Is your bank or corporation looking for a simpler, cheaper, more efficient way to make your tax payments? If so, EFT is for you.
General Information
FTB's EFT program provides a faster, more efficient method of paying taxes for banks and corporations. EFT allows financial institutions to transfer money from your bank account to the state's bank account electronically, eliminating the use of paper checks.
Participation
Banks and corporations must use EFT if their quarterly estimated tax payment or extension payment exceeds $20,000 or if their total tax liability exceeds $80,000 for any income year beginning on or after January 1, 1995. Once a corporation remits a payment that meets the criteria for mandatory participation, we will notify the corporation that all future payments must be made via EFT.
Banks and corporations may voluntarily remit payments by EFT after contacting FTB and receiving approval. To receive approval, Authorization Agreement for Electronic Funds Transfer (FTB 3815) must be completed and returned to FTB.
Payment Options
The payment options available are the Automated Clearing House (ACH) Debit, ACH Credit, and Fedwire. Fedwire payments are for emergency purposes only.
ACH Debit - The ACH Debit method allows you to transfer funds by instructing the state to electronically debit a bank account you control for the amount you report to the state's data collector. FTB recommends the ACH Debit method because of the simplicity and cost savings to the taxpayer.
ACH Credit - The ACH Credit method allows you to transfer funds by instructing your financial institution to debit your account and credit the state's bank account.
Additional Information
Contact Information
- Phone: (916) 845-4025 (Available between 8 a.m. and 5 p.m. Pacific Time)
- Fax: (916) 845-5340
- Mail:
Franchise Tax Board
e-Programs Customer Service Unit
PO Box 1468
Sacramento, CA 95812-1468
EFT LINKS:
ACH
Credit | ACH Debit |
EFT FAQ's