Ca Franchise Tax Installment Agreement

If you do not qualify for a instalment payment contract, taxpayers should apply to a licensed professional tax professional experienced in the tax board franchise. In particular, a licensed tax professional can check their financial and tax situation and identify all available options. The FTB also has a unique function that is not available under IRS rate agreements. The function is called “Skip the month”. If for any reason you are unable to make your instalment payment under your agreement, you can call the FTB and inform them before the due date of your payment. The FTB allows you to skip a month without declaring your payment agreement in default. The number is (916) 845-0494. If you pay your taxes in instalments, all future state and state tax refunds will be applied to your credit until it is fully refunded. You are not eligible for this program if your account is currently subject to a hold order, a continuous hold order, or a withholding order.

An application fee of $34 will be added to your tax credit if you apply for a instalment payment agreement…