People and businesses affected by Los Angeles’ devastating wildfires will be eligible for state disaster tax relief.
“California is taking steps to provide relief to state taxpayers affected by these devastating fires,” Gov. Gavin Newsom said in a news statement Sunday. “The people of Los Angeles County have experienced an unimaginable tragedy, and the state will continue to do everything in its power to support these communities.”
This article is provided free of charge to help keep our community safe and supported during these devastating fires.
Los Angeles County taxpayers will have their California tax return filing date for 2024 income pushed back to October 15th. Tax payments that were due between January 7th and October 15th must also be made by that date.
“Our state is facing one of the most devastating fires in recent history, claiming lives, displacing thousands of families, and leaving entire communities in ruins.” Governor and FTB Chair Maria Cohen said in a news release.
The deferral applies to:
People whose tax returns and taxes are typically due by April 15th. Quarterly tax payments typically due on January 15, April 15, June 15, and September 15. For corporate pass-through entities whose corporate or pass-through income tax filing deadline is generally March 15, the elective tax payment deadline is generally March 15 and June 15. The filing deadline for tax-exempt organizations is typically May 15th.
Source link