Form FTB3514 California Earned Income Tax Credit - California

What Is Form FTB3514?

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 FTB3514?A: Form FTB3514 is the California Earned Income Tax Credit form.

Q: What is the California Earned Income Tax Credit?A: The California Earned IncomeTax Credit is a refundable tax credit for low-income individuals and families in California.

Q: Who is eligible for the California Earned Income Tax Credit?A: To be eligible for the California Earned Income Tax Credit, you must meet certain income requirements and have earned income from wages or self-employment.

Q: How do I claim the California Earned Income Tax Credit?A: To claim the California Earned Income Tax Credit, you must complete and file Form FTB3514 with your California state tax return.

Q: What information is required to complete Form FTB3514?A: To complete Form FTB3514, you will need to provide information about your income, dependents, and eligibility for other tax credits.

Q: When is the deadline to submit Form FTB3514?A: The deadline to submit Form FTB3514 is the same as the deadline to file your California state tax return, which is typically April 15th.

Q: Is the California Earned Income Tax Credit refundable?A: Yes, the California Earned Income Tax Credit is a refundable tax credit, which means that if the credit exceeds your tax liability, you will receive a refund.

Q: Can I claim both the federal Earned Income Tax Credit and the California Earned Income Tax Credit?A: Yes, you can claim both the federal Earned Income Tax Credit and the California Earned Income Tax Credit, as long as you meet the eligibility requirements for each credit.

Q: Are there any limitations on the amount of the California Earned Income Tax Credit?A: Yes, there are income limitations on the California Earned Income Tax Credit. The credit amount gradually phases out as your income increases.