You incorrectly calculated your CA Tax Before Exemption Credits when you multiplied your CA Taxable Income by your CA Tax Rate. Please review the "Total Itemized Deductions" entries on your Schedule CA (540), California Adjustments - Residents form. Exceptions - Reasonable cause and not willful neglect. We denied your coverage exemption because the Medi-Cal program you enrolled in is not considered minimum essential coverage. You made an error calculating your Schedule CA California Taxable Income when you subtracted your CA Itemized/Standard Deduction from CA AGI. Review: Your exemption credits on your return. They do not pay the full balance due within 30 days of the original notice date. We strive to provide a website that is easy to use and understand. If you . We disallowed your Earned Income Tax Credit/Young Child Tax Credit because you did not provide the qualifying childs relationship to you. Penalty code "B" doesn't mean anything when I search online. Page number: We do not control the destination site and cannot accept any responsibility for its contents, links, or offers. If you disagree with our revision, please call the Withholding Services and Compliance Section at 888.792.4900, or send your explanation and supporting documents to us by fax at 916.845.9512, or mail to FRANCHISE TAX BOARD, PO BOX 942867, SACRAMENTO, CA 94267-0651. Review: Check your tax return; compare the amounts and identification numbers from your withholding documents. We revised the subsidy amount because the monthly Second Lowest Cost Silver Plan (SLCSP) premium amount does not match the information provided to you on Form 3895, California Health Insurance Marketplace Statement. You filed after the New Jobs Credit cutoff date. Schedule C-EZ, Net Profit from Business You incorrectly calculated your Refund when you subtracted your Use Tax and Total Contribution from your Overpaid Tax. Therefore, your entity may owe penalties and interest even if its tax return shows that a refund is due. California and Out-of-State Taxpayers: Amnesty Penalties Questioned Imagine receiving a letter from your bank stating your account will be levied in a matter of days because the California Franchise Tax Board (FTB) has determined you have a tax liability dating back 19 years. If you make future estimate payments, you must use Form 540NR Long instead of Form 540NR Short. We revised your Earned Income Tax Credit/Young Child Tax Credit because one or more qualifying children did not live with you in California the required number of days. Send any written correspondence to: If your corporation carries tax credits over to a subsequent year, then revise that amount on the subsequent year accordingly. California Franchise Tax Board Penalty Code B You made an error when you subtracted your Total Tax Withheld from your Tax. Our goal is to provide a good web experience for all visitors. You incorrectly calculated the tax amount on your tax return. We revised your Foster Youth Tax Credit because you incorrectly transferred the credit amount from your Form 3514, California Earned Income Tax Credit, to your tax return. You made an error when you calculated your Schedule CA Deduction Percentage. (c) You are only entitled to part of the credit because you are a part-year resident of California. We list penalty codes by Revenue and Taxation Code (R&TC) sections and reference comparable Internal Revenue Code (IRC) sections. The paragraphs below explain why. 2. Gather: Social Security card/ ITIN documents. Based on the information you provided, we disallowed or adjusted your Earned Income Tax Credit/Young Child Tax Credit because we could not confirm the qualifying children you claimed to qualify you for the credit. We recalculated your refund based on an error with your Total Voluntary Contributions and/or because we imposed penalties and interest. We revised the subsidy amount because you made an error calculating your monthly Premium Assistance Subsidy (PAS) amount allowed. contractor, vendor, etc.) You made an error when you totaled your Schedule CA, Column E income. Are you sure you want to close your chat? (c) You incorrectly calculated the California deduction amount. We disallowed your Child and Dependent Care Expenses Credit. Any certification, license, permit or registration required for your business (taxicab, cosmetology, food service, Interest and estimate penalty rates FTBcagov. 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. You incorrectly calculated your CA Taxable Income when you subtracted your CA Prorated Standard Deduction from your CA Adjusted Gross Income. We adjust interest rates semiannually (R&TC Section 19521). Program 3.0 California Motion Picture and Television Production. You made an error when you subtracted your Schedule CA, Line 39 amount from your Federal Itemized Deductions. Directors are not allowed to claim any credits. To claim the credit you must have earned income. 19133.5. Do not include Social Security numbers or any personal or confidential information. 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. Gather: Your California tax return Review: Your exemption credits on your return. Phone: 888-635-0494 Collections (option 3, option 3, option 0) 800-852-5711 Main (taxpayer service center, general questions) Wait Times: Wait times can be quite long if you call during the middle of the day. California Revenue and Taxation Code as R&TC. You incorrectly calculated your CA Regular Tax Before Credits. The 2022 Form W-2 includes warrants/payments with issue dates of January 1, 2022 through December 31, 2022. 