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Ca.gov or call us at 800. 338. 0505. If outside the United States call us at 916. 845. 6500. FTB 626 C2 REV 04-2010 SIDE 1 Instructions for FTB 626 Purpose of FTB 626 You can use FTB 626 to request that Franchise Tax Board s Chief Counsel relieve certain penalties. Your authorized representative may file FTB 626 for you. A copy of the original Power of Attorney must be attached to FTB 626. The law provides the Chief Counsel with discretion to rel.

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California LLC Annual Franchise Tax The annual Franchise Tax is due the 15th day of the fourth month after the beginning of the tax year. You must file Form 3522 (LLC Tax Voucher). A late fee is assessed if the Franchise Tax is not paid on time.

A partnership (including REMICs classified as partnerships) that engages in a trade or business in California or has income from a California source must file Form 565.

Penalty. 5% of the amount due: From the original due date of your tax return. After applying any payments and credits made, on or before the original due date of your tax return, for each month or part of a month unpaid.

Purpose of FTB 626 You can use FTB 626 to request that Franchise Tax Board's Chief Counsel relieve certain penalties. The law provides the Chief Counsel with discretion to relieve all or part of these penalties. You can only request relief from penalties listed on the front of FTB 626.

If you cancel your LLC within one year of organizing, you can file Short form cancellation (SOS Form LLC-4/8) with the SOS. Your LLC will not be subject to the annual $800 tax for its first tax year.

You received a penalty because you were late If you filed your income tax return or paid your income taxes after the due date, you received a penalty. To avoid penalties in the future, file or pay by the due date.

CA FTB Penalty Abatement The FTB defines “reasonable cause” to mean that the taxpayer exercised ordinary business care and prudence in meeting their tax obligations but failed to comply.

If you are trying to locate, download, or print California tax forms, you can do so on the state of California Franchise Tax Board website, found at https://.ftb.ca.gov/forms/.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232