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Recieved FTB 5818B from California Franchise tax board indicating I owe $400 instead of receiving a $261 refund as prepared by Turbotax.

reason: "You incorrectly calculated your tax due when you subtracted Total Payments from Total Tax"
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4 Replies

Recieved FTB 5818B from California Franchise tax board indicating I owe $400 instead of receiving a $261 refund as prepared by Turbotax.

I received a CA FTB form number 5818b, stating that I owe $3,611.78.

They state it was a mistake when I (turbo tax) totaled my Exemption s...

Please help?! It's due next week!

Wendy L. Brown, 11712 Argyle drive, Los alamitos, CA 90720

Recieved FTB 5818B from California Franchise tax board indicating I owe $400 instead of receiving a $261 refund as prepared by Turbotax.

It is not safe to post your name and address on this pubic forum.
As to your Q, please check your data entry for any typos.

Recieved FTB 5818B from California Franchise tax board indicating I owe $400 instead of receiving a $261 refund as prepared by Turbotax.

Calif FTB did this incorrectly for quite a number of California taxpayers:
https://www.ftb.ca.gov/aboutFTB/Public_Service_Bulletins/2016/16-04222016.shtml 

See this site for what to do to prove your Calif withholding amounts:
https://www.ftb.ca.gov/Bills_and_Notices/NTRC/CA-Income-Tax-Withholding.shtml

msabes418
New Member

Recieved FTB 5818B from California Franchise tax board indicating I owe $400 instead of receiving a $261 refund as prepared by Turbotax.

Those links don't work anymore. Please help!

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