Updating Tax Year 2013 Withholding Forms to Resolve Balancing Issues
Beginning with the 2007 tax forms, we began hard coding zeros in the cents field on all paper tax forms that previously allowed a field for the exact cents amount. This was done to encourage taxpayers to round to the nearest whole dollar and to be consistent with other forms submitted to us.
However, the hard coded zeros on withholding forms causes balancing issues with us, withholding agents, and payees. To resolve these issues, the hard coded zeros will be removed from the following tax year 2013 forms:
|Form Number||Form Name|
|589||Nonresident Reduced Withholding Request|
|592||Resident and Nonresident Withholding Statement|
|592-A||Payment Voucher for Foreign Partner or Member Withholding|
|592-B||Resident and Nonresident Withholding Tax Statement|
|592-F||Foreign Partner or Member Annual Return|
|592-V||Payment Voucher for Resident and Nonresident Withholding|
|593||Real Estate Withholding Tax Statement|
|593-V||Payment Voucher for Real Estate Withholding|
In addition, Form 570, Nonadmitted Insurance Tax Return, will once again allow a taxpayer to enter cents.
For more information on withholding forms, go to ftb.ca.gov and search for withholding forms and publications.