2010 Tax Season Stats
Personal Income Tax Returns
Another busy filing season is well underway. As of April 16, 2011, there were nearly 12 million current year personal income tax returns filed, which is down slightly compared to the same time last year. Electronic filing continues to increase, with over ten million returns received so far this year. At this point, almost 90 percent of all PIT returns processed are filed electronically. This percentage will decrease as we process paper returns.
Business Entity Tax Returns
Business returns are coming in steadily too, with over 600,000 business tax returns filed; this is almost eight percent higher compared to the same time last year. Conversion to electronic filing is up; almost 45 percent of all business entity returns filed electronically.
As the year progresses, do not forget to take advantage of our 24x7 electronic services.
- Access your clients’ MyFTB Account information. To use this application, login with your user name and password and enter your clients’ secrets (information you already have). You should obtain your clients’ permission to view their tax account information using our new form, FTB 743, Online Account View Access Authorization. Keep the authorization form signed by you and your client for your records. Do not mail the form to us.
- Paying electronically means your clients do not have to spend time writing and mailing a check. It also ensures that their payment is quickly applied to their account. We encourage them to use one of the many options we offer on our website for electronic payments. Your clients can schedule their estimated payments up to a year in advance or subscribe to our estimated tax payment email reminder service and never miss a due date.
- Your business entity clients can make online payments too. Corporations, limited liability companies, and partnerships use information from their most recently filed tax return to register for Web Pay. They can schedule payments up to a year in advance. It is free and easy. For more information, go to ftb.ca.gov and search for Web Pay.