The California Franchise Tax Board (FTB) Jan. 11 issued a bulletin on the 2023 mailing of Form 1099-G, Report of State Income Tax Refund, Form 1099-INT, Statement of Interest Income, and Form 1099-MISC, Middle-Class Tax Refund (MCTR), for corporate income and individual income tax purposes. The FTB mails one or more of the forms to taxpayers who itemized deductions and received a refund, or received an interest payment of $10 or more, or received an MCTR payment of $600 or more. The bulletin provides: 1) information on situations when overpayments or interest income reported on the forms are considered refunded; ...
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