MyFTB accountEstimated Tax Penalty Relief for Farmers and Fishermen
We are aware that farmers and fishermen, as defined in Internal Revenue Code section 6654(i)(2)(A) for purposes of estimated taxes, according to IR-2022-49 have had issues with filing their 2021 tax returns and paying the tax by the March 1, 2022, due date for those taxpayers who did not make an estimated tax payment by January 18, 2022. As a result of these issues, the Franchise Tax Board will waive the underpayment of estimated tax penalty if qualifying farmers and fishermen file and pay their 2021 taxes by April 18, 2022.
Qualifying farmers and fishermen should check the box on FTB Form 540, line 113; FTB Form 540NR, line 123; or FTB Form 541, line 44 and attach to the return an FTB Form 5805F and mark the box on line 16. Taxpayers should write IR-2022-49 below line 16.
For qualifying taxpayers who missed the March 1, 2022, deadline to file and pay but have now filed, they may request a waiver of the underpayment of estimated tax penalty by any of the following methods:
To use Live Chat service:
- Log into MyFTB account
- Request waiver of the underpayment of estimated tax penalty
- Upload a completed copy of FTB Form 5805F
To request waiver of the underpayment of estimated tax penalty call:
- 800-852-5711
- Weekdays, 8 AM – 5 PM
To mail a completed FTB Form 5805F:
- Mark the box on line 16
- Taxpayers should write IR-2022-49 below line 16
- Mail completed FTB Form 5805F to:
- Franchise Tax Board
- P.O Box 942840
Sacramento, CA 94240-0040