The IRS is helping Californian taxpayers affected by severe winter storms with extended tax deadlines in 55 eligible counties, providing crucial relief and flexibility.
This extension was prompted by three disaster declarations that encompassed severe winter storms, flooding, landslides, and mudslides.
California Tax Deadline Extended
The relief encompasses a wide array of tax obligations, including 2022 individual income tax returns and payments, contributions to IRAs and health savings accounts, quarterly estimated tax payments, partnership and S-corporation returns, corporate and fiduciary income tax returns, quarterly payroll and excise tax returns, and returns filed by tax-exempt organizations.
The IRS made this announcement on the previous deadline day, ensuring that taxpayers in the affected regions were granted extra time to handle their tax responsibilities. As stated in the IRS release, the tax deadlines for most California taxpayers have now been postponed to November 16, 2023. This extension applies to all qualifying counties, with the exception of Lassen, Modoc, and Shasta counties.
What’s particularly noteworthy about this extension is that taxpayers residing in the qualifying counties don’t need to provide documentation proving that they were directly affected by the winter storms.
Read more: When Can You Expect Your Arizona Family Tax Rebate Check?
IRS Swift Response to Natural Disasters
The IRS recognized the broad-scale impact of these natural disasters and took swift action to support those affected.
For individuals and businesses in the designated counties, this extension provides a lifeline, allowing them ample time to file their 2022 returns and make any necessary tax payments. It’s a welcome gesture of flexibility in light of the hardships endured by these communities due to the winter storms.
The IRS maintains a disaster relief page where taxpayers can find comprehensive information regarding qualifying returns, payments, and time-sensitive tax-related actions. This extension is not an isolated case, as the IRS has previously extended deadlines in areas of California, Alabama, and Georgia due to extreme weather conditions.
In the face of adversity, the IRS’s extension offers a crucial helping hand to those who have been affected, giving them the necessary time to meet their tax obligations and providing some financial respite as they recover from the aftermath of the winter storms.
Read more: Stimulus Check Update: Americans Can Receive Up To $4,000 In Settlement Funds
