California Income Taxes

In other words, the 1099 income is reflected as "other income" on your Federal return; and, when you fill out your CA Form 540, you are required to...

Applying for a tax filing extension? Penalties?

You actually have until April 17, 2018 to file for your extension due to the fact that the 15th falls on Sunday and Monday is Emancipation Day, a...

Which parent is allowed to claim the child on his/her taxes?

You can decide between yourselves as to who should claim the child. But, if you do not, the dependency exemption rightly goes to the parent who has...

The CA Franchise Tax Board discovered that you had a mortgage in the state despite the fact that you may have left CA. Since you kept your...

Tax Law question

Generally, a refund claim must be filed by the later of (1) four years after the last day prescribed for filing the return (determined without...

Edd sent me to collection and now is they are sending me a bill again can they do that ?

Yes; once EDD sent you to EDD Collections, the latter will begin collecting from you any way they can until the taxes, penalties and interest are...

Filing taxes for single state vs two states

No; you must also file a California return and report the income for the time (one month) you worked in California. At the same time, do not report...

Is a C corporation required to file a 1120 Tax Return even if there is no taxable income?

No; you are required to file returns for 2016, 2017 and 2018 even if you made no income. To stop the madness, dissolve the corporation with the CA...

Are their statue of limitation on Ca franchise tax board on back taxes ?

The statute of limitations for CA income tax purposes is 4 years from th efiling due date, i.e., 4 years from 4/15/14 is 4/15/18.

You need to read everything you can find on the internet about Prop 13 passed in 1978 or so. Prop 13 is the reason for most disparities in value. ...