The IRS and California’s Franchise Tax Board have issued a disaster relief notice for San Diego County in response to the severe storms and flooding that began on January 21, 2024. Individuals and households that reside or have a business in San Diego County now have until June 17, 2024, to file various federal and California individual and business tax returns and make tax payments.

The same relief will be available to any other California localities later added to the disaster area. The current list of eligible localities is always available on the disaster relief page on IRS.gov.

Filing and Payment Relief 

The tax relief postpones various tax filing and payment deadlines occurring from January 21, 2024, through June 17, 2024 (postponement period). As a result, affected individuals and businesses will have until June 17, 2024 to file returns and pay any taxes that were originally due during this period.

This means that the June 17, 2024 deadline will now apply to:

• Individual income tax returns and payments normally due on April 15, 2024.
• 2023 contributions to IRAs and health savings accounts for eligible taxpayers.
• 2024 estimated tax payments normally due on April 15, 2024.
• Quarterly payroll and excise tax returns normally due on January 31 and April 30, 2024.
• Calendar-year partnership and S corporation returns and payments normally due on March 15, 2024.
• Calendar-year corporation and fiduciary returns and payments normally due on April 15, 2024.
• Calendar-year tax-exempt organization returns normally due on May 15, 2024.

Additionally, penalties for failing to make payroll and excise tax deposits due on or after January 21, 2024, and before February 5, 2024, will be abated as long as the deposits were made by February 5, 2024.

The IRS disaster relief page has details on other returns, payments and tax-related actions qualifying for relief during the postponement period.

The IRS automatically provides filing and penalty relief to any taxpayer with an IRS address of record located in the disaster area. These taxpayers do not need to contact the agency to receive this relief.

Furthermore, the IRS will work with any taxpayer who lives outside the disaster area but whose records necessary to meet a deadline occurring during the postponement period are located in the affected area. Taxpayers qualifying for relief who live outside the disaster area need to contact the IRS at 866-562-5227. This also includes workers assisting in the relief activities affiliated with a recognized government or philanthropic organization.

The IRS may provide additional disaster relief in the future.

The tax relief is part of a coordinated federal response to the damage caused by these storms and is based on local damage assessments by FEMA. For information on disaster recovery, visit disasterassistance.gov.

For more information on this and other tax matters, please contact your LLME tax advisor at (858) 455-1200 or by email.