why would i get a letter from franchise tax board

ftb.ca.gov › help › letters › letters.html

The Franchise Tax Board will send a notice or letter to personal taxpayers and business entities for issues that may include but not limited to:

ftb.ca.gov › help › scams › index.html

Scams | FTB.ca.gov

If you receive a letter by mail that claims to be from us requesting personal information, it may be a scam. View our letters page to verify the notices we send. If you would like additional verification, contact us. Phone scams are the most common method used to scam taxpayers.

reddit.com › r/tax › has anyone received a letter from their state franchise tax board instead of the irs?

r/tax on Reddit: Has anyone received a letter from their state franchise tax board instead of the IRS?

February 1, 2023 -

I am a bit puzzled why the California FTB sent me a letter saying I had $700 other income from last year‘s taxes. Wondering why the notice didn’t come from the IRS and why they don’t just ask for the amount they need. I can’t find any difference than what I filed last year. I’d rather just pay and be done with it.

Top answer

1 of 3

The "letter" is probably a 1099-MISC, which is a tax document sent by whoever paid you. In this case, I'm guessing the California FTB paid you $700 last year as part of the "California Middle Class Tax Refund." It is not a bill. It is an income statement. You may need to include this amount as income when you file your 2022 federal income tax return. (I say "may" because apparently the IRS has not reached a definitive conclusion about whether the MCTR is actually taxable income or not.) https://www.ocregister.com/2023/01/27/is-californias-middle-class-tax-refund-payment-taxable-by-uncle-sam/

2 of 3

Wondering why the notice didn’t come from the IRS The IRS doesn't administer California state taxes. This is like wondering why the IRS didn't write to you about your local electric bill. That's not what they do. Did you, by chance, get a $700 refund on your California taxes last year? If so, this letter is simply documenting that. This matters only if you also itemized deductions on your federal return last year. If you didn't itemize deductions last year, this is not "income" and you don't have to do anything about it. If you did itemize, this will get factored into your return this year. The problem is that you get to deduct state taxes, but you have to do that before you know your actual state tax amount. So you deduct the withholding, and then if it turns out the withholding was wrong you go back and correct it next year. Again, if you took the standard deduction, none of that even matters.

Franchisetaxsboard

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Why Would I Get a Letter from the Franchise Tax Board? - Guide for Franchise Tax Board in California

January 1, 2025 - Receiving a letter from the Franchise Tax Board (FTB) can be concerning, but it's important to understand that these letters are often routine and don't always indicate a major problem. This article provides a comprehensive guide to the various reasons you might receive an FTB letter and what ...

ftb.ca.gov › help › letters › obtaining-an-individual-status-letter.html

Obtaining an individual status letter | FTB.ca.gov

These letters can also show lenders and other interested third parties that the individual has met their California income tax obligations.

ftb.ca.gov › help › business › entity-status-letter.asp

Entity Status Letter | FTB.ca.gov

Create an entity status letter online for free.

reddit.com › r/tax › receiving california franchise tax board letter after getting refund

r/tax on Reddit: receiving california franchise tax board letter after getting refund

November 20, 2024 -

I filed my tax return a little bit ago, and received a refund from the IRS and California. Now evidently I'm going to get a letter from the franchise tax board of california. What might that be- cause for concern?

Top answer

1 of 3

I receive a letter from them too. I may be wrong but I think state tax return is counted toward next year income. TurboTax should do it automatically

2 of 3

FTB sends letters for all kinds of benign things. Wait to see what it is first. Most years, I owe California. Even though I include my bank details on the return to pay on the deadline, they still send a letter with the amount due as a reminder.

ftb.ca.gov › about-ftb › newsroom › news-releases › 2025-03.html

FTB warns of tax scams targeting Californians this filing season | FTB.ca.gov

They may attempt to scam taxpayers into sending money not owed or providing personal information that could be used to file fraudulent returns and steal refunds. If a taxpayer receives a letter from FTB or the IRS that appears suspicious, contact FTB at 800-852-5711 or the IRS at 800-829-1040.

ftb.ca.gov › about-ftb › newsroom › news-releases › 2022-02-beware-of-scams-as-new-tax-season-begins.html

Beware of Scams as New Tax Season Begins | FTB.ca.gov

Scammers often prey on taxpayers ... a taxpayer receiving a phone call, letter, or email asking for their personal information to either release their refund or process their tax return....

ftb.ca.gov › help › letters › notice-of-tax-return-change.html

Notice of Tax Return Change | FTB.ca.gov

FTB is sending notices to taxpayers about our corrections to mistakes found on 2022 tax returns. Some notices may state a balance due with a due date for payment. Taxpayers affected by the 2022-23 California winter storms who receive such a notice still qualify for an extension to pay taxes ...

