What’s New

Expansion of mandatory postponement. Certain taxpayers affected by federally declared disasters and qualified state declared disasters after July 24, 2025, may be eligible for a mandatory 120-day extension for certain tax deadlines. For more information, see Pub. 547, Casualties, Disasters, and Thefts.

Extension of limitation on personal casu- alty and theft losses. For tax years beginning after 2017, the limitation on casualty and theft losses for personal-use property is now permanent.

Extended disaster tax relief benefits. The Federal Disaster Tax Relief Act of 2023 and P.L. 119-21, commonly known as the One Big Beautiful Bill Act, extended the special rules and return procedures for personal casualty losses attributable to certain major federal disasters declared between January 1, 2020, and September 2, 2025. Qualified disaster losses can be claimed on Form 4684, Casualties and Thefts. For more information, see Qualified dis- aster losses , later.

Qualified wildfire relief payments. Certain relief payments received between 2020 and 2025 following a wildfire disaster are not taxable. For more information, see Qualified wildfire relief payments , later.

East Palestine disaster relief payments. Certain relief payments for the train derailment in East Palestine, Ohio, on February 3, 2023, are not taxable. For more information, see East Palestine disaster relief payments, later.