What is a demand penalty?
Demand penalty: Individuals and businesses You did not file a return by the due date on the Demand for Tax Return letter. You may owe penalties and interest, even if your tax return shows that a refund is due.
What happens if you don’t pay CA 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).
What did I receive from the California Franchise Tax Board?
I too received the “Confirm Tax Return Filing” letter from the California Franchise Tax Board. The letter requested copies of driver’s licenses, social security cards, pay stubs, etc. Based on some comments in another string about this letter in the community forum, I called the telephone number on the letter.
How to contact the FTB in Sacramento CA?
Gather the required items and complete the Request for Tax Information and Documents form (FTB 4734D) and send it to us: Fax (916) 843-6036 Mail Filing Compliance Bureau MS F151 Franchise Tax Board PO Box 1468 Sacramento CA 95812-1468
How to confirm a letter from FTB confirming tax?
The letter requested copies of driver’s licenses, social security cards, pay stubs, etc. Based on some comments in another string about this letter in the community forum, I called the telephone number on the letter. I went through the automated system and then spoke with a live person. She asked me to confirm my name and address.
Do you have to file your taxes in California?
With 17 million tax returns filed each year, there are still individuals and businesses that do not file their tax return by the due date. File your California income tax return (s) directly with us for free.