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Level 5
May 16, 2021
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FTB mandatory e pay

  • May 16, 2021
  • 1 reply
  • 14 views

If the FTB requires mandatory electronic payments can you  have the CA amount due on extension paid out of a bank account  when e-filing the extension for CA and does that satisfy the requirement?  Also, can you change the amount due to a higher amount for some wiggle room?

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Best answer by sjrcpa

Yes to both questions.

1 reply

sjrcpa
sjrcpaAnswer
Level 15
May 16, 2021

Yes to both questions.

The more I know the more I don’t know.
LSTAXAuthor
Level 5
May 16, 2021

Thank you.  These are large amounts so 1% penalty is not trivial.  Glad to have a sounding board here!

sjrcpa
Level 15
May 16, 2021

You're welcome

The more I know the more I don’t know.