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To help California residents battle inflation, the state started sending Middle-Class Tax Refund (MCTR) payments early October. However, some residents are still waiting for the one-time payments ...
California grants an automatic extension to Oct. 15. No matter when you file, you have to pay any owed taxes to the state and IRS by the April deadline. When will you get a refund?
To be eligible for the California Middle Class Tax Refund, you: Filed your 2020 tax return by October 15, 2021. ... Are a California resident on the date the payment is issued.
The FTB allows an automatic tax-filing extension with no form required. Although payment is still required by April 18, 2022, Californians can have until October 17, 2022 to file.
If you haven’t filed your 2021 tax return yet, you have until Dec. 31, 2022 to do so and receive your one-time “constitutional refund,” per the state’s Department of Taxation.
The FTB's name reflects the fact that it was originally created to collect this tax. The agency's name was left unchanged even after the state created a personal income tax and added it to the FTB's responsibilities. The corporate tax is imposed on businesses that do business in California and derive income from within California. [2]
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