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 calculating your Overpaid Tax. We based our adjustment on information provided on your tax return, its attachments, and information provided to us by other tax agencies and your employer. We revised your total tax. We denied your coverage exemption because you do not qualify based on information you provided on Form 3853, Health Coverage Exemptions and Individual Shared Responsibility Penalty. You incorrectly calculated your CA Tax Rate when you divided your Tax by your Total Taxable Income. You made an error when you calculated your Total Itemized Deductions. We could not verify your withholding through your employer. 6652 (k). We revised the subsidy amount because you made an error calculating your federal poverty line. All online tax preparation software. 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. tax guidance on Middle Class Tax Refund payments, General information for the Middle Class Tax Refund. We do not control the destination site and cannot accept any responsibility for its contents, links, or offers. You made an error on your Schedule S when you calculated the percentage on Line 10. We revised your Foster Youth Tax Credit because you incorrectly transferred your California Earned Income from your tax return to your Form 3514, California Earned Income Tax Credit. We revised the subsidy amount because you made an error calculating your monthly or annual contribution amount. We disallowed your Child and Dependent Care Expenses Credit because FTB 3506, Child and Dependent Care Expenses Credit was incomplete (federal Form 2441 for tax year 2000). We revised the corresponding lines on your corporations tax return. We revised your Earned Income Tax Credit/Young Child Tax Credit because a qualifying childs social security number (SSN) or federal individual taxpayer identification number (ITIN) was the same as another persons SSN or ITIN on the tax return. You incorrectly calculated your CA Regular Tax Before Credits when you subtracted your CA Prorated Exemption Credits from your CA Tax Before Exemption Credits. FTB 3816 (REV 11-96) SIDE 1. You made an error when you transferred your Schedule CA Itemized or Standard Deduction to your tax return. Your organization files and pays after the original due date, but on or before the extended due date. You made an error when you subtracted your Exemptions Credits from tax. We revised or disallowed your Earned Income Tax Credit because you did not substantiate your business activity and the wages claimed. We revised your Exemption Credits to the correct amount for the tax year. You made an error when you subtracted your Schedule CA, Column D Total Adjustments to Income from Total Income. All Rows We had a $265,000 FTB debt settle for $225. The CA Franchise Tax Board does not charge a first-year fee for new businesses formed in the last 15 days of the year. You cannot claim this credit when your qualifying person is 13 years old or older unless they are disabled. We disallowed your Young Child Tax Credit because you did not qualify for the Earned Income Tax Credit. You made an error on your Schedule D when you totaled your current year loss and your carryover loss. 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. Contact or submit documents to the Filing Compliance Bureau: You did not file a timely claim. Gather: Complete copy of your California 540NR. contractor, vendor, etc.) For returns due prior to 01/01/2021, refer to the following information. For a complete listing of the FTBs official Spanish pages, visit La esta pagina en Espanol (Spanish home page). This may have affected your claimed and/or carryover amount. Sacramento, CA 95812-1462, Gather: Your Form 3514, California Earned Income Tax Credit and your Form 540 or 540NR tax return to confirm your entries and calculations are correct. The amount of adjusted gross income shown on your tax return was incorrect. Enter the code below and find out what you need to do. We strive to provide a website that is easy to use and understand. We disallowed your Earned Income Tax Credit/Young Child Tax Credit because you filed a Group return. Mail: Franchise Tax Board MS 151 Our goal is to provide a good web experience for all visitors. We revised or disallowed your Other State Tax Credit because the other state listed was California or not a U.S. state/possession. We denied your coverage exemption because your health coverage is considered affordable based on your applicable household income. We revised the subsidy amount because the annual enrollment premium does not match the information provided to you on Form 3895, California Health Insurance Marketplace Statement. Domestic partnerships that do not register with the Secretary of State are not limited partnerships. Online Using Form FTB 8453-OL. . Our adjustments may have affected the application of credits with carryover provisions. You made an error on your Schedule D-1 when you entered your difference on Line 21b. 