![]() ![]() ![]() For a complete listing of the FTB’s official Spanish pages, visit La página principal en español (Spanish home page). These pages do not include the Google™ translation application. We translate some pages on the FTB website into Spanish. If you have any questions related to the information contained in the translation, refer to the English version. Any differences created in the translation are not binding on the FTB and have no legal effect for compliance or enforcement purposes. The web pages currently in English on the FTB website are the official and accurate source for tax information and services we provide. Consult with a translator for official business. This Google™ translation feature, provided on the Franchise Tax Board (FTB) website, is for general information only. If you do:įile an amended tax return to adjust your income and claim the CalEITC. Federal AGI less than $40,201 (single) or $50,401 (married filing jointly).Visit Wait times to review normal refund and return processing timeframes. Your tax return will be processed with the updated requirements. If you qualify for a bigger tax refund, you’ll receive it beginning August 2021.įiled or will file your 2020 tax return after Maand: To report your federal AGI and California tax credits correctly, find the scenario that applies to you. Your next steps depend on what you’ve done so far. What you need to do and payment timeframes Married filing jointly/registered domestic partners: You will exclude up to $20,400 from your federal AGI. ![]() Single: You will exclude up to $10,200 from your federal AGI.The American Rescue Plan Act of 2021 excludes a certain amount of unemployment from your federal AGI for your 2020 tax year, based on your filing status: Many people do not have to do anything to receive these additional benefits. California Earned Income Tax Credit (CalEITC).This means you may now qualify to receive more money from California tax credits, such as: If you received unemployment (also known as unemployment insurance), the American Rescue Plan Act of 2021 reduced your federal adjusted gross income (AGI) for 2020 tax return. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |