 2026.
Moreover, for taxpayers who were “affected taxpayers” for purposes of Notice 2024-72, 2024-43 IRB 1005, including taxpayers who were “affected taxpayers” for purposes of both Notice 2024-72 and Notice 2024-71, 2023-44 IRB 1191, the separate determination of terroristic action and grant of relief set forth in this notice will also postpone taxpayer acts and government acts already postponed by Notice 2024-72, including acts postponed by both Notice 2024-72 and Notice 2024-71, if the taxpayer is eligible for relief under the applicable notices.
