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Understanding California’s FTB 2905 PIT

FTB 2905 PIT

Why You Received This Notice

FTB 2905 PIT is a form provided by the California Franchise Tax Board (FTB) that allows employees to specify their state income tax withholding preferences to their employers. 

This notice is forwarded to employers as a means to deduct wages from employees who possess an outstanding balance in their personal income tax. Upon receipt of this directive, the employer is obligated to remit up to 25% of the employee’s wages to us until the entire tax debt is settled completely.

What Employees Need to Do

  1. Settle the outstanding amount owed.
  2. If you encounter financial difficulties, reach out to us for assistance.
  3. If you have already cleared your dues, get in touch with the FTB to close the account and lift the garnishment.

What Employers Need to Do

Once the employee completes the FTB 2905 PIT form, it is the employer’s responsibility to implement the specified withholding preferences. The employer uses the information provided on the form to calculate the correct amount of state income tax to be withheld from the employee’s wages.

Understanding and completing this form is of utmost importance for both employers and employees to ensure accurate tax withholding and compliance with California’s tax regulations.

Seeking assistance or tax relief? Contact Priority Tax Relief now.

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FAQs

 The simple answer is no. A business and a person are completely separate, thus, any personal tax debts or liabilities should not affect your business.

Tax debt can be an exhausting and complicated thing to deal with on your own. Communicating with the IRS and professionally handling your tax liabilities are just two of the services companies like Priority Tax Relief can offer.

No. The IRS’s Innocent Spouse Relief protects you from paying these additional taxes. However, this does not relieve you from household employment taxes, business taxes, individual joint responsibility payments etc. Priority Tax Relief helps you learn more about innocent spouse relief.

The most popular option to date would be an Offer In Compromise (OIC). At Priority Tax Relief, we help tax relief help become more accessible to taxpayers in need and help them understand how they can qualify for these options.

IRS tax liens are legal claims on your property when you do not settle your tax debts. The IRS usually sends out a notice when no payment has been made after a liability assessment. Find out more about tax liens with Priority Tax Relief.

Yes. Not only can the IRS put a claim on all your current property, tax liens can also affect any property or intangible or tangible assets that you obtain in the future. At Priority Tax Relief, we help you understand federal tax liens and how to communicate with the IRS.

 

Tax levies are the actual seizure of your property and are different from legal claims or tax liens. Settle your taxes before the IRS sends out a notice. Priority Tax Relief helps you understand tax levies and how you can avoid them.

Yes. Not only can they seize physical property but they can also legally take hold of the money in your bank account and other wages. To avoid this from happening, contact Priority Tax Relief now.

Your debt will, unfortunately, continue to grow and you will possibly lose a great number of your assets. It is definitely a scenario we do not wish to see happen to anyone, that’s why Priority Tax Relief makes sure that our help becomes within reach.

Need expert help? Looking to get back on track?