Typically, the fee is $US 89 to change your instalment payment contract ($US 43 if you are a low-income taxpayer). However, as of January 1, 2019, the user fee is $10 for instalment payment agreements recovered or restructured through a takeover bid. This user fee only applies if the instalment contract has been reinstated or restructured by a takeover bid. Taxable persons may establish instalment payment agreements online (www.ftb.ca.gov/online/eIA/Apply_Online.asp) or by post (www.ftb.ca.gov/forms/misc/3567.pdf). You may need to submit a financial statement for approval. A tax deposit can be a condition of your agreement. You can make your payments by direct debit, check or payment order, credit card, debit card or any of the other accepted payment methods. To get a lower fee, you can set up a takeover bid and/or agree to make your payments by direct debit. For more information about accepted payment methods, see IRS.gov/Payments. For instalment payment agreements entered into by taxable persons with adjusted gross income for the last fiscal year available, up to or below 250% of the federal poverty guidelines, the IRS waives user fees or reimburses them when certain conditions are met. You can find more information by removing user fees and subsequent refunds. Like the IRS and many states, California`s tax board franchise offers taxpayers the ability to pay tax debts over time.
To illustrate this, the State of California Franchise Tax Board accepts instalment payment agreements for up to 60 months. If you request a payment plan (instalment payment contract), your request may take up to 90 days before your request is processed….
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