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 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. B-1, Adjusted Gross Income, Taxable Income, and Tax Liability By We transferred the minimum amount the law requires for the first estimate due on the subsequent year. Check if you qualify for these cash-back credits: CalEITC, expanded Young Child Tax Credit, and new Foster Youth Tax Credit. Schedule SE, Self-Employment Tax We impose a penalty when you have a past-due tax liability for a year that was eligible for tax amnesty(i.e., beginning before January 1, 2003), but you did not resolve your tax obligation. e-Services | Page not found | California Franchise Tax Board This Google translation feature, provided on the Franchise Tax Board (FTB) website, is for general information only. (b) Real Estate Sales - Information Returns. If inactive or operating at a loss, no minimum franchise tax is due. If you have any issues or technical problems, contact that site for assistance. 1346 - California Franchise Tax Board - State of California. If your schedule was incorrect, then complete California Form FTB 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 your qualifying persons date of birth in Part III, on your California Form FTB 3532, Head of Household Filing Status Schedule, was blank or invalid. Los Angeles Revitalization Zone Hiring & Sales or Use Tax, Enterprise Zone Hiring & Sales or Use Tax, New California Motion Picture and Television Production. 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. We denied your coverage exemption because you are a citizen, national of the United States (U.S.), or lawfully present in the U.S. See Government Code Section 100705(c)(4). Because your corporations net income after state adjustments (pre-apportioned income) exceeds $300,000, it cannot deduct the Net Operating Loss (NOL) carryover. Your qualifying person on FTB 3506 was 13 years old or older. Your Schedule CA subtraction of Domestic Production Activities Deduction cannot be less than the federal amount. You made an error on your Schedule D-1 when you entered your difference on Line 21a. We revised or disallowed your special credits. We revised your Earned Income Tax Credit/Young Child Tax Credit because the social security number or federal individual taxpayer identification number of one or more qualifying children was allowed on another tax return. We disallowed your Earned Income Tax Credit/Young Child Tax Credit because your filing status was Married/RDP Filing Separately and one or both of the following reasons applies: you do not have a qualifying child or you did not indicate you meet the Married/RDP filing separately requirements on the FTB 3514, California Earned Income Tax Credit. We converted your direct deposit request to a paper check to ensure a timely refund. We revised the subsidy amount because you made an error calculating your repayment limitation. We revised or disallowed your claimed withholding because you did not respond to our notice, FTB 4538 ENS, Tax Information and Document Request. We revised the subsidy amount because you do not qualify for a repayment limitation. FTB Pub. 1346 - California Franchise Tax Board - State of - YUMPU You made an error when you transferred your CA Regular Tax Before Credits to Line 42. You did not provide the physical address of the daycare facility on form FTB 3506, Child and Dependent Care Expenses, attached to your tax return. Less than 50 percent of its stock was owned by another corporation. We revised or disallowed your Foster Youth Tax Credit because you or your spouse/registered domestic partner (RDP) did not meet foster youth requirements. Schedule F, Profit or Loss from Farming You made an error when you calculated your Tax Liability. $50 for each report. Review the site's security and confidentiality statements before using the site. 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. Review the site's security and confidentiality statements before using the site. The penalty is 5 percent of the unpaid tax, plus 0.5 percent of the unpaid tax for each month or part of a month it remains unpaid, not to exceed 40 months. We disallowed your Dependent Parent Credit because of one of the following reasons: (a) You claimed the Joint Custody Head of Household Credit (you cannot claim both credits). PO Box 1468 (R&TC Section 19133) The demand to file penalty is in addition to the 25 percent late filing penalty discussed above imposed pursuant to R&TC Section 19131. of state, must file an annual franchise tax return and pay a minimum annual tax . If you disagree with this, please mail us a copy of your qualifying persons birth certificate, any documents showing your qualifying persons correct social security number, and, if applicable, the complete child custody agreement for this tax year. Phone: 916.845.7088. Collection Agency LinebargerPennsylvania collection agencies can help PDF Penalty Reference Chart - California The penalty is 10 percent of the underpaid fee. 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. Gather: Your Form 3514, California Earned Income Tax Credit. This could affect the percentage used to compute tax on your tax return. . We disallowed your Earned Income Tax Credit/Young Child Tax Credit because you did not provide the qualifying childs relationship to you. If the estate or trust distributed the related income, the estate or trust should prepare Form 592 and Form 592 B to distribute the credit to the beneficiaries who will report the taxable income and claim their share of the credit on their California income tax returns. Use CalFile to file your California tax return directly to us for free.
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