IRS announces tax extension for California residents affected by winter storms

IRS announces tax extension for California residents affected by winter storms

Taxpayers who suffered damage from winter storms will now have a deadline of May 15, 2023; the support is offered to communities that are in areas designated as disaster zones by FEMA

The Internal Revenue Service (IRS) announced that residents who were affected by the storms that hit California will have one more month to comply with their tax obligations.

Californians hit hard by heavy rains, which left severe flooding, will now have until May 15, 2023 to file various federal individual and business tax returns, as well as pay taxes.
The support is offered to communities that are part of areas designated as disaster zones by the Federal Emergency Management Agency (FEMA).

According to the IRS statement, people who reside or have a business in the following counties would qualify to receive the extension: Alameda, Colusa, Contra Costa, El Dorado, Fresno, Glenn, Humboldt, Kings, Lake, Los Angeles, Madera , Marin, Mariposa, Mendocino, Merced, Mono, Monterey, Napa, Orange, Placer, Riverside, Sacramento, San Benito, San Bernardino, San Diego, San Francisco, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara, Santa Clara , Santa Cruz, Solano, Sonoma, Stanislaus, Sutter, Tehama, Tulare, Ventura, Yolo and Yuba.

This determination gives an opportunity to extend the deadlines for filing and paying taxes, but it does not cancel them.

“As a result, affected individuals and businesses will have until May 15, 2023 to file returns and pay the taxes they originally owed during this period,” the IRS reported.

This includes the 2022 tax filing, which is due April 18 for individuals, as well as the various 2022 business tax returns, which are due March 15 and April 18.

If you want to consult about the people who qualify for this extension of deadlines and how to access this support, you can consult the IRS page.

Melissa Galbraith
Melissa Galbraith is the World News reporter for Globe Live Media. She covers all the major events happening around the World. From Europe to Americas, from Asia to Antarctica, Melissa covers it all. Never miss another Major World Event by bookmarking her author page right here.