“The Ultimate Guide to Tax Season 2022: Deadlines, Extensions, and Penalties”

2023-04-17 07:00:00

Tax season is regarding to come to an end in the United States.

Since January 13, the Internal Revenue Service (IRS) began receiving and processing tax returns for the 2022 tax year. The deadline to file your tax return It is tomorrow, Tuesday April 18.

If for some reason you cannot carry out the process by the deadline, You can request an extension to the government agency in charge of tax collection to obtain an extension until October 16. As a taxpayer, you need to keep in mind that The extension only applies to process the declaration, but not to pay taxes.

In the event that you do not file the declaration or do not pay the corresponding taxes, you might be subject to IRS fines and penalties; so it is very important that Keep key dates in mind.

You may also like: Tax season 2023: How to know if you are owed a stimulus check before the deadline

What is the new California tax deadline and who does it affect?

Although, at the national level the limit to declare taxes is April 18the truth is that the IRS has made an exception for the state of California, extending the last day until October 16.

The extension is result of damage from the latest series of winter storms, flooding and severe landslides in the Golden State.

The extension is valid for victims of disasters that occurred on or following March 9 and applies to affected individuals and households who reside or have a business in the counties of Alpine, Amador, Butte, Calaveras, Del Norte, El Dorado, Fresno, Glenn, Humboldt, Imperial, Inyo, Kern, Kings, Lake, Los Angeles, Madera, Mariposa, Mendocino, Merced, Mono, Monterey, Napa, Nevada, Orange , Placer, Plumas, Sacramento, San Benito, San Bernardino, San Francisco, San Joaquin, San Mateo, San Luis Obispo, Santa Barbara, Santa Clara, Santa Cruz, Sierra, Sonoma, Stanislaus, Trinity, Tulare, Tuolumne, and Yuba.

If you reside in any of the above counties, You do not need to carry out any procedure to request the extension, since this will be done automatically. For more information, check the IRS statement.

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