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Level 5
April 13, 2024
Question

Frequency Limit of Current Tax Payment

  • April 13, 2024
  • 1 reply
  • 13 views

IRS imposes a limit of 2 payments per year for Form 1040 current tax due. Does California FTB conform to this IRS rule or can taxpayer make more than 2 payments of current tax year without installment plan? 

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1 reply

sjrcpa
Level 15
April 13, 2024

"IRS imposes a limit of 2 payments per year for Form 1040 current tax due"

Really? Where did you get that? 

The more I know the more I don’t know.
IRonMaN
Level 15
April 13, 2024

Thanks for asking that - I was wondering what I was missing 

Slava Ukraini!