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IRS Launches Gulf Oil Spill Hotline

By Alistair M. Nevius, J.D.

Please note: This item is from our archives and was published in 2010. It is provided for historical reference. The content may be out of date and links may no longer function.

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From the IRS

The IRS announced that it has set up a special toll-free telephone line for taxpayers affected by the oil spill in the Gulf of Mexico. The phone number is 866-562-5227, and it will operate on weekdays from 7 a.m. to 10 p.m.

The phone line is available to provide information to taxpayers who are having trouble filing their returns or making tax payments because of the oil spill. It will also serve to answer questions from taxpayers who have received payments from BP. In certain cases, the IRS can suspend collection or examination actions for oil-spill victims.

The IRS has also created an FAQ page on its website to address the tax treatment of BP payments and other oil-spill-related tax questions.