Victims of California wildfires are eligible for tax relief, with various deadlines provided by the IRS.
Qualified payments for wildfire relief are not included in gross income, allowing impacted taxpayers to exclude certain amounts from their gross earnings.
The IRS announces tax relief options for individuals affected by wildfires.
However, taxpayers who live or operate businesses outside the designated disaster area are encouraged to contact the IRS disaster assistance line for support.
Individuals and businesses in Los Angeles County affected by fires starting on January 7, 2025, are eligible for a deadline extension.