1067B Schedule: Group Nonresident Return Payment Transfer Request (2024)
California · FTB · Used for tax years 2024
California Schedule 1067B requests a transfer of payments between a group nonresident return account and individual accounts. It lists the individuals involved and the amounts to transfer, including prior-year transfers, quarterly payments, and extension payments.
Who files this form
Use Schedule 1067B to request a transfer of payments from a group nonresident return account to an individual account, or from an individual account to the group.
The person signing must be authorized by the business entity or corporation and the individuals to request the transfers shown.
What you'll need
Have the following information ready:
- Business entity or corporation name, address, FEIN, and California Secretary of State file number, if issued.
- Taxable year.
- Each individual’s name, SSN or ITIN, complete address, and status as in or out of the group.
- Payment amounts for prior-year transfers, quarters 1 through 4, extension payments, and total payments.
- Authorized signer’s name, title, signature, date, telephone number, and contact person.
If a taxpayer’s status has changed after the transfer, such as being included in or excluded from the group, submit a revised Schedule 1067A with the request. Use separate sheets if needed.
How to file
- Enter the business information and taxable year.
- Check only one box: A to move payments from the group to an individual account, or B to move payments from an individual account to the group.
- Complete the applicable amount field, individual details, payment amounts, and totals. Use separate sheets if needed.
- Have the authorized person complete and sign the request.
- Fax or mail the request separately from the return.
Fax: 916.845.9392
Mail:
GROUP FILING PROGRAM MS L170
ATTN: INFORMATION VALIDATION SECTION (732)
FRANCHISE TAX BOARD
PO BOX 1468
SACRAMENTO CA 95812-1468
Common mistakes
- Checking both transfer boxes. Check only one box.
- Attaching the request to the return. Fax or mail it separately from the return.
- Leaving out a revised Schedule 1067A when group status changes. Submit it with the request if a taxpayer’s status has changed after the transfer.
- Expecting an immediate transfer. The form says processing a request to move estimated tax payments takes 6 to 8 weeks.
Questions people ask
Can payments be moved in either direction?
Yes. Box A requests a transfer from the group to an individual account. Box B requests a transfer from an individual account to the group. Check only one box.
How long does processing take?
The form says it takes 6 to 8 weeks to process a request to move estimated tax payments.
Should I attach Schedule 1067B to the return?
No. The request must be faxed or mailed separately from the return.
What if an individual’s group status changes after the transfer?
Submit a revised Schedule 1067A with the request if the taxpayer’s status has changed, such as being included in or excluded from the group.