Got Your Taxes Done? If Not, Here's What To Do
Today (MONDAY) is Tax Day … and California’s Franchise Tax Board says if you can’t get your state tax returns all wrapped up, don’t panic!
Montiel: “In California, everyone gets an automatic extension to file.” (0:03)
That’s the F-T-B’s Jason Montiel (mahn-TEEL).
Montiel: “If they don’t owe — say, they know they’re gonna get a refund — you can take the extra time until mid-October, October 15th, to file. But if you owe, you want to go ahead and file by April 15th to avoid interest and penalties.” (0:12)
If you can’t pay your entire tax bill today (MONDAY), the F-T-B says … pay what you can now, then call or go online to set up a payment plan.
Paper returns and checks must be postmarked today (MONDAY) … and online returns must be filed by midnight.