Form 590 Withholding Exemption Certificate - California

What Is Form 590?

This is a legal form that was released by the California Franchise Tax Board - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 590?A: Form 590 is the Withholding Exemption Certificate for California.

Q: Who should use Form 590?A: California residents who want to claim an exemption from withholding on certain types of income.

Q: What types of income does Form 590 cover?A: Form 590 covers income from interest, dividends, and certain retirement plans.

Q: How do I fill out Form 590?A: You will need to provide your personal information, including your name, address, and Social Security number, and indicate the type of income you are claiming the exemption for.

Q: Is Form 590 only for California residents?A: Yes, Form 590 is specifically for California residents.

Q: Is filling out Form 590 mandatory?A: No, it is not mandatory to fill out Form 590. However, if you do not fill it out, withholding taxes may be automatically deducted from your income.

Q: Can I claim exemptions for multiple types of income on Form 590?A: Yes, you can claim exemptions for multiple types of income on Form 590.

Q: How often do I need to fill out Form 590?A: You should fill out Form 590 each year or whenever there is a change in your exemption status or income sources.