flowers

Analysis

California FTB issues notice 2016-04 outlining automatic extension due dates for TY 2016 California tax returns

Multistate Tax alert | November 30, 2016

The automatic paperless extension applies to all taxpayers in good standing that are specifically identified in the notice.

Overview

On November 4, 2016, the California Franchise Tax Board (FTB) issued Notice 2016-04 (Notice), which details when automatic paperless filing extensions will be granted following recently enacted legislation (A.B. 1775) that generally revised the deadline to file corporate and partnership tax returns for taxable years beginning on or after January 1, 2016.

For taxable years beginning on or after January 1, 2016, the following extended due dates apply:

Entity
Original due date
Extended due date

C corporations and LLCs taxed as C corporations (except those with a June 30 year end)

15th day of the fourth month following the close of the taxable year

15th day of the 10th month following the close of the taxable year

C corporations and LLCs taxed as C corporations with a June 30 year end

15th day of the third month following the close of the taxable year

15th day of the 10th month following the close of the taxable year

S corporations

15th day of the third month following the close of the taxable year

15th day of the ninth month following the close of the taxable year

Partnerships, LLCs taxed as partnerships, and SMLLCs owned by a pass-through entity (such as an S corporation, partnership, or LLC taxed as a partnership)

15th day of the third month following the close of the taxable year

15th day of the ninth month following the close of the taxable year

SMLLCs not owned by pass-through entities

15th day of the fourth month following the close of the taxable year

15th day of the 10th month following the close of the taxable year

Exempt organizations

15th day of the fifth month following the close of the taxable year

15th day of the 11th month following the close of the taxable year

Employee’s trusts (as described in Internal Revenue Code Section 401(a)) or IRAs

15th day of the fourth month following the close of the taxable year

15th day of the 10th month following the close of the taxable year

Cooperative associations (as described in Cal. Rev. & Tax Code Section 24404)

15th day of the ninth month following the close of the taxable year

15th day of the 15th month following the close of the taxable year


The automatic paperless extension applies to all taxpayers in good standing that are specifically identified in the notice. Note that an extension of time to file is not considered an extension of the time to pay and that the underlying tax generally is due on the original due date of the return, without regard to extensions.

Contacts

If you have questions regarding this notice or California tax matters, please contact any of the following Deloitte Tax LLP professionals:
 

Valerie C. Dickerson, partner, Deloitte Tax LLP, Washington, DC, +1 202 220 2693

Christopher Campbell, principal, Deloitte Tax LLP, Los Angeles, CA, +1 213 553 3072

Steve West, managing director, Deloitte Tax LLP, Los Angeles, CA, +1 213 688 5339

Shirley J. Wei, senior manager, Deloitte Tax LLP, Los Angeles, CA, +1 213 553 1715

Back to top

Multistate Tax alert archive

The Multistate Tax alert archive includes external tax alerts issued by Deloitte Tax LLP's Multistate Tax practice during the last three years. These external alerts highlight selected developments involving state tax legislative, judicial, and administrative matters. The alerts provide a brief summary of specific multistate developments relevant to taxpayers, tax professionals, and other interested persons.

View the list of archived Multistate Tax alerts.

Back to top

bulb
Did you find this useful?