FTB 2022 Filing Season Tax Tips

As filing season opens, FTB is reminding taxpayers about AB 194, which gives FTB authority to grant California individual taxpayers a one-time penalty abatement.
To request this penalty relief, taxpayers must be compliant with all tax return requirements, have not previously been granted abatement, and have no outstanding tax liabilities. The relief applies for taxable years beginning on or after January 1, 2022. FTB will begin accepting one-time penalty abatement requests on April 17.
Get more FTB filing season tips here, including details about claiming deductions for disaster losses; cash-back tax credits such as the California Earned Income Tax Credit, Young Child Tax Credit expansion, and the new Foster Youth Tax Credit; and how to avoid tax scams.