California
IRS Postpones Tax Day in Alabama, California and Georgia
This story is a part of Taxes 2023, CNET’s protection of the very best tax software program, tax suggestions and every part else you have to file your return and observe your refund.
The IRS is extending the submitting deadline for residents in Alabama, California and Georgia who’ve been impacted by pure disasters.
In January and February, tornadoes ripped by way of quite a few counties in Alabama and Georgia, inflicting widespread harm. California was slammed with back-to-back storms beginning in December, resulting in flooding and energy outages.
The IRS initially postponed submitting dates for FEMA-designated storm areas in all three states till Could 15, 2023. Now taxpayers in affected counties have till Oct. 16 to file their federal particular person and enterprise tax returns.
The extension applies to “particular person earnings tax returns, initially due on April 18; numerous enterprise returns, usually due on March 15 and April 18; and returns of tax-exempt organizations, usually due on Could 15,” the IRS stated.
For extra on taxes, this is obtain your refund quicker and a useful cheat sheeet for tax season 2023.
Which areas did FEMA designate as storm areas?
Most of California and elements of Alabama and Georgia fall beneath the FEMA emergency declaration.
Alabama. Alabama was hit with extreme storms, straight-line winds and tornadoes on Jan. 12. FEMA designated greater than 10 counties — together with Cell and Morgan — as eligible for support. This is the complete record of Alabama counties coated.
California. California skilled a sequence of extreme storms beginning on the finish of 2022 and persevering with by way of a lot of January. FEMA has designated residents or native governments and sure nonprofits in additional than 40 counties as being eligible for support, together with Alameda, Contra Costa, Los Angeles and San Diego. This is the complete record of California counties coated.
Georgia. Georgia had extreme storms on Jan. 12. FEMA designated greater than eight counties — together with Henry — as eligible for support. This is the full record of Georgia counties coated.
Has the deadline for state tax returns been prolonged?
At the moment, the Departments of Income in Georgia and Alabama nonetheless require state earnings tax returns to be acquired or postmarked by April 18, 2023.
The California Franchise Tax Board has granted residents impacted by the 2022-23 winter storms an extension till Could 15, 2023.
Verify together with your state tax company for info on any further tax reduction.
For extra on taxes, study why your refund examine could also be smaller this yr and get more cash again.