tennessee

Taxpayers in Sevier County TN receive Tax Relief

We’ve had two residents of Sevier County Tennessee in already this year.

Both told stories of driving through the fires to escape!

Affected taxpayers in this federally declared disaster area have the option of claiming disaster-related casualty losses on their federal income tax return for either the year in which the event occurred, or the prior year.

Affected taxpayers claiming the disaster loss on a 2015 return will have the Disaster Designation, “Tennessee, Wildfires” written at the top of the form so that the IRS can expedite the processing of the refund.

 


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