CALIFORNIA – Most Californians that owe taxes on their 2022 income have until November 16 to pay, according to an Internal Revenue Service (IRS) news release published on Monday. In the wake of last winter’s natural disasters, the normal spring due dates had previously been postponed to Oct. 16.
“As a result, most individuals and businesses in California will now have until Nov. 16 to file their 2022 returns and pay any tax due. Fifty-five of California’s 58 counties—all except Lassen, Modoc and Shasta counties—qualify,” said the news release.
Relief for FEMA disaster declared area residents
The IRS says relief is based on three different FEMA disaster declarations covering severe winter storms, flooding, landslides, and mudslides over a period of several months.
As long as the address of record is in a disaster-area locality, individual and business taxpayers automatically get the extra time, without having to ask for it. The current list of eligible localities is available on the IRS disaster relief page.
Returns and payments that qualify for the Nov. 16 deadline
Eligible returns and payments include:
- 2022 individual income tax returns and payments normally due on April 18.
- For eligible taxpayers, 2022 contributions to IRAs and health savings accounts.
- Quarterly estimated tax payments normally due on April 18, June 15 and Sept. 15.
- Calendar-year 2022 partnership and S corporation returns normally due on March 15.
- Calendar-year 2022 corporate and fiduciary income tax returns and payments normally due on April 18.
- Quarterly payroll and excise tax returns normally due on May 1, July 31 and Oct. 31.
- Calendar-year 2022 returns filed by tax-exempt organizations normally due on May 15.
Other returns, payments and time-sensitive tax-related actions also qualify for the extra time. See the IRS disaster relief page for details.
Additional tax relief
The IRS says that individuals and businesses in a federally declared disaster area who suffered uninsured or unreimbursed disaster-related losses can choose to claim them on either the return for the year the loss occurred (in this instance, the 2023 return normally filed next year), or the return for the prior year (2022).
In addition, the California Franchise Tax Board announced state taxes would also be postponed until November 16. They also issued guidance on how to claim a deduction for a disaster loss.
For more information about the IRS tax deadline postponement visit https://www.irs.gov/newsroom/for-california-storm-victims-irs-postpones-tax-filing-and-tax-payment-deadline-to-nov-16.
For information about the state tax deadline visit https://www.ftb.ca.gov/about-ftb/newsroom/news-releases/2023-10-due-date-for-tax-returns-payments-moved.html