Q&A: Federal Disaster Tax Relief
December 13, 2024
December 13, 2024
WASHINGTON, Dec. 13 -- Sen. Charles E. Grassley, R-Iowa, issued the following news release:
Q: What tax relief measures will help Iowans impacted by natural disasters get back on their feet? A: Congress recently passed disaster tax relief legislation that will give eligible taxpayers a break on their federal tax bill. It allows for individuals impacted by a natural disaster in an area that received a major presidential disaster declaration from December 2020 up to 60 days after enac . . .
Q: What tax relief measures will help Iowans impacted by natural disasters get back on their feet? A: Congress recently passed disaster tax relief legislation that will give eligible taxpayers a break on their federal tax bill. It allows for individuals impacted by a natural disaster in an area that received a major presidential disaster declaration from December 2020 up to 60 days after enac . . .