California FTB Issues Reminder for Individual Income Tax Payments Due July 15

The California Franchise Tax Board (FTB) July 8 issued a reminder for taxpayers that July 15 is the deadline to pay postponed individual income taxes owed for 2019 and estimated taxes for the first and second quarters of 2020. Taxpayers who need to make a 2019 tax return payment and owe estimated taxes for 2020 must make two separate payments by July 15, one for the 2019 tax return payment and one for the 2020 estimated tax payments. The two estimated quarterly tax payments may be combined into a single payment. The FTB also provides information on: 1) online and ...