Why did I get a bill from Franchise Tax Board?

You made a mistake. They either claim an improper deduction or make a mistake in the math and consequently underpay the taxes they owe. The Franchise Tax Board will review your return and make corrections and then bill you the difference. Once again, you may be subject to a late filing penalty.

How do I contact the Franchise Tax Board?

To inform callers and the department that effective July 16, 2020, the Franchise Tax Board’s Customer Service phone number (800) 852-5711 hours of operation are 8 AM – 5 PM, Monday through Friday, except state holidays.

Is Franchise Tax Board same as IRS?

The Franchise Tax Board (FTB) is the California tax agency that collects and enforces state income tax assessment and collection. In many situations, the FTB operates similarly to the Internal Revenue Service (IRS).

Will Franchise Tax Board ask for social security number?

Current federal and state tax laws generally require that an individual’s SSN be used as the identifying number for that individual with regard to income taxes. The FTB may disclose taxpayer information only in limited circumstances and only to specific agencies as authorized by law.

Does the Franchise Tax Board call people?

The Franchise Tax Board (FTB) normally doesn’t make “cold” calls to taxpayers. Generally, they will contact a taxpayer by mail about an incomplete or questionable item on their return.

What is the best time to call the Franchise Tax Board?

8 AM to 5 PM PT
8 AM to 5 PM PT (general and MyFTB)

Can the Franchise Tax Board taking money from bank account?

The FTB has the authority to take 100 percent of the balance owed directly out of your bank account. They can also garnish your wages and file tax liens against your property when collecting unpaid tax liabilities.

What happens if you don’t pay California Franchise Tax?

The California Franchise Tax Board imposes a penalty if you do not pay the total amount due shown on your tax return by the original due date. The penalty is 5 percent of the unpaid tax (underpayment), plus 0.5 percent of the unpaid tax for each month or part of a month it remains unpaid (monthly).

Can the Franchise Tax Board garnish my wages?

If you fail to file your tax return or if you owe back taxes, a CA State Franchise Tax Board wage garnishment, known as an Earnings Withholding Order for Taxes (EWOT), may be imposed upon you. This is where a portion of your wages is withheld and paid to the Franchise Tax Board.

How do I get a live person at the Franchise Tax Board?

California Franchise Tax Board Customer Support Phone is 1-800-852-5711. Live customer service representatives from California FTB are available from 8am to 5pm Monday-Sunday. For Customer service from Outside the US you need to dial 1-916-845-6500. For Automated help you need to dial 1-800-338-0505.

Can Franchise Tax Board take your unemployment?

The Franchise Tax Board may withhold all or a portion of your California state income tax refund. The unemployment insurance overpayment debt may be referred to the IRS, which will reduce or withhold any Federal income tax refund.

Who is the CEO of the Franchise Tax Board?

Selvi Stanislaus was appointed Executive Officer of the Franchise Tax Board (FTB) on January 11, 2006. As FTB’s fourth executive officer and the first woman to hold the post, Selvi oversees the second-largest tax department in the nation, with more than 6,000 employees in California and its three out-of-state offices.

Is the Franchise Tax Board open to the public?

The California Franchise Tax Board (FTB) has launched its Open Data Portal initiative in order to increase public access to one of the State’s most valuable assets – non-confidential personal income tax, corporate tax, and other tax-related data.

How to contact the Franchise Tax Board in ca?

Your feedback is important to us. Please send your comments and suggestions to [email protected]. Personal income tax statistics that have been summarized from returns filed since 1955. This data does not contain personally identifiable information.

What kind of data does the Franchise Tax Board have?

Other Franchise Tax Board data that is not categorized as Personal Income Tax or Corporate Income Tax including the Tax Expenditure Report and Department of Finance Exhibits