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Accounting Insights

accountinginsights.org › why-did-i-receive-a-state-of-california-franchise-tax-board-letter

Why Did I Receive a State of California Franchise Tax Board Letter? - Accounting Insights

February 15, 2025 - A letter from the California Franchise Tax Board (FTB) may arise from various issues. One common reason is discrepancies in reported income. The FTB compares information from federal tax returns, W-2s, and 1099 forms.

ftb.ca.gov › help › disagree-or-resolve-an-issue › index.html

Disagree or resolve an issue | FTB.ca.gov

If you do not agree, respond through ... the full amount to avoid penalties, fees, or interest (if you owe money) ... We are here to ensure your tax problems are handled promptly and fairly....

ftb.ca.gov › about-ftb › newsroom › tax-news › may-2021 › individual-status-letters.html

Individual Status Letters | FTB.ca.gov

Individual Status Letters may be obtained by an individual, the parent of a minor child (birth certificate required), or by an authorized representative of the requester (a signed statement authorizing Franchise Tax Board to release information on their behalf is required).

TurboTax Community

ttlc.intuit.com › community › after-you-file › discussion › i-received-a-letter-from-ca-franchise-tax-board-requesting-copies-of-social-security-card-w-2-1099 › 00 › 770237

I received a letter from CA Franchise Tax Board requesting copies of Social Security card, W-2, 1099, drivers license, etc. before they will process return

March 12, 2023 - You can call the number for the California Franchise Tax Board (800) 852-5711 to verify. Do not use the number on the letter, you want to verify its authenticity before sending it in. However, it seems as if you were randomly chosen to have your information verified before they process your return.

ftb.ca.gov › help › letters › index.html

Notices/letters - Franchise Tax Board - CA.gov

The Franchise Tax Board will send a notice or letter to personal taxpayers and business entities for issues that may include but not limited to:

Quora

quora.com › We-received-a-letter-from-CA-franchise-Tax-Board-stating-that-we-are-under-review-for-2022-income-tax-Why-are-they-requesting-copies-of-our-W2-and-last-pay-stubs-Our-pay-stubs-and-w2-amounts-seem-to-be-the-same-1

We received a letter from CA franchise Tax Board stating that we are under review for 2022 income tax. Why are they requesting copies of our W2 and last pay stubs? Our pay stubs and w2 amounts seem to be the same? - Quora

Answer (1 of 5): Others have given you good responses. AT THIS POINT, you certainly can comply with what they have asked for easily. If it gets more complicated than what you have described, seek help from a professional. There are places that are open year round to help people with letters from...

JustAnswer

justanswer.com › tax › lqgbx-notice-franchise-tax-board-thought.html

I got a notice from the Franchise Tax Board I thought this had all been handled I don't file taxes because the income I

The FTB may offer payment plans or other options to help you meet your tax obligations. ... they referred me to you that's kind of weird because you guys are both recommending the other person ...

JustAnswer

justanswer.com › tax › asjnd-received-request-tax-return-letter.html

I received a Request for Tax Return letter from the California Franchise Tax Board which states the following (and I

I received a letter from the IRS requesting me to contact them ... Disclaimer: The customer and expert messages presented herein may have been altered or modified to enhance readability and safeguard the privacy of individuals. These modifications do not change the intent or substance of the original messages. ... Confusion over filing requirements and responding to state tax notices about property sales. When receiving a California Franchise Tax Board letter about a property sale, verify the property location and sale year.

LegalClarity

legalclarity.org › i-got-a-letter-from-the-california-franchise-tax-board-now-what

I Got a Letter From the California Franchise Tax Board. Now What? - LegalClarity

2 weeks ago - While not always a cause for alarm, these letters consistently require prompt action to prevent the escalation of financial or compliance issues. This guide explains the reasons for FTB correspondence, clarifies the meaning of specific notices, ...

Avvo

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I received a letter from the franchise tax board of California saying I owe them money for 2010. What can I do? - Legal Answers

I agree with the previous attorney. The franchise tax board does this often when returns are never filed. They will do a full background check on the persons, estimate a certain amount of income, assess taxes owed on that income, and then collect ...