Your business can enter an installment agreement if you cannot pay your total balance in 90 days due to a financial hardship. Under this program, you would agree to pay a specified amount on a specified day each month.
Requirements
- You must file any delinquent tax returns.
- You may need to complete a financial condition form and then send it to us. If necessary, we may require other financial documentation to process your installment agreement request.
- FTB staff will determine if an account qualifies for an installment agreement and the time period allowed.
Fee - We charge a $35 processing fee to set up an installment agreement.
Instructions - Call us so we can evaluate your installment agreement request.
- Business entities inside the U.S. (888) 635-0494
- Corporations outside the U.S. (916) 845-7033
- Limited liability corporations outside the U.S. (916) 845-7166
Revoking an installment agreement- We revoke your installment agreement if:
- New liabilities accrue.
- Payments are dishonored.
- A business entity repeatedly fails to make I/A payments.
Filing a lien - Even if you enter an installment agreement, we may need to file a lien to secure your tax debt. Applicable penalties, fees, and interest accrue until the balance is paid. This increases your balance due.