Refer to the Form 3514 instructions for more information. We revised your Young Child Tax Credit because you incorrectly transferred the credit percentage from your tax return, to your Form 3514, California Earned Income Tax Credit. We disallowed the special credits you did not identify on your tax return. Impacted by California's recent winter storms? We limited your Exemption Credits based on your federal adjusted gross income. Did not reorganize solely to avoid payment of the minimum tax. We revised your Earned Income Tax Credit/Young Child Tax Credit because a qualifying childs individual taxpayer identification number (ITIN) was the same as another persons ITIN on the tax return. You made an error calculating your Tax Due. If you copied or typed in the web address, make sure it's correct. California Revenue and Taxation Code as R&TC. Contact or submit documents to the Filing Compliance Bureau: We revised the net Premium Assistance Subsidy (PAS) repayment amount because you made an error when you transferred your repayment amount from Form 3849, Premium Assistance Subsidy, to your tax return. This law applies to 2010 and 2011 tax years (R&TC Section 24416.21). Fax: 916.845.9351 If you have any issues or technical problems, contact that site for assistance. Other common penalties include the "estimated tax penalty" and the "demand to file penalty." of our state tax system. Schedule C-EZ, Net Profit from Business We adjusted your claim for State Disability Insurance (SDI) or Voluntary Plan Disability Insurance (VPDI). For additional information, go to ftb.ca.gov and search for 3506 to refer to FTB 3506, Child and Dependent Care Expenses Credit instructions. Report. We disallowed the special credit listed below because you cannot claim it when you are subject to alternative minimum tax. Any certification, license, permit or registration required for your business (taxicab, cosmetology, food service, 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. Phone: 916.845.7088 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 revised the California taxable income on your tax return for one or more of the following reasons: (a) You made an error calculating or transferring taxable income. Your Schedule CA subtraction of Social Security Benefits cannot be larger than the federal amount. The undersigned certify that, as of July 1, 2021 the internet website of the Franchise Tax Board is designed, developed and maintained to be in compliance with California Government Code Sections 7405 and 11135, and the Web Content Accessibility Guidelines 2.1, or a subsequent version, as of the date of certification, published by the Web Accessibility Initiative of the World Wide Web Consortium at a minimum Level AA success criteria. We disallowed your Young Child Tax Credit because you claimed an excess of net loss and/or an excess in wages for a zero income return. You made an error when you subtracted your Schedule CA, Line 39 amount from your Federal Itemized Deductions. Mail: Franchise Tax Board MS 151 We disallowed your Dependent Exemption Credit(s) because FTB 3568, Dependent Identification Number Requirement Exception, was incomplete and/or did not include identification document(s). Gather: Your California 5402EZ tax return. (b) You incorrectly used the ratio to calculate the tax amount and credits. Schedule C-EZ, Net Profit from Business We disallowed the contribution you requested. $50 upon certification by the Secretary of State under Corporations Code Sections 6810 and 8810. 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. You owed money to a government agency, which may include us. We revised or disallowed your other State Tax Credit because the other state does not have an income tax or because you were a nonresident of California and the state for which you claimed the credit is not a "reverse credit state". 2021, the internet website of the California State Board of Equalization is designed, developed and maintained to be in compliance with California Government Code Sections 7405 and 11135, and the Web Content Accessibility Guidelines 2.1, Level AA success criteria, published by the Web . We revised the penalty amount because you indicated your household had health coverage for the entire year. We corrected an error and revised the amount of California adjusted gross income on your return. We revised your Earned Income Tax Credit/Young Child Tax Credit because you or your spouse/RDP did not provide a valid individual taxpayer identification number (ITIN). Sacramento, CA 95812-1462. For additional information, go to ftb.ca.gov and search for 3506 to refer to FTB 3506, Child and Dependent Care Expenses Credit, instructions. We disallowed your Foster Youth Tax Credit because you did not qualify for the Earned Income Tax Credit. Date: (SIGNATURE OF DECLARANT) Page 2 of 2 . We revised the subsidy amount because the annual Second Lowest Cost Silver Plan (SLCSP) premium does not match the information provided to you on Form 3895, California Health Insurance Marketplace Statement. We also considered any W-2s and forms 1099 reporting withholding that you provided with your tax return. We revised the penalty amount because you did not provide a valid coverage or exemption code. The amount depends upon when it files Form 199 and it makes the payment (R&TC Section 23772). If you want to contribute to this fund, contact the fund directly. STATE OF CALIFORNIA FRANCHISE TAX BOARD PO BOX 94284A SACRAMENTO CA 94240-OO4O DS36 Notice Date: 10126116 Account: 1 1 01 8251 82 Tax Years: 1997,1996,1995 Account Status Notice -t GRACE E HUNTLEY 6790 S EUREKA LN PRESCOTT (###) ###-####7620 We serrt yorr this notiee for infnrmational prrrposes only. For returns due on or after 01/01/2021, no filing fee is required. Your Schedule CA subtraction of Taxable Refunds of State and Local Income Taxes cannot be larger than the federal amount. We do not have a record of your credit reservation from the California Department of Tax and Fee Administration. Impacted by California's recent winter storms? Email Penalty Waivers for Failing to File Statement of - California We revised your Earned Income Tax Credit/Young Child Tax Credit because one or more qualifying children did not have a valid social security number or federal individual taxpayer identification number. Gather dependent's social security card or IRS ITIN documentation. 