IRS and State Move Spring Tax Deadline to Oct. 16 for Most Californians

By Samantha Gowen, The Orange County Register (via TNS).

Storms, wildfires and flooding damage have pushed back the tax filing deadlines for most Californians.

The new deadline of Oct. 16 applies to California and federal individual and business tax returns and payments. The Franchise Tax Board said taxpayers who suffered financial losses to storm damage also could be eligible to claim those losses on their tax returns.

The IRS said the extension includes most 2022 individual and business returns originally due April 18. Other business returns, normally due on March 15 and April 18, and returns of tax-exempt organizations typically due on May 15, also were extended.

Among other things, this means that eligible taxpayers will also have until Oct. 16 to make 2022 contributions to their IRAs and health savings accounts.

In addition, farmers who choose to forgo making estimated tax payments and normally file their returns by March 1 now have until Oct. 16, 2023, to file their 2022 return and pay any tax due.

The Oct. 16 deadline also applies to the estimated tax payment for the fourth quarter of 2022, originally due on Jan. 17, 2023. This means that taxpayers can skip making this payment and instead include it with the 2022 return they file, on or before Oct. 16.

The Oct. 16 deadline also applies to 2023 estimated tax payments, normally due on April 18, June 15 and Sept. 15. It also applies to the quarterly payroll and excise tax returns normally due on Jan. 31, April 30 and July 31.

The IRS and the state of California are offering relief to residents living in areas designated as disaster zones by the Federal Emergency Management Agency. The list of counties includes Los Angeles, Orange, San Bernardino and Riverside in addition to 37 others.

The other counties that qualify for tax relief include Alameda, Colusa, Contra Costa, El Dorado, Fresno, Glenn, Humboldt, Kings, Lake, Madera, Marin, Mariposa, Mendocino, Merced, Mono, Monterey, Napa, Placer, Sacramento, San Benito, 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 counties.

How will the IRS know if you qualify? The agency said it will automatically identify taxpayers located in the covered disaster areas. If you’re a taxpayer who resides or has a business located outside the disaster area, be sure to call the IRS disaster hotline at 866-562-5227 to request the extension.

For more information on those seeking information on various payroll and excise tax returns, go to irs.gov and look for “tax alerts and news.”

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