This article is reproduced with permission from Spidell Publishing, Inc.
Tax returns that come in for processing to the California Tax Franchise Board (FTB) are analyzed with a return analysis system. If the return looks suspicious, the FTB attempts to verify the taxpayer’s identity by mailing Form FTB 4734D, Request for Tax Information and Documents.
The FTB will send the form within 30 days of the date the return is filed, and until the taxpayer responds to the form and the FTB can make a decision about whether to continue processing, the return is placed on hold.
To verify the taxpayer’s identity and process the return, Form 4734D requests that copies of certain identifying documentation be sent to the FTB, such as:
- Driver’s license;
- W-2s; and
- 1099s.
According to the FTB, the best way to respond to the notice is to fax that information to the number on the notice.
For more information about this article, please contact our tax professionals at taxalerts@windes.com or toll free at 844.4WINDES (844.494.6337).