California extends tax return deadline for Los Angeles County residents due to wildfires

California Governor Gavin Newsom has extended the tax return deadline for Los Angeles County residents to October 15, 2024, due to recent wildfires. This aligns with a federal extension for wildfire victims. The extension comes as the Palisades fire becomes the largest in LA County history, prompting a state of emergency declaration. President Biden has also declared the wildfires a major disaster. Taxpayers affected by the wildfires can now claim deductions for disaster losses.