Business entity payment notification letters January 2019 Tax News

Reminder

In our November 2018 Tax News, we let you know that beginning later this month and into early February, we will be providing business entities that have taxable income or unrelated business income, a summary of their 2018 tax year estimated payment, transfer, and credit information – the same information available to our contact center staff. This is a pilot project aimed at reducing the need to contact us to verify business entity payments.

We will mail Summary of Account Payments, Transfers, and Credits (FTB 3713), to business entities who made an estimated limited liability company fee or estimated tax payment for their 2018 tax year.