California Franchise Tax Board does allow individuals to set up a payment plan for their state taxes if they are unable to pay the full amount owed by the tax deadline. Generally, individuals can request a payment plan for amounts of $25 or more that they owe. The payment plan can help manage the financial burden by allowing taxpayers to pay their outstanding balance in installments over time.
To set up a payment plan, taxpayers typically need to provide some personal and financial information, including details about their income and expenses. California Franchise Tax Board usually offers an online application process, making it more convenient for individuals to set this up. It is important to keep in mind that interest and penalties may apply to any unpaid balances even while enrolled in the payment plan.
For the most accurate and current information on setting up a payment plan, as well as specific details on eligibility and application procedures, individuals should refer to the official California Franchise Tax Board website.