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Instructions: Long Form 540NR

Refund and Direct Deposit

Late Payment of Tax. If you fail to pay your total tax liability by

April 15, 2014, you will incur a late payment penalty plus interest. The penalty

Line 125 – Refund or No Amount Due

is 5% of the tax not paid when due plus 1/2% for each month, or part of a

month, the tax remains unpaid. We may waive the late payment penalty based

Did you report amounts on line 120, line 122, or line 123?

on reasonable cause. Reasonable cause is presumed when 90% of the tax

No Enter the amount from line 103 on line 125. This is your refund amount.

shown on the return is paid by the original due date of the return. However,

If it is less than $1, attach a written statement to your Long Form

the imposition of interest is mandatory. If, after April 15, 2014, you find

540NR requesting the refund.

that your estimate of tax due was too low, pay the additional tax as soon as

Yes Combine the amounts from line 120, line 122, and line 123. If the

possible to avoid or minimize further accumulation of penalties and interest.

result is:

Other Penalties. We may impose other penalties if a payment is returned for

• More than line 103, subtract line 103 from the sum of line 120,

insufficient funds. We may also impose penalties for negligence, substantial

line 122, and line 123 and enter the result on line 124. This is your

understatement of tax, and fraud.

total amount due. For payment options, see line 121 instructions.

• Less than line 103, subtract the sum of line 120, line 122, and

Line 123 – Underpayment of Estimated Tax

line 123 from line 103 and enter on line 125. This is your refund

You may be subject to an estimated tax penalty if any of the following is true:

amount.

• Your withholding and credits are less than 90% of your current tax year



liability.

Want a fast refund? Get your refund in 10 days or

• Your withholding and credits are less than 100% of your prior year tax

less when you e-file your tax return!

112

liability (110% if AGI is more than $150,000 or $75,000 if married/RDP

filing separately).

Line 126 and Line 127 – Direct Deposit of Refund

• You did not pay enough through withholding to keep the amount you owe

Direct deposit is fast, safe, and convenient. To have your refund directly

with your tax return under $500 ($250 if married/RDP filing separately).

deposited into your bank account, fill in the account information on Long

The FTB can figure the penalty for you when you file your tax return and send

Form 540NR, Side 3, line 126 and line 127. Fill in the routing and account

you a bill.

numbers and indicate the account type. Verify routing and account numbers

with your financial institution. Do not attach a voided check or deposit slip.

Is line 104 less than $500 ($250 if married/RDP filing separately)?

See the illustration on this page.

Yes

Stop. You are not subject to an estimated payment penalty.

Individual taxpayers may request that their refund be electronically deposited

Continue. You may be subject to an estimated payment penalty.

into more than one checking or savings account. This allows more options

Is line 104 less than 10% of the amount on line 63 (excluding the tax on

for managing your refund. For example, you can request part of your refund

lump-sum distributions on line 41)?

go to your checking account to use now and the rest to your savings account

Yes

Stop. You are not subject to an estimated payment penalty.

to save for later.

You may be subject to an estimated payment penalty, see form

The routing number must be nine digits. The first two digits must be 01

FTB 5805, Underpayment of Estimated Tax by Individuals and

through 12 or 21 through 32. On the sample check, the routing number is

Fiduciaries (or form FTB 5805F, Underpayment of Estimated Tax by

250250025. The account number can be up to 17 characters and can include

Farmers and Fishermen).

numbers and letters. Include hyphens but omit spaces and special symbols.

The underpayment of estimated tax penalty shall not apply to the extent the

On the sample check, the account number is 202020.

underpayment of an installment was created or increased by any provision

Check the appropriate box for the type of account. Do not check more than

of law that is chaptered during and operative for the taxable year of the

one box for each line.

underpayment. To request a waiver of underpayment of estimated tax

Enter the portion of your refund you want directly deposited into each

penalty, get form FTB 5805 or form FTB 5805F. See “Where To Get Income

account. Each deposit must be at least $1. The total of line 126 and line 127

Tax Forms and Publications” on page 62.

must equal the total amount of your refund on line 125. If line 126 and

If you complete one of these forms, enter the amount of the penalty on

line 127 do not equal line 125, the FTB will issue a paper check.

line 123 and check the correct box on line 123. Complete and attach the form

Caution: Check with your financial institution to make sure your deposit will

if you claim a waiver, use the annualized income installment method, or pay

be accepted and to get the correct routing and account numbers. The FTB

tax according to the schedule for farmers and fishermen, even if no penalty

is not responsible for a lost refund due to incorrect account information

is owed.

entered by you or your representative.

See “Important Dates” on page 2 for more information on estimated tax

Some financial institutions will not allow a joint refund to be deposited to

payments and how to avoid the underpayment penalty.

an individual account. If the direct deposit is rejected, the FTB will issue a

Line 124 – Total Amount Due

paper check.

Is there an amount on line 121?

1234

John Doe

Yes Add line 121, line 122, and line 123. Enter the result on line 124. For

Mary Doe

payment options, see line 121 instructions.

15-0000/0000

1234 Main Street

No Go to line 125.

Anytown, CA 99999

Make all checks or money orders payable in U.S. dollars and drawn against a

PAY TO THE

U.S. financial institution.

ORDER OF

DOLLARS

ANYTOWN BANK

Routing

Account

Do not include

Anytown, CA 99999

number

the check number

For

I:250250025 I:202020• 1234

540NR Tax Booklet 2013 Page 25

Instructions For Long Form 540nr - California Nonresident Or Part-Year Resident Income Tax Return - 2013 Page 9

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