Additional Information 

• Tax:  Qualified disaster relief payments made to employees who are in a Federally declared disaster zone may be non-taxable. “Qualified disaster relief payments” include any amount paid to or for the benefit of an individual:

• •  To reimburse or pay reasonable and necessary personal, family, living, or funeral expenses incurred as a result of a qualified disaster,

  • To reimburse or pay reasonable and necessary expenses incurred for the repair or rehabilitation of a personal residence or repair or replacement of its contents to the extent such need is attributable to a qualified disaster, or

  • By a federal, state, or local government, or agency or instrumentality thereof, in connection with a qualified disaster in order to promote the general welfare.

Please note that qualified disaster relief payments do not include payments for any expenses compensated by insurance or otherwise (and insurance reimbursements can lag significantly).  Please reach out to a qualified tax advisor for any questions.