The Franchise Tax Board (FTB) announced it is holding more than $14 million in returned state income tax refunds.
We will be switching to a new online subscription service on Tuesday, August 5th. If you are already a subscriber with login access to MtDemocrat.com you will need to re-register under the new service. This will not affect your bill. Please take the time today to click "Subscriber Verification" to verify your subscription with us and continue your access to MtDemocrat.com before the new service takes over.
We apologize for the temporary inconvenience this may cause and thank you for your patience and continued support while we make this transition.
- Mountain Democrat
“I want to make sure all taxpayers receive their refunds and as quickly as possible,” said State Controller John Chiang, who chairs the FTB. “This is an easy way update your contact information and get the refund before the holiday season.”
This year nearly 48,000 refunds, ranging from $1 to $35,000 were returned by the U.S. Postal Service. Taxpayers who moved and failed to update their addresses are the main reason refunds are returned.
Updating an address is easy through the Access MyFTB Accountfeature on FTB’s Website. FTB reissues returned refunds automatically once a new address is received.
Taxpayers expecting a state refund, or unsure if they received their refund, can access FTB’s Check Your Refund Status. This service is available in both English and Spanish.
FTB encourages taxpayers to use direct deposit when filing their tax returns. Direct deposit is a fast and secure method to receive your tax refund within days rather than waiting weeks for a paper refund. This year, more than 6 million California taxpayers received more than $6.2 billion directly into their bank accounts through direct deposit.
As of Nov. 29, FTB issued more than 10 million refunds worth nearly $10 billion.