California FTB Bulletins

California DOR Updates Minimum Tax Credit Instructions

The California Department of Revenue (DOR) has updated instructions for computing the minimum tax credit for taxable year 2025. These changes clarify how corporate, individual, and fiduciary taxpayers should calculate their prior year alternative minimum tax credit, removing a previous requirement to reduce the credit by prior year utilized credits.

FTB 1099-G and 1099-INT Form Mailings

The California Franchise Tax Board (FTB) announced the January 2026 mailing of Forms 1099-G for state income tax refunds and 1099-INT for interest income. These forms are issued to taxpayers who meet specific refund or interest thresholds as required by federal law.

Charitable Deductions for Qualified Conservation Contributions Conformity

The California State DOR issued a public service bulletin detailing conformity with federal rules for charitable deductions on qualified conservation contributions for partnerships and pass-through entities. The bulletin specifies a 40 percent accuracy-related penalty for disallowed deductions on returns filed on or after January 1, 2024.

FTB 1099-G and 1099-INT Tax Form Mailings

The California Franchise Tax Board (FTB) announced the January 2025 mailing of Form 1099-G for state income tax refunds and Form 1099-INT for interest income over $600. These forms are issued to taxpayers who meet specific refund or interest thresholds.

FTB Secure Email Updated for Simpler Access

The California Franchise Tax Board (FTB) is updating its Secure Email system to simplify access for external customers. Beginning November 23, 2024, users will no longer need to register or log in with a password to open encrypted emails, opting instead for direct sign-in to their email account or a one-time passcode. This change aims to provide a faster and more convenient user experience.