Indiana Joins IRS in Providing Penalty Relief to Farmers and Fishermen
Filing period extended to April 15, 2013INDIANAPOLIS (Jan. 30, 2013) − The IRS has announced it will allow farmers and fishermen to file and pay their 2012 income taxes by April 15, 2013, due to processing issues. Indiana will follow the IRS policy and extend the due date for Indiana farmers and fishermen.
Normally, farmers and fishermen who choose not to make estimated tax installment payments are not subject to a penalty if they file their returns and pay the full amount of tax due by March 1. This year, due to late federal tax form updates, the IRS is extending that deadline to April 15, 2013.
Indiana will follow suit, allowing farmers and fisherman to file and pay their state taxes by April 15, 2013.