Ftb.ca.gov (Franchise Tax Board) is the agency responsible for collecting state personal income taxes in California. Help taxpayers file tax returns accurately, timely, and pay the correct amount of money for services important to Californians. Let’s learn about ‘Ftb.ca.gov Payment Options’.
Ftb.ca.gov Payment Options
Let’s read further about Ftb.ca.gov Payment Options.
How do you pay California taxes?
Follow the below steps to pay California taxes.
- First, Go to the state of California franchise tax board website
- Click on the Make Payment option
- Also, you can find more payment options which are already discussed briefly below.
What are payment options available to pay California taxes?
- Bank Account – Web Pay (Free): Personal or Business
- Credit Card (service fee): Personal or Business
- Payment Plan (setup fee): Personal or Business
- Check or Money order: Personal or Business
- EFW (Electric Fund Withdraw): Personal or Business
- EFT (Electronic Fund Transfer) for a corporation
1. Web Pay (Pay by Bank Account) – Free
If you want to pay with your savings account – for free.
Personal:
You can use web pay for payments like….
- Pending audit tax deposit
- Bill or other balance due
- Proposed assessment
- Extension
- A current year or amended tax return
- Estimated tax
- Composite/group nonresident return
Business:
You can make different payments like…
- Extension
- Amended tax return
- Current year tax return
- Annual tax or fee
- Bills
Partnership
If your entity’s SOS number doesn’t work or your entity doesn’t have an SOS number then you can use an FTB issued ID number. You can request the number by the following email with some information like 1. Entity name, 2. FEIN (Federal entity identification number)
ftbptspnoticeinquiry@ftb.ca.gov
sole proprietorships must use web pay personal
2. Credit Card (service fee):
Personal:
You can use a credit card for payments….
- Extension
- Tax return (current year)
- Bills
- Other balance due
- Estimate tax
If you pay with a credit card then have to also pay a service fee
Service fee: 2.3%
Business:
You can use a credit card for payment….
- Estimate fees
- Estimate tax
- Annual tax
- Bills
- Current year tax return
- Amended tax return
- Extension
- Proposed assessment
- Pending audit tax deposit
- SOS (secretary of state) certificate penalty
3. Payment Plan (setup fee):
Time process your request: up to 90 days
You may have up to 3 to 5 years to pay off
If your request is approved:
- Cost for setting up an agreement: 34$
- You received acceptance later in the email with payment details
Eligibility for install agreement:
- Amount <$ 25,000
- You must fill all your income tax returns for the past 5 year
What to do if you can’t pay your tax bill in 90 days?
If you want to get on a payment plan, you can apply for an installment agreement. It takes up to 60 days and you will have up to 12 months to pay off your balance.
How much does the cost apply if approved?
It cost $50 to set up an installment agreement.
4. Check or Money order cashier’s check:
Two ways to pay your tax bill are by check or money order or cashier’s check.
- You can mail your payment
- You can pay in person at a field office
Some information about payment with check or money order or cashier’s check
- Add your copy of the bill or voucher
- Make your check or money order or cashier’s check payable to the franchise tax board
- Write your FTB ID, SSN, or ITIN, and tax year on your payment
5. EFW (Electric Fund Withdraw):
When you fill e-file, you can make payment from your savings account via (EFW) Electric Fund Withdraw. To use the payment option as EFW, you must file through
- Tax preparation software
- A tax professional
What you can pay via EFW?
You can pay with EFW
- Pay tax return balance when you e-file
- Estimated tax
- Extension tax
- After e file, you can make a stand-alone payment
What is the payment type available for “Stand-Alone Payment”?
- Individual and fiduciary
- Estimate tax
- Extension tax
- Limited liability companies (LLC)
- Extension tax
- Annual tax
- Estimated tax
- Pass-Through Entity Elective tax
- Estimated LLC fee
- Partnership
- Extension tax
- Pass-Through Entity Elective tax
- Corporation
- Estimated tax
- Extension
- Pass-Through Entity Elective tax (1000S only)
- Partnership
- Extension
- Pass-Through Entity Elective tax
Which information needs to be used in EFW?
- Bank account number
- Payment/withdrawal amount
- The date you want the fund to be automatically withdrawn
How to use EFW (Electronic Fund Withdraw)?
- First, choose EFW
- Then schedule your estimated tax payment for the next year
- Provide your bank information, enter the amount you want to pay and the date you want to withdraw the amount.
- The system creates an electronic debit request and it sends to your bank account for further processing on the date you choose for the withdrawn amount.
- FTB withdrawn amount to be chosen
6. EFT (Electronic Fund Transfer):
Electronic fund transfer allows bank and corporation, non-admitted insurance tax, real estate withholding, and resident and non-resident withholding. This bank and corporation must use only EFT for
- Estimated tax payment
- Extension payment over $20,2000
- Total tax liability due is over $80,000
You must complete the Authorization Agreement for EFT (Electronic Fund Transfer)/ FTB 3815 and payment can be made with ACH (Automated Clearing House) debit or credit for free.
The ACH debit method allows you to transfer funds. To use the ACH debit method use must follow the below points
- Register with ftb.ca.gov
- Submit an Authorization Agreement for Electronic Funds Transfer (FTB 3815)
- Select ACH Debit Method
- After completing registration, you get confirmation later with a security code
Conclusion:
Now we’ve learnt about ‘Ftb.ca.gov Payment Options’, this is all about the payment option available FTB (Franchise tax board). You can go through any one option to pay tax in California state. If you want to make a payment then go to the official website payment options page by following the above instructions.
FAQs:
- How much should you pay in-state tax?
The income tax rate for California state rage from 1 to 12.3 % + 1% surcharge on taxable income of $1 million or more
- How to make a tax payment to the California franchise tax board?
Individual and business taxpayers can make payments to FTB () in many ways like…
- Web pay – individual or business
- Mail – check, money order
- In-person at FTB (Franchise tax board) field office
- Credit card – through official payment corporation (at: www.officialpayment.com)
Franchise tax board (FTB)
PO Box
94387
Sacramento CA 942670001
- What happens if a debit date is a non-banking day for EFW payment options?
If a date is a non-banking day, like a holiday or weekend. So, the amount is withdrawn on the first day following the non-banking day
