Bay Area residents impacted by the 2022-23 winter storms now have until October 16 to file their taxes.
The extension comes just weeks after the IRS and California state tax authorities extended both federal and state tax deadlines from April 18 to May 15 following the severe winter weather from late December to early January.
According to a report by the Los Angeles Times, the flooding, landslides, and mudslides from this year’s storms have caused an estimated $1 billion in damage, and at least 22 people died due to storm-related injuries.
The additional tax extension applies to any disaster area designated by FEMA, including all Bay Area counties. A full list of eligible counties can be found on the IRS website.
According to the IRS, the additional relief postpones various tax filing and payment deadlines including those for most calendar-year 2022 individual and business returns. Those include individual income tax returns, originally due on April 18; various business returns, normally due on March 15 and April 18; and returns of tax-exempt organizations, normally due on May 15. Affected taxpayers can also claim disaster-related casualty losses on their federal income tax return for either 2022 or 2023 in which the event occurred.
Eligible taxpayers will also have until Oct. 15 to make 2022 contributions to their IRAs and health savings accounts.
Visit FEMA’s website for more information on disaster recovery in California.
If you need assistance filing your taxes, please utilize the California Franchise Tax Board’s Volunteer Income Tax Assistance and Tax Counseling for the Elderly locator to find free services near you.