IRS provides tax relief for taxpayers in California affected by severe storms, flooding

Type
:
Obligation
Tax Area
:
Individual Income Tax
Status
:
Guidance
Qualification
:
Various
Implemented date
:
NA
Country
:
United States
Date added
27 Feb
,
2024
Docxster’s Summary

The IRS has announced tax relief for taxpayers in California affected by severe storms and flooding. The relief includes extended filing and payment deadlines for certain tax returns and tax payments, as well as penalty abatement for late filing or payment. Taxpayers in affected areas should review the IRS announcement for specific details and instructions on how to claim the relief.

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The IRS today announced that taxpayers in California affected by severe storms and flooding that began on January 21, 2024, now have until June 17, 2024, to file various federal individual and business tax returns and make tax payments.

According to the IRS release—IR-2024-51 (February 27, 2024)—the tax relief is offered to any area designated by the Federal Emergency Management Agency (FEMA), which currently includes San Diego County. Individuals and households that reside or have a business in this locality qualify for tax relief.

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Source :
KPMG
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