By Katy St. Clair, Bay City News Foundation
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 on Tuesday.
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 at https://www.irs.gov/newsroom/tax-relief-in-disaster-situations.
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, go to irs.gov.
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