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California extends deadline to file taxes for those affected by winter storms

Tax filing in California
Photo: P360P

The state has extended California tax payment and filing due dates to October 16, 2023 for Californians affected by winter storms in December and January.

Thus, residents and businesses in the counties of Alameda, Alpine, Amador, Butte, Calaveras, Colusa, Contra Costa, Del Norte, El Dorado, Fresno, Glenn, Humboldt, Inyo, Kings, Lake, Los Angeles, Madera, Marin, Mariposa, Mendocino, Merced, Mono, Monterey, Napa, Nevada, Orange, Placer, Riverside, Sacramento and San Benito, will have an extension to file their taxes.

Also, San Bernardino, San Diego, San Francisco, San Joaquin, San Luis Obispo, San Mateo, Santa Barbara, Santa Clara, Santa Cruz, Siskiyou, and Solano.

Meanwhile, Sonoma, Stanislaus, Sutter, Tehama, Trinity, Tulare, Tuolumne, Ventura, Yolo and Yuba counties that have been affected by severe winter storms, flooding, mudslides and mudslides are eligible for tax relief.

"As communities across the state continue to recover from the damage caused by winter storms, California is working quickly to help recovering Californians get back on their feet," said Governor Gavin Newsom. 

With this action, the state aligns with the Biden Administration and extends the tax filing deadline in addition to the tax relief announced earlier this year.

In February, Newsom announced tax relief for people affected by winter storms, giving them the ability to claim a deduction for disaster losses and extending certain filing deadlines.

Notably, this relief applies to deadlines that fall on or after January 8 and before October 16, 2023, including 2022 personal income tax returns that are due April 18 and quarterly payments. of estimated taxes, which are generally due on January 17, 2023 and April 18, 2023. 

Such payments were previously extended through May 15, 2023 for those affected by winter storms.

The IRS announced tax relief for Californians affected by these winter storms. Taxpayers affected by these storms qualify for an extension until October 16, 2023 to file individual and business tax returns and make certain tax payments. 

This includes individuals whose tax returns and payments are due on April 18, 2023; quarterly estimated tax payments due January 17, 2023, April 18, 2023, June 15, 2023, and September 15, 2023; business entities whose tax returns are normally due on March 15 and April 18; PTE elective tax payments due June 15, 2023.

However, taxpayers affected by a presidentially declared disaster can claim a deduction for a disaster loss when filing an original or amended tax return for tax year 2022.

When filing their return, taxpayers should write the name of the disaster in blue or black ink at the top of their tax return to alert FTB. 

If filing electronically, taxpayers must follow the software's instructions for entering disaster information. If a taxpayer receives a late payment or filing penalty notice related to the deferral period, they should call the number on the notice to have the penalty reduced.

To learn more information and instructions for Disaster Loss and how to claim a state tax deduction, you can access the site https://www.ftb.ca.gov/forms/misc/1034.pdf.

Disaster victims can receive free copies of their state returns to replace lost or damaged ones. To do so, they must use the form FTB 3516 and write the name of the disaster in blue or black ink at the top of the application.

You may be interested in: Tax season: IRS calls on the population to make their contributions

Peninsula 360 Press
Peninsula 360 Presshttps://peninsula360press.com
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