Get Ca Ftb 3514 2023-2025

The CA FTB 3514 form is critical for claiming the California Earned Income Tax Credit. This guide will provide a clear step-by-step approach to accurately complete the form online, ensuring you maximize your eligibility for the credits available.

Follow the steps to fill out the CA FTB 3514 online with ease.

1. Click ‘Get Form’ button to obtain the form and open it for editing.
2. Provide your name as shown on your tax return along with your Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN). If you are filling a separate return due to separation from your spouse or registered domestic partner (RDP), be sure to check the appropriate box.
3. Complete Part I by answering questions about your eligibility related to the Earned Income Credit (EIC). This includes verifying if the IRS or Franchise Tax Board has disallowed any credit in the past.
4. Input your Federal Adjusted Gross Income (AGI) from your federal Form 1040 or 1040-SR. Next, provide the amount for Federal EIC as required.
5. Proceed to Part II to declare any investment income. Ensure you refer to the instructions provided for guidance on what qualifies as investment income.
6. If claiming a qualifying child, fill out Part III by entering details such as child's name, Social Security Number or ITIN, and Date of Birth. Make sure to answer the qualifying questions regarding the child's age and relationship to you.
7. For Part IV, report your earned income such as wages, salaries, and tips. Make sure you also follow instructions on any exclusions like IHSS payments or prison wages.
8. In Part V, calculate the California Earned Income Tax Credit amount from the completed credit worksheet.
9. If applicable, complete Part VI by entering the CA exemption credit percentage and calculating the part-year resident EITC.
10. Complete any additional sections if you qualify for the Young Child Tax Credit or the Foster Youth Tax Credit as outlined in Parts VII, IX, and X using the respective instructions.
11. After filling all necessary sections, review your entries for accuracy and completeness. Save your changes, and choose to download, print, or share your completed form as needed.

Start filling out your CA FTB 3514 online today to claim your potential credits.