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IRS provides tax relief for victims of severe winter storms, flooding, landslides and mudslides in California
Victims of severe winter storms, flooding, landslides and mudslides in California beginning March 9, 2023, now have until Oct. 16, 2023, to file various individual and business tax returns and make tax payments, the Internal Revenue Service announced today.
Following the disaster declaration issued by the Federal Emergency Management Agency, individuals and households affected by severe winter storms, flooding, landslides and mudslides that reside or have a business in these 42 counties qualify for tax relief.
Alpine
Fresno
Lake
Mono
Plumas
San Mateo
Sonoma
Amador
Glenn
Los Angeles
Monterey
Sacramento
San Luis Obisco
Stanislas
Butte
Humboldt
Madera
Napa
San Benito
Santa Barbara
Trinity
Calaveras
Imperial
Mariposa
Nevada
San Bernardino
Santa Clara
Tulare
Del Norte
Inyo Kern
Mendocino
Orange
San Francisco
Santa Cruz
Tuolumne
El Dorado
Kings
Merced
Placer
San Joaquin
Sierra
Yuba Counties
The declaration permits the IRS to postpone certain tax-filing and tax-payment deadlines for taxpayers who reside or have a business in the disaster area. For instance, certain deadlines falling on or after March 9, 2023, and before Oct. 16, 2023, are granted additional time to file through Oct. 16, 2023. As a result, affected individuals and businesses will have until Oct. 16 to file returns and pay any taxes that were originally due during this period. This includes 2022 individual income tax returns due on April 18, as well as various 2022 business returns normally due on March 15 and April 18. Among other things, this means that eligible taxpayers will have until Oct. 16 to make 2022 contributions to their IRAs and health savings accounts.
The Oct. 16, 2023, deadline also applies to any payment normally due during this period, including quarterly estimated tax payments, quarterly payroll and excise tax returns. In addition, penalties on payroll and excise tax deposits due on or after March 9, 2023, and before March 24, 2023, will be abated as long as the tax deposits are made by March 24, 2023.
Contact MKG Tax Consultants for a free extension filing
Office (559) 412-7248
https://mkgtaxconsultants.com/about-us/contact-us/