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.". You made an error on your Schedule D-1 when you transferred your ordinary California gains and losses from Line 18b to Line 20. 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. Franchise Tax Board contractor, vendor, etc.) You made an error when you calculated Amount You Owe. Please review the "Interest You Paid" section on your Schedule CA (540), California Adjustments - Residents form. We revised the subsidy amount because you do not qualify for a Premium Assistance Subsidy (PAS). Gather: Completed 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 in Part I of California Form FTB 3532, Head of Household Filing Status Schedule, you indicated you were married and lived with your spouse during the last 6 months of the tax year. 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 disallowed or revised your Nonrefundable Renters Credit for one or more of the following reasons: (a) You claimed the wrong amount for your filing status. We disallowed your Earned Income Tax Credit/Young Child Tax Credit because you did not attach Form 3514, California Earned Income Tax Credit, or it was incomplete. We disallowed your Earned Income Tax Credit/Young Child Tax Credit because you, or you and your spouse/RDP did not provide your Date of Birth (DOB). Please review your completed Form 3514, California Earned Income Tax Credit to confirm your entries and calculations are correct. The amount we substantiated from Forms 592-B and 593, which your business entity attached to its tax return. RTC Code 25114 - 25114. ( Rev. Gather: Form 540, California Resident Income Tax Return. You made an error when you added up your Total Tax. The minimum tax for the second tax year of a qualified new corporation was $500. Schedule C, Profit or Loss from Business We revised or disallowed your Other State Tax Credit because you were not included in a group nonresident return for the other state or you were not a dual resident of Virginia. We revised the subsidy amount because the Annual Advance Payment of the Premium Assistance Subsidy (APAS) amount does not match the information provided to you on Form 3895, California Health Insurance Marketplace Statement. You made an error calculating your Amount Due. The maximum penalty is $40. Schedule SE, Self-Employment Tax You need california franchise tax. It is less than the gross profit calculated on Form 568. canceled check, transaction number, etc.) Review the site's security and confidentiality statements before using the site. You made an error when you transferred your Schedule CA Federal Adjusted Gross Income to your tax return. Review the site's security and confidentiality statements before using the site. If you're looking for a form, try forms and publications . We revised or disallowed your Joint Custody Head of Household Credit for one of the following reasons: (a) Your filing status was not single or married filing separately. You made an error when you calculated your Total Adjustments to Federal Itemized Deductions. Check if you qualify for these cash-back credits: CalEITC, expanded Young Child Tax Credit, and new Foster Youth Tax Credit. California Non-Resident Tax: Leaving the Franchise Tax Board Behind Code, 23101, subd. All Franchise Tax Board (FTB) forms and publications we reference are available at ftb.ca.gov/Forms. FTB Late Payment Penalty, Late Filing Penalty & More (R&TC Section 19777.5(a)(2)), We impose a penalty when your underpaid tax is due to negligence or disregard of rules or regulations, substantial understatement of tax, or substantial valuation misstatement for a year eligible for tax amnesty (i.e., beginning before January 1, 2003). We revised the penalty amount because you made an error when you transferred the penalty amount from Form 3853, Health Coverage Exemptions and Individual Shared Responsibility Penalty, to your tax return. In the future, report all your income on one return or use Form 540X to correct a return. We denied your coverage exemption because you are a resident of California. penalty, write to: Franchise Tax Board. You made an error when you transferred your itemized deductions to Schedule CA, Line 43. 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. As a result, we revised your contribution and refund amounts. Please review your completed Form 3514, California Earned Income Tax Credit and your California Form 540 or 540 NR to confirm your entries and calculations are correct. You made an error when you subtracted your Schedule CA, Column E Total Adjustments to Income from Total Income. 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. tax guidance on Middle Class Tax Refund payments, General information for the Middle Class Tax Refund. EN. Refer to the Form 3514 instructions for more information. Do not include Social Security numbers or any personal or confidential information. Follow the links to popular topics, online services . We disallowed the special credit listed below because you did not attach the required schedule. A profit and loss statement or schedule used to determine the business income and expenses reported on your tax The board is composed of the California State Controller, . You claimed an amount greater than you were allocated in your reservation. We translate some pages on the FTB website into Spanish. We revised your State Disability Insurance (SDI) or Voluntary Plan Disability Insurance (VPDI) withholding to the maximum amount substantiated by your Forms W-2 or other wage documents. One of the qualifying persons on FTB 3506, attached to your return, was 13 years old or older. California and Out-of-State Taxpayers: Amnesty Penalties Questions