IRS postpones tax deadline again – now due November 16

Published on

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.

RELATED: Homeowners in declared disaster areas can apply for a grant up to $40,675 for repairs

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

spot_img

Latest articles

Department of Finance says California gained 67,000 people in 2023

CALIFORNIA – The California Department of Finance released a demographic report, April 30, with...

Victorville hosting street vendor educational program May 16

VICTORVILLE – Victorville is hosting, May 16, a free, educational workshop led by San...

Red Lobster kitchen equipment and furniture auction ends May 16

CALIFORNIA – Red Lobster announced Monday that it would be closing more than 50...

Report says CA housing affordability improved – $208,400 income needed for median home price

CALIFORNIA – California Association of Realtors' (CAR) quarterly Housing Affordability Index report, published May...
Powered by Foreclosure.com

More like this

Department of Finance says California gained 67,000 people in 2023

CALIFORNIA – The California Department of Finance released a demographic report, April 30, with...

Hesperia awarding $1,000 in gift cards to resident who takes pride in their home

HESPERIA – Hesperia is asking for nominations for their quarterly Pride Enhancement Program (PEP),...

California down payment voucher program receives over 18,000 applications

CALIFORNIA – The California Housing Finance Agency (CalHFA) announced, Tuesday, that the Dream For...