(FreedomBeacon.com)- Last week, the Internal Revenue Service announced that California storm victims will now have until May 15 to file various federal individual and business tax returns and make payments.
The deadline extension applies to people living in areas designated by the Federal Emergency Management Agency (FEMA), including some of the state’s most populous regions like Los Angeles, San Diego, Orange, Riverside, Sacramento, and San Francisco counties.
According to the IRS, the extension postpones various tax filing and payment deadlines that occurred starting January 8, 2023. Those in the affected areas will have until May 15 to file returns and pay taxes that were originally due during this period, including the 2022 individual tax returns that are due on April 18, as well as various 2022 business returns normally due on March 15 and April 18. Affected taxpayers will also have until May 15 to make 2022 contributions to IRAs and health savings accounts.
Anyone can request an extension to file, according to the IRS. Any taxpayer can submit Form 4868 to receive an automatic 6-month filing extension. However, an extension to file using Form 4868 does not extend the payment deadline. Those applying for a filing extension by this means will be subject to a late payment penalty on any taxes not paid by the original due date.
On Thursday, President Biden traveled to California to visit the areas hit by the recent deadly storms that have killed 19 people. Biden vowed to provide federal support for recovery efforts.
The president surveyed the damage in Santa Clara and Santa Cruz counties along the central coast where the recent storms caused flooding and landslides.
After touring affected areas, the president stopped at Seacliff State Beach where he blamed the recent storms on climate change and vowed to invest in stronger infrastructure that is “more resilient” to extreme weather.