California taxes were supposed to be due. The IRS and the state had extended the tax deadline for 2022 returns to Oct. 16. But the IRS just announced a postponement of that deadline — to Nov. 16. So, Californians who haven’t filed already have another month to file federal and state tax returns.
Additionally, California and the IRS offered additional tax deadline relief with a later deadline for some residents. This relief is for those impacted by the wildfires in Hawaii and seawater intrusion in Louisiana that have a California filing requirement. The new tax deadline extension means some taxpayers and businesses who would have had an Oct. 16, 2023, extended tax filing deadline now have until Feb. 15, 2024, to file.
Here’s what you need to know about both California tax extensions.
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IRS extension California: New Nov. 16 tax deadline
Just as most Californians thought their taxes had finally come due, the IRS today further postponed tax deadlines for people in 55 counties impacted by natural disasters last winter.
As Kiplinger reported, the previous due date was Monday, Oct. 16, but the new postponement means that many California taxpayers and businesses now have until Nov. 16, 2023, to file their 2022 federal income tax returns and pay any tax due.
The new tax deadline applies to impacted individuals in 55 of California's 58 counties. That means all counties in the state are eligible for the tax relief except for Lassen, Modoc, and Shasta counties. The postponement is based on FEMA disaster declarations covering severe winter storms, flooding, landslides, and mudslides over a period of several months.
According to the IRS, the Nov. 16 tax deadline postponement applies to:
- 2022 individual income tax returns and payments normally due on April 18.
- For eligible taxpayers, 2022 contributions to IRAs and health savings accounts.
- Quarterly estimated tax payments normally due on April 18, June 15 and Sept. 15.
- Calendar-year 2022 partnership and S corporation returns normally due on March 15.
- Calendar-year 2022 corporate and fiduciary income tax returns and payments normally due on April 18.
- Quarterly payroll and excise tax returns normally due on May 1, July 31 and Oct. 31.
- Calendar-year 2022 returns filed by tax-exempt organizations normally due on May 15.
California tax extension: Contribution deadlines
When tax filing deadlines are extended, so are some other related tax deadlines. So, Californians in storm-impacted areas of the state were also given more time to contribute to their IRAs and health savings accounts (HSAs). The deadline for residents who were eligible for the tax extension, to make those contributions is Nov. 16, 2023.
Note: Keep in mind that usual IRA contribution limits and HSA contribution limits still apply, so double-check to see if you have room to contribute before you file.
The IRS tax deadline extension for people in California also applies to 2022 estimated payments of federal income tax. So, for example, if you had an estimated tax payment due on Jan. 17, 2023, the IRS has said that you could skip that payment and include it with your tax return when you file on or before Nov. 16.
More from Kiplinger: 2023 California Tax Deadline Extension: What You Need to Know
California tax returns due date
California normally conforms to IRS tax deadline extensions for presidentially declared disasters.
As a result, the California FTB has announced that Californians whose taxes would have been due Oct. 16, 2023, (the previously postponed tax filing deadline) now have until November 16, 2023, to file California state income tax returns and pay California state taxes due.
California Franchise Tax Board extension for Hawaii and Louisiana
Earlier this month, the California Franchise Tax Board (FTB) announced special state tax relief for taxpayers and businesses affected by Hurricanes Idalia and Lee, wildfires in Maui and Hawaii, and seawater intrusion in Louisiana. The IRS granted similar tax deadline relief for Hawaii and for Louisiana and California usually conforms to IRS tax deadline extensions.
This means taxpayers and businesses in presidentially declared disaster areas have an extension to Feb. 15, 2024, to file the 2022 income tax returns for California. (This extension also applies to making any income tax-related payments that would have been due between Sept. 15, 2023, and Jan. 16, 2024.)
“For some, this will mean several additional months to file their California tax returns or make their quarterly estimated tax payments to the state,” state controller and FTB chair Malia M. Cohen stated in a release about the extended deadline.
It’s important to note, however, that tax payments for the 2022 tax year that were originally due on April 18, 2023, aren’t eligible for the extension.
The extended deadlines vary by state, but the Feb.15, 2024, tax deadline extension applies to quarterly estimated income tax payments normally due on Sept. 15, 2023, and Jan. 16, 2024. It also applies to:
- Calendar-year partnerships and S corporations whose 2022 extensions run out on September 15, 2023.
- Calendar-year corporations whose 2022 extensions run out on October 16, 2023.
- Calendar-year tax-exempt organizations whose extensions run out on November 15, 2023.
What about disaster losses?
The FTB reminds affected taxpayers that they can claim a deduction for disaster losses. See FTB Publication 1034 for more information. But generally, you can claim the disaster loss for the 2023 tax year when you file your tax return for the 2023 tax year (in April 2024). Or, you can your disaster loss against 2022 income on this year’s return.
Visit the California Franchise Tax Board disaster loss page for answers to common questions.
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