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 Ftb 565 K1 Form 2019

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Instructions and help about Ftb 565 K1 Form

Hi, I'm Denise Azimi with the Franchise Tax Board, and I'm Jaime Garza from the Board of Equalization, and we're here today with another California Tax Tip for you. We're all familiar with California sales tax you typically pay when you buy cars or merchandise. And there's another tax that you're probably aware of, use tax. Well, like the sales tax, use tax applies when you make similar purchases, but from an out of state business which doesn't charge California sales tax. We have good news. This year, we made reporting use tax really easy--there's no need to dig through drawers looking for records or going online searching for receipts. That's right, if you didn't save your receipts, you don't have to panic. You can calculate your estimated use tax based upon your income with our convenient use tax lookup table, which you can find on the Board of Equalization's website. You can also find th

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