California Tax Power of Attorney or also known as FTB 3520, Franchise Tax Board Power of Attorney Declaration is a legal document intended to facilitate granting powers to a representative to delegate with the Franchise Tax Board on your behalf as well as to receive confidential communication. The