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Changes to 2007 Form

Updates to 2007 540 2EZ – Personal Income Tax Booklet

The revised Internet version is available for download as of 08/25/2008

Revision Details:This revision is to note an exception to the amount of credit available for certain married/RDP filing jointly taxpayers.

  • 540 2EZ booklet and 540 2EZ Instructions, page 12 Nonrefundable Renter's Credit Qualification Record, # 11, second bullet, and page 194 of the Package X.

Previously read:

Married/RDP filing jointly, head of household, or qualifying widow(er), enter $120 below. Enter this figure on Form 540 2EZ, line 19.

Revised to:

Married/RDP filing jointly, head of household, or qualifying widow(er), enter $120 below. (Exception: If married/RDP filing jointly and one spouse /RDP claimed the homeowner's property tax exemption, enter $60 below.) Enter this figure on Form 540 2EZ, line 19.

This revision may decrease taxpayers' tax credit, thus increase their tax liability.


Updates to 2007 Form 5402EZ - Personal Income Tax Booklet

The revised Internet version is available for download as of 04/29/2008

Revision Details:To correct the mailing address of the RAR unit.

  • These updates are located on Page 5 of 5402EZ booklet.

Previously read:

ATTN RAR/VOL. AUDIT SECTION
FRANCHISE TAX BOARD
PO BOX 1673
RANCHO CORDOVA CA 95812-1673

Revised to:

ATTN RAR/VOL MS 310
FRANCHISE TAX BOARD
PO BOX 1998
RANCHO CORDOVA CA 95741-1998

There is no impact on tax liability.


Updates to 2007 Form 5402EZ - California Resident Income Tax Return

The revised Internet version is available for download as of 02/15/2008

Revision Details:To correct the line reference

  • These updates are located on Page 25 of 540 booklet, page 1, line 9 of flat, and page 164 of the Package X

Previously read:

9 Total wages (federal Form W-2, box 16 or CA Sch W-2, line C

Revised to:

9 Total wages (federal Form W-2, box 16 or CA Sch W-2, line 3

The taxpayer could under report their wages, thus lowering their tax liability.


Updates to 2007 540 2EZ Booklet

Revision Date: 12/27/2007

Revision Details: To correct the amount that is added to a taxpayer’s earned income in the standard deduction worksheet. This enables the taxpayer to figure their correct standard deduction if they can be claimed as a dependent by another taxpayer.

  • This update is located on Page 5, first column, question 1.

It should read:

Add $300 to the amount on line 1

The revised form is available for download.

Back to Tax Form Changes for 2007