When will California accept tax returns 2024? This is a question that many taxpayers in California are eagerly anticipating as the tax season approaches. The state of California has specific dates for when it begins accepting tax returns each year, and understanding these dates can help taxpayers plan their filing process effectively.
California’s Franchise Tax Board (FTB) is responsible for the state’s tax returns, and they typically follow the federal tax filing schedule. Generally, the FTB begins accepting tax returns in early February, around the same time as the Internal Revenue Service (IRS). However, the exact start date can vary slightly from year to year.
For the tax year 2023, the FTB began accepting tax returns on January 30, 2024. This date was a few days later than the IRS’s start date, which was January 23, 2024. It’s important to note that the FTB’s start date may be different from the IRS’s start date, as the state has its own processes and deadlines to consider.
California taxpayers should keep in mind that the FTB may experience higher volumes of tax returns during the initial weeks of filing season. This can lead to longer processing times and potential delays in receiving refunds. To avoid these delays, it’s advisable to file as soon as possible after the FTB opens its doors for the tax year 2024.
Additionally, taxpayers should be aware of the deadlines for filing their state tax returns. The due date for California state tax returns is generally April 15th, the same as the federal tax filing deadline. However, if April 15th falls on a weekend or a holiday, the deadline may be extended to the following Monday.
California taxpayers should also be prepared for potential changes in tax laws and regulations that may affect their returns. It’s essential to stay updated with the latest information from the FTB and consult with a tax professional if needed.
In conclusion, while the exact date for when California will accept tax returns 2024 is yet to be announced, taxpayers can expect the FTB to begin accepting returns in early February, similar to previous years. By staying informed and planning ahead, taxpayers can ensure a smooth and timely filing process.
