Categories
real estatePublished April 15, 2025
Tennessee Gets Major Tax Deadline Extension—Here’s What It Means for Home Buyers, Sellers & Relocators in Nashville
Tennessee Tax Extension: New 2025 IRS Deadline for Residents Following Severe Storms
Tax Day 2025 is here—but Tennessee residents now have extra time to file, thanks to an IRS extension announced after storms and historic flooding impacted Middle and West Tennessee. On Monday, April 14, the IRS granted a statewide extension through November 3, 2025, offering relief to both individuals and businesses affected by the recent natural disasters.
For Nashville home buyers, sellers, and investors, this deadline extension offers both financial flexibility and important timing advantages during what’s already a high-volume real estate season.
Who Qualifies for the IRS Extension?
According to the IRS, anyone with a Tennessee address on record is eligible. You do not need to apply—the extension is automatic. Here’s what’s included:
-
2024 income tax returns (originally due April 15)
-
Contributions to IRAs and HSAs
-
Quarterly estimated tax payments due April 15, June 16, and Sept. 15
-
Payroll and excise tax returns due April 30, July 31, and Oct. 31
-
Calendar-year corporate and fiduciary returns
-
Tax-exempt organization returns (normally due May 15)
This extension can benefit relocators who may be juggling tax responsibilities across state lines, or first-time buyers organizing finances before a home purchase.
What’s the Average Refund in 2025?
According to IRS data, the average federal tax refund in 2025 is $3,453, up more than 10% from last year. Over 29.6 million refunds have been issued so far, totaling $102.3 billion in returns. This bump in refunds could provide an ideal financial cushion for those considering a home purchase or relocation to Nashville.
When Will You Get Your Refund?
The IRS says three out of four filers can expect a refund. Timing depends on when and how you file:
-
Electronic filing + direct deposit = fastest turnaround
-
Paper returns and mailed checks = expect delays
-
If you claimed the Earned Income Tax Credit or Child Tax Credit, expect additional processing time
Filers can track their refund using the IRS's “Where’s My Refund” tool, requiring your SSN/ITIN, filing status, and exact refund amount.
Need Even More Time? You Can Still File an Extension
If November still isn’t enough time—or if you live outside of Tennessee—you can file a traditional IRS extension. This gives you until October 15 to file your federal return (but not to delay payment of any taxes owed).
Here’s how:
-
Visit IRS.gov to request an automatic extension via Free File
-
Mail Form 4868, or file through your tax preparer
-
If you owe, make a payment and indicate it’s part of an extension filing
Note: An extension does not delay payment deadlines—you may still accrue interest and penalties on unpaid taxes.
What This Means for the Middle Tennessee Housing Market
Tax flexibility this year comes during a seasonally strong real estate market. For buyers, a higher refund or additional prep time could mean the difference between waiting and moving forward confidently. For sellers, this extra time on the calendar may expand the pool of active, qualified buyers.
Whether you're navigating your first home purchase, selling your current property, or relocating to a better lifestyle in Middle Tennessee, this extended window is the perfect opportunity to act strategically—without the usual April pressure.
📞 Call/Text: (615) 734-0817
📧 Email: Jamison@BlackwellGroupTN.com
🌐 Explore Listings & Resources: JamisonBlackwell.com
Let’s talk through how this tax extension—and the current market—can work to your advantage. Middle Tennessee is growing fast, and this may be your window to make a move.
