When is California accepting tax returns 2024? This is a question that many Californian taxpayers are eager to find an answer to. With the tax season fast approaching, it’s important to know the specific dates when the California Franchise Tax Board (FTB) will begin accepting tax returns for the 2024 fiscal year. Understanding these dates can help taxpayers plan and file their returns on time, ensuring they receive any refunds or credits they are entitled to.
The California Franchise Tax Board typically follows the same timeline as the Internal Revenue Service (IRS) when it comes to accepting tax returns. In recent years, the FTB has started accepting tax returns on January 23rd. This means that for the 2024 tax season, taxpayers can expect to file their state tax returns starting from January 23, 2024.
However, it’s important to note that the FTB may extend the filing deadline in certain circumstances. For example, if there are any unforeseen technical issues or delays in processing, the FTB may decide to extend the filing deadline. Taxpayers should stay updated with the latest information from the FTB to ensure they are aware of any changes to the filing schedule.
In addition to the standard filing deadline, taxpayers should also be aware of the deadlines for filing extensions. If you are unable to file your tax return by the original deadline, you can request an extension by filing Form FTB 3519. The FTB typically allows an automatic six-month extension, which means taxpayers have until July 15, 2024, to file their tax returns for the 2024 fiscal year. However, it’s important to note that an extension to file does not grant an extension to pay any taxes owed. Taxpayers must still pay any estimated tax by the original filing deadline to avoid penalties and interest.
As the tax season approaches, it’s crucial for Californian taxpayers to keep an eye on the FTB’s official website for the most up-to-date information regarding the 2024 tax return filing dates. By staying informed, taxpayers can ensure they file their returns on time and take advantage of any available tax credits and deductions.
In conclusion, when is California accepting tax returns 2024? The answer is January 23, 2024, with a possibility of extensions until July 15, 2024. Taxpayers should stay informed and prepared to file their tax returns promptly to avoid any potential penalties or interest. Happy tax season!