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We disallowed the special credit listed below because you did not attach the required schedule. We revised or disallowed your Young Child Tax Credit because you made a math error on your Form 3514, California Earned Income Tax Credit. We disallowed your Head of Household filing status because the gross income for your qualifying person in Part III of California Form FTB 3532, Head of Household Filing Status Schedule, was blank or the amount exceeds the allowed amount. Gather: W-2s, tax return, related tax documents, proof of payment, if applicable (e.g. PO Box 1468 You made an error using the Dependent Tax Worksheet to calculate your tax. We disallowed your Earned Income Tax Credit/Young Child Tax Credit because you filed a Group return. The web pages currently in English on the FTB website are the official and accurate source for tax information and services we provide. We revised your Earned Income Tax Credit because one or more qualifying children exceed the age limit. We also considered any W-2s and forms 1099 reporting withholding that you provided with your tax return. We corrected an error and revised the amount of California adjusted gross income on your return. Notice of State Tax Lien in California. You made an error on your Schedule D when you entered your California gain or loss on Line 11. You made an error when you subtracted your Exemptions Credits from tax. For a complete listing of the FTBs official Spanish pages, visit La esta pagina en Espanol (Spanish home page). A profit and loss statement or schedule used to determine the business income and expenses reported on your tax On subsequent required tax returns, the tax cannot be less than the minimum franchise tax. You made an error on your Schedule D when you entered your difference on Line 12b. We disallowed your Earned Income Tax Credit/Young Child Tax Credit because you or your spouse/registered domestic partner (RDP) did not provide a valid social security number or federal individual taxpayer identification number (ITIN). Are incorporated or organized in California. Gather: Social Security card, Driver's License and/or identification cards. She sent in a check because she didn't want to pay the fee online, and the check cleared her bank. (c) One year from the date you overpaid your income taxes. of our state tax system. In addition, you must provide copies of the following supporting documentation to verify self-employment: Gather: A copy of your California income tax return. Date: (SIGNATURE OF DECLARANT) Page 2 of 2 . . This Google translation feature, provided on the Franchise Tax Board (FTB) website, is for general information only. We revised the subsidy amount because the monthly enrollment premium amount does not match the information provided to you on Form 3895, California Health Insurance Marketplace Statement. We revised or disallowed your Foster Youth Tax Credit because you or your spouse/registered domestic partner (RDP) did not meet foster youth requirements. This law applies to 2008 and 2009 tax years (R&TC Section 24416.9). We disallowed your Child and Dependent Care Expenses Credit because the full name of the qualifying person was not provided. New Donated Fresh Fruits or Vegetable Credit (Credit 238). We revised the Exemption Credit and Special Credit because you are subject to alternative minimum tax. (b) The amount exceeded the allowable amount based on your tax liability. The penalty is 50 percent of the interest that accrued on the balance due from the original due date of the tax to March 31, 2005. We revised your filing status to Single because of the information you provided on your California Form FTB 3532, Head of Household Filing Status Schedule. Your corporation incorporated or qualified through SOS on or after January 1, 2000. For additional information, please go to ftb.ca.gov and search for 3506 to refer to FTB 3506, Child and Dependent Care Expenses Credit instructions. All online tax preparation software. Do not include Social Security numbers or any personal or confidential information. We disallowed the lesser of your Dependent Parent Credit or your Joint Custody Head of Household Credit because you cannot claim both credits. We disallowed the contribution you requested because you have no credit available for the tax year. We disallowed your real estate or other withholding. Refer to the Form 3514 instructions for more information. You made an error calculating your Schedule CA California Taxable Income when you subtracted your CA Itemized/Standard Deduction from CA AGI. For forms and publications, visit the Forms and Publications search tool. Your corporation must formally dissolve to claim this credit. We revised your California adjusted gross income based on information from your Schedule CA (540NR). We revised your Exemption Credit to the correct amount for your entity type. We disallowed your Child and Dependent Care Expenses Credit because the social security numbers for your qualifying persons were: We revised your California Child and Dependent Care Expenses Credit because the amount of federal Child and Dependent Care Expenses Credit you entered on your return exceeded the maximum allowable amount based on the number of qualifying persons you entered on your return. We received an amended tax return from you. For additional information about penalties and fees, refer to R&TC Part 10.2, Division 2, Chapter 4, Article 7 (R&TC Section 19131 et seq.). When current year AGI exceeds $150,000 ($75,000 if married filing separately) but is less than $1,000,000 ($500,000 if married filing separately), they must pay in 110% of the prior year's amount to avoid the penalty. You made an error on your Schedule S when you calculated the percentage on Line 10. We disallowed your Child and Dependent Care Expenses Credit because you did not attach FTB 3506, Child and Dependent Care Expenses Credit to your tax return (federal Form 2441 for tax year 2000). You made an error on your Schedule D when you limited your loss on Line 9. We revised the subsidy amount because you made an error calculating your federal poverty line. (b) You incorrectly calculated the deduction percentage. You made an error when you calculated the Interest You Paid. . If you copied or typed in the web address, make sure it's correct. The board is composed of the California State Controller, . We revised the penalty amount because you indicated your household had health coverage for the entire year. We revised the penalty amount because you did not provide a date of birth (DOB) for one or more individuals listed on Form 3853, Health Coverage Exemptions and Individual Shared Responsibility Penalty. We reduced the special credit listed below to the maximum percentage of Taxable Income allowed for the credit. Gather: California Resident Income Tax Return (Form 540). 2022 California Code Revenue and Taxation Code - RTC DIVISION 2 - OTHER TAXES PART 11 - CORPORATION TAX LAW CHAPTER 17 . We processed your tax return using the standard deduction, which is greater than your itemized deductions. Mail: Franchise Tax Board MS 151 The Form W-2 contains all wages and tax information for an employee regardless of the . Gather: Social Security card for your qualifying children. single-stock futures.. Stock futures are contracts where the buyer is long, i.e., takes on the obligation to buy on the contract maturity date . We impose a $2,000 penalty if your entity is a nonqualified or forfeited foreign corporation or foreign LLC or a suspended domestic corporation or suspended LLC doing business in California and fails to file a tax return within 60 days of our Demand for Tax Return notice date. Based on the information you provided, we disallowed or adjusted your Earned Income Tax Credit because the address given for one or more of your qualifying children does not match your address for the required timeframe. We revised the amount of withholding you claimed on your tax return. You made an error on your Schedule S when you entered your California Tax Liability (without other state tax credit). The filing status revision may have affected your standard deduction, tax, and credits. Gather: Completed Form 3514, California Earned Income Tax Credit. In addition, the California Franchise Tax Board imposes a penalty equal to 0.5% of the total unpaid tax for each month after the initial 5% penalty. You made an error when you calculated your Adjusted Total Income or Loss. You made an error when you totaled your Schedule CA, Column C Adjustments to Income. These penalties reflect the law as enacted on September 21, 2011, for taxable years beginning on or after January 1, 2011. You incorrectly calculated your Total Taxable Income when you subtracted your standard or itemized deduction from adjusted gross income from all sources. Register | What you need to register Our adjustments may have affected the application of credits with carryover provisions. Under penalties of perjury, I declare that I have examined this 2011 California income tax return, including any. We revised the subsidy amount because you made an error calculating your annual federal Premium Tax Credit (PTC)amount. The tax year does not fall within the designated period to claim the disaster or terrorism loss. Review the site's security and confidentiality statements before using the site. You made a math error when you calculated your California Adjusted Gross Income. If you are a California (domestic) limited liability company (LLC), California (domestic) stock corporation, or California (domestic)/registered foreign (formed outside of California) nonprofit corporation, Franchise Tax Board (FTB) has the authority to abate, upon written request any unpaid qualified taxes, interest, and penalties for the We reduced the special credit listed below to the remaining tax balance that may be offset by the credit. We converted your direct deposit request to a paper check to ensure a timely refund. 10 You made an error calculating your excess tax which may be offset by credits when you transferred your Schedule P (540NR) Tentative Minimum Tax from Side II to Side III. We automatically allow an extension to file for all corporations and LLCs that are not suspended or forfeited by FTB or SOS. We revised the subsidy amount because you made an error calculating your household income. The paragraphs below explain which amount did not match. You made an error when you totaled your Schedule CA, Column E Adjustments to Income. Gather: Social Security card/ ITIN documents. We disallowed your Earned Income Tax Credit/Young Child Tax Credit because your filing status was Married/RDP Filing Separately. For additional information, go to ftb.ca.gov and search for 3506 to refer to FTB 3506, Child and Dependent Care Expenses Credit instructions. For each source of self-employment that you and your spouse/RDP (if filing jointly) reported, provide the following Disability Insurance (SDI), and PIT. These pages do not include the Google translation application. We do not control the destination site and cannot accept any responsibility for its contents, links, or offers. Gather: 1099-B, 1099-INT showing your investment income. You made an error when you transferred your itemized deductions to Schedule CA, Line 43. Limited Liability Companies as LLCs. Gather: Completed California Form 3532, Head of Household Filing Status Schedule, then contact or send your documents to the Franchise Tax Board: We disallowed your Head of Household filing status because you can be claimed as a dependent by someone else. You made an error when you transferred your Schedule CA Federal Adjusted Gross Income to your tax return. We combined the returns and recomputed your tax, resulting in a reduced refund. We revised the subsidy amount because you made an error calculating your monthly or annual contribution amount. We imposed penalties, fees, and/or