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e-file | Frequently Asked Questions - Franchise Tax Board ...

Which forms and schedules can be e-filed?

What is individual e-file?

Individual e-file allows you to file your return or stand-alone EFW payment electronically using software. Nearly all taxpayers can e-file their personal income tax return and stand-alone EFW payment, including those filing nonresident or part-year resident returns.

Taxpayers also have the ability to submit a...

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Limited Liability Company (LLC) | California Franchise Tax ...

Limited Liability Company (LLC)

An LLC is a hybrid business entity that blends elements of partnership and corporate structures. The LLC's main advantage over a partnership is that, like the owners (shareholders) of a civil law corporation, the liability of the owners (members) of an LLC for debts and obligations of the LLC is limited to their financial investment. However, like a general...

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Tax News February 2018 | California Franchise Tax Board

New standard deductions, exemptions, contributions, and more.

Standard Deductions

Single, or married/RDP filing separate - Increased from $4,129 to $4,236.

Married/RDP filing joint, qualified widower, or head of household - Increased from $5,258 to $8,472.

Personal Exemptions

Single, married/RDP filing separate, or head of household - Increased from $111 to $114.

Married/RDP filing joint or...

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S Corporation | California Franchise Tax Board

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S Corporation

An S corporation is a corporation formed under state civil law or any business entity (such as a partnership or LLC that elects to be taxable as a corporation for tax purposes) that elects under federal law to be taxed under Subchapter S. An entity that has elected to be taxable as an S corporation for federal tax purposes is also treated as an S...

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C Corporation | California Franchise Tax Board

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C Corporation

A corporation is an entity formed under state civil law that is a separate legal entity owned by shareholders. A corporation is generally taxed under Internal Revenue Code, Subtitle A, Chapter 1, Subchapter C, unless it elects to be taxed under Subchapter S. Corporations taxed under Subchapter C (C corporations) are taxed annually on their earnings, and...

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California Earned Income Tax Credit (Cal EITC ...

We created five notices to help administer the new CalEITC. All CalEITC notices are tax year specific. If you receive one of these notices, please read it carefully as it will contain specific information to assist you in responding.

The following is a brief description of each notice:


Reason you received it

FTB 4502, Additional Documentation Required - Refund Pending

We send this notice...

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Partnership | California Franchise Tax Board

Partnership and Limited Partnership

A partnership involves two or more persons carrying on a business for profit. The partnership is not a separately taxed entity, but rather, a conduit where the profit or losses of the partnership flow through to the partners. There are two basic types of partnerships:

General partnership

Limited partnership

A general partnership involves two or more persons who...

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Payment Options - Voluntary Compliance Initiative 2 (VCI 2 ...

Tax Deposit for Individuals

When you make your payment, you must identify your payment as a tax deposit.

If you use the Web Pay option, you must file your Participation Agreement and amended return by fax at 916.845.9000 at the same time you make your payment.

Note: If you are a mandatory e-pay taxpayer, you must make electronic payments using Web Pay.

You will need the following to use Web...

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Earnings Withholding Orders for Taxes (EWOT) - Employer ...

Do I need to call the Franchise Tax Board when I receive an order?

No. Complete and return the Employer's Acknowledgement, Page 2A (and Page 2B if applicable) of the EWOT to us within 15 days of receiving it.

The employee is no longer with my company. What should I do with the order?

If the employee no longer works for you and left within the past 12 months,...

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Date: 2016-07-07 21:08:21

Related topics : social security withholding tax / employee withholding tax / employer withholding tax / what is tax withholding / withholding tax