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Local News Matters

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Posted inLocal News

Tax shelter from the storm: IRS extends filing deadline for counties impacted by weather

by Katy St. Clair, Bay City News Foundation January 16, 2023January 13, 2023

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Discovery Park near downtown Sacramento is inundated on Jan. 9, 2023, as a result of flooding on the American and Sacramento rivers. The IRS is extending tax filing day to May 15 for residents and businesses in counties hardest hit by recent storms. (Photo by Kenneth James/California Department of Water Resources via Bay City News)

The Internal Revenue Service has extended its annual tax return due date by a month for people who live in areas impacted by the recent storms, the IRS announced.

California storm victims now have until May 15 to file their individual or business taxes if their area was declared an emergency by the Federal Emergency Management Agency.

The announcement affects residents in Alameda, Marin, Contra Costa, San Francisco, Monterey, Napa, San Joaquin, San Mateo, Santa Clara, Santa Cruz, Solano and Sonoma counties, the IRS said. A full list of counties can be found on the agency’s website.

Eligible taxpayers will also have until May 15 to make 2022 contributions to their IRAs and health savings accounts.

Taxpayers will not have to do anything to initiate the extension, the IRS said, and do not have to contact the agency to get this relief.

Some other extensions are being granted to farmers, those who pay quarterly estimated payments, and those who pay quarterly payroll and excise taxes. To learn more, visit the IRS’s page on Disaster Assistance and Emergency Relief for Individuals and Businesses.

  • Biden declares California storm emergency, paving way to aid for some Bay Area counties
  • January 9, 2023
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  • Santa Cruz County qualifies for federal relief as Biden gets look at storm-ravaged coast
  • January 21, 2023
  • In "California Currents"
  • Silicon Valley lawmakers lobby Biden for federal storm aid
  • January 25, 2023
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Tagged: Bay Area, business, disaster relief, Federal Emergency Management Agency, FEMA, finances, health savings account, IRS, retirement savings, storm damage, taxes, weather, winter storm

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