interest on the tax year, which reduced your refund amount. The 2022 Form W-2 includes warrants/payments with issue dates of January 1, 2022 through December 31, 2022. (R&TC Section 19011). the California Unemployment Insurance Code (CUIC) C. Penalty Determination - Section 1112.5 of the CUIC 48. . We corrected the amounts of credits and deductions to the proper amount for the tax year indicated by the attachments we received with your return. Your tax return was incomplete. We revised or disallowed your Foster Youth Tax Credit because you or your spouse/registered domestic partner (RDP) did not meet the age requirements. Review: Use your MyFTB Account to review your estimated tax payments to make sure they match the amount you sent. We disallowed your Child and Dependent Care Expenses Credit because you did not attach FTB 3506, Child and Dependent Care Expenses Credit to your tax return. The FTB will generally consider an offer in compromise if you can prove that you have no way to pay your outstanding taxes, and when the amount offered is "the most the Franchise Tax Board can expect to collect within a reasonable period of time.". Please review the California Form FTB 3532, Head of Household Filing Status Instructions or FTB Publication 1540 for more information. However, to avoid late payment penalties and interest, you must pay the tax due by the original tax return due date. We cannot guarantee the accuracy of this translation and shall not be liable for any inaccurate information or changes in the page layout resulting from the translation application tool. You made an error on your Schedule D-1 when you entered your difference on Line 21b. We revised the subsidy amount because you made an error calculating your repayment limitation. You made an error when you calculated your overpaid tax. We strive to provide a website that is easy to use and understand. Log in to your MyFTB account. You made an error when you calculated your Schedule CA Deduction Percentage. Your corporations tax cannot be less than the minimum franchise tax, if it incorporated or qualified before January 1, 2000. You made an error when you added your CA Regular Tax Before Credits and G-1/5870A Taxes. After we deduct your timely payments and credits, we charge 5 percent monthly on the fee and/or nonconsenting nonresident members tax indicated on your tax return, not to exceed 25 percent. Refer to the Form 3514 instructions for more information. We are revising your net operating loss (NOL) carryback amount that your corporation reported on its tax return since NOL carrybacks are not allowed for any NOL attributable to taxable years beginning after December 31, 2018 pursuant to California Revenue and Taxation Code Section 24416(d)(1). 2. If you write or fax information to us, include copies of the enclosed notice and any supporting documents. Gather and review all relevant tax documents to check for errors. It is less than the gross profit calculated on Form 568. Another corporation owned 50 percent or less of its stock. We disallowed your Earned Income Tax Credit/Young Child Tax Credit because the social security number or federal individual taxpayer identification number (ITIN) for you or your spouse/registered domestic partner (RDP) was allowed for a qualifying child on another tax return. We revised your Child and Dependent Care Expenses Credit because another taxpayer also used at least one of the qualifying persons social security numbers you provided on your tax return. PO Box 1468 The due date of the return if filing form 109. You made an error when you calculated your itemized or standard deduction on Schedule CA. If you disagree with our adjustments or you need clarification, contact us by phone, fax, or mail. 19133.5. Any certification, license, permit or registration required for your business (taxicab, cosmetology, food service, You made an error when you totaled your Schedule CA, Column E income. For forms and publications, visit the Forms and Publications search tool. Therefore, your entity may owe penalties and interest even if its tax return shows that a refund is due. We impose the Late Filing Penalty in addition to the Delinquent Penalty (R&TC Section 19172.5). You made an error when you transferred your CA Regular Tax Before Credits to Line 42. We disallowed your Dependent Exemption because you cannot claim yourself or your spouse/RDP as a dependent. Filing Compliance Bureau MS F151 We revised your Earned Income Tax Credit/Young Child Tax Credit because you made an error when you calculated your earned income. An estate or trust that has real estate or other withholding should only claim the credit if the estate or trust did not distribute the related income in the current year. An entity that has a Statement of Information on file for the current filing period may complete the form on this page to submit a penalty waiver request for review. return, along with: Please review your completed Form 3514, California Earned Income Tax Credit to confirm your entries and calculations are correct. We disallowed your generated new employment credit because you did not claim the credit on a timely filed original tax return. You receive this notice when we correct one or more mistakes on your tax return. These pages do not include the Google translation application. We translate some pages on the FTB website into Spanish. Self-employed taxes. Gather: Proof of your earned income (W-2, W-2C, 1099 forms) and final year-to-date pay stub(s). The amount depends upon when it files Form 199 and it makes the payment (R&TC Section 23772). Franchise Tax Board The penalty is 40 percent of the underpayment. As a result, we revised the tax return. Late payment of tax penalty (underpayment and monthly penalty): Individuals and businesses Estimated tax penalty: Individuals and businesses Bad check penalty (dishonored payment penalty): Individuals and businesses Mandatory e-Pay penalty: Individuals and businesses Penalty