2024-04: FTB admits delays in processing business tax returns

The FTB announced today that there have been delays in processing 2022 business entity tax returns due to systemic issues resulting from programming changes made to accommodate the winter storm disaster extensions. (FTB Tax News, February 2024) This delay is in addition to the stated eight-month time frame for processing business tax refunds.

We have heard from numerous practitioners that the delay is especially impacting LLC refunds claimed on 2022 Form 568, LLC Return of Income, even those that were filed by the original March 15, 2023, deadline.

The FTB anticipates that these returns will now be processed within 30–45 days.

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