Golden State Today

In response to the recent wildfires in Los Angeles, California is offering tax relief to affected taxpayers. Governor Gavin Newsom announced that the California Franchise Tax Board (FTB) will provide state disaster tax relief for those impacted by the fires.

"California is taking action to provide relief to state taxpayers affected by these devastating fires. The people in Los Angeles County have experienced unimaginable tragedy, and the state will continue to do everything possible to help these communities," said Governor Gavin Newsom.

Residents of Los Angeles County will have until October 15, 2025, to file their California tax returns for 2024 income and make any tax payments initially due between January 7 and October 15, 2025. This aligns with a federal extension recently granted to wildfire victims in California.

"Our state faces one of the most devastating fires in recent history, which has taken lives, displaced thousands of families, and left entire communities in ruins," stated State Controller and FTB Chair Malia M. Cohen. "My heart goes out to everyone affected – please know that you are not alone. I am committed to ensuring that Californians have the help they need during this incredibly difficult time through disaster relief resources that are available through FTB."

The postponement applies to individuals whose tax returns and payments are typically due on April 15, 2025; quarterly estimated tax payments usually due on January 15, April 15, June 15, and September 15, 2025; business entities with corporate or pass-through entity tax returns generally due on March 15 and April 15, 2025; pass-through entity elective tax payments typically due on March 15 and June 15, 2025; and tax-exempt organization returns normally due on May 15, 2025.

Earlier this week, Governor Newsom declared a state of emergency and secured a Major Disaster Declaration from President Joe Biden following the wildfires. These declarations enable residents and businesses in affected areas of California to qualify for tax relief.

Taxpayers impacted by a presidentially declared disaster may claim a deduction for a disaster loss. Claiming this loss on a tax year 2024 return allows the FTB to issue refunds sooner.