Torts/Personal Injury,
Tax
Dec. 10, 2025
Wildfire victims face Dec. 12 deadline for certain IRS tax refunds
Taxpayers who paid income tax on wildfire lawsuit recoveries from 2020 or 2021 may be eligible for refunds -- but the window to act is closing fast.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
There's been considerable confusion over the federal and state exclusions that can shield wildfire lawsuit recoveries from income. We can't reprise all of those issues here, but we can stress the most urgent one. If you received a lawsuit recovery in 2020 or 2021 in connection with a federally declared wildfire and paid taxes on your recovery, you may be entitled to a tax refund if you act quickly.
In late 2024, Congress enacted legislation to make many wildfire legal set...
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