for Underpayment of Estimated LLC Fee We disallowed your Earned Income Tax Credit/Young Child Tax Credit because your federal adjusted gross income exceeds the limit for your number of qualifying children. Due to the change in your adjusted gross income from all sources, we also revised the percentage of California adjusted gross income to total income from all sources. We revised the subsidy amount because you do not qualify for a repayment limitation. Your Schedule CA subtraction of Unemployment Compensation cannot be larger than the federal amount. California does a good job of aggressively drawing people into its tax net of high individual (13.3 percent) and business (8.84 percent) tax rates. You made an error when you transferred your Schedule CA California Taxable Income to your tax return. Reasonably estimated its California tax liability, which it bases upon its income, would not exceed $800. We revised your Earned Income Tax Credit/Young Child Tax Credit because the individual taxpayer identification number of one or more qualifying children was allowed on another tax return. Interest and estimate penalty rates FTBcagov. We revised your Earned Income Tax Credit/Young Child Tax Credit because you made an error when you transferred your wages from your tax return to Form 3514, California Earned Income Tax Credit. You made an error when you calculated your CA Prorated Standard Deduction. For tax year 2004 and after, the nonresident earned income must be from a California source. The Franchise Tax Board will revise the above amounts annually under Revenue and Taxation Code section 17041, Subdivision (h). Business bank statements and credit card statements supporting your business income (covering at least 2 months) Do not include Social Security numbers or any personal or confidential information. You must file your claim within three years of the due date of the tax return for the year you paid the excess SDI/VPDI. Los Angeles Revitalization Zone Hiring & Sales or Use Tax, Enterprise Zone Hiring & Sales or Use Tax, New California Motion Picture and Television Production. You made an error when you transferred your Schedule P Alternative Minimum Tax to your tax return. We impose a penalty if your entity does not pay, pays late, or underpays an estimated tax installment. We impose a late filing penalty if an S corporation fails to file a tax return by the extended due date or if the return fails to contain the required information (incomplete). We revised your Earned Income Tax Credit because you made an error calculating the credit amount. You made an error when you combined your Schedule CA, lines 26 and 27. We revised your Senior Exemption Credit to the correct amount. Review: the math on your copy of your California tax return. You made an error when you subtracted your Schedule CA, Line 39 amount from your Federal Itemized Deductions. You made an error when you calculated the Taxes You Paid. You can also search our site by starting from the home page . Gather: Your Form 3514, California Earned Income Tax Credit and tax return. Page not found. Gather: Please review the instructions for the California Form FTB 3532, Head of Household Filing Status Schedule. We revised or disallowed your Earned Income Tax Credit because you did not substantiate your business activity and the wages claimed. You cannot claim this credit when your qualifying person is 13 years old or older unless they are disabled. We disallowed your Long-Term Care Credit because your California adjusted gross income is $100,000 or more, which is over the qualifying maximum amount. e-Services | Access Your Account | California Franchise Tax Board Access Your Account *= Required Field Privacy Policy * User Name Forgot user name * Password Forgot password Passwords are case sensitive * Type the characters from the picture New User? Contact the entity that issued the schedule K-1. We list penalty codes by Revenue and Taxation Code (R&TC) sections and reference comparable Internal Revenue Code (IRC) sections. We revised your Child and Dependent Care Expenses Credit because you made an error when you limited your qualifying expenses on Line 3. You made an error when you totaled your Exemption amount. You made an error calculating your Schedule CA Itemized/Standard Deduction when you multiplied your deductions by the Deduction Percentage. The penalty is 5 percent of the unpaid tax and/or fee, plus 0.5 percent of the unpaid tax and/or fee for each month or part of a month it remains unpaid, not to exceed 40 months. You made an error when calculating the Payments after Individual Shared Responsibility Penalty on your tax return. Consequently, taxpayers can find the form for filing a penalty abatement request with the FTB at, https://www.ftb.ca.gov/forms/misc/2917.pdf. We revised your claim for State Disability Insurance (SDI) or Voluntary Plan Disability Insurance (VPDI). Refer to the Form 3514 instructions for more information. Incorporated or qualified with SOS on or after January 1, 2000. We disallowed your Head of Household filing status because your qualifying person's name or social security number in Part III of California Form FTB 3532, Head of Household Filing Status Schedule was blank or is invalid. We revised your filing status because you do not have a dependent. We disallowed the special credit listed below because it is not available in this tax year. We revised the corresponding lines on your corporations tax return. We revised your Earned Income Tax Credit/Young Child Tax Credit because you made an error when you transferred your federal adjusted gross income from your tax return to Form 3514, California Earned Income Tax Credit. You made an error when you calculated your Tax Liability. Phone: 916.845.7088 Program 3.0 California Motion Picture and Television Production. We disallowed your Earned Income Tax Credit because you did not have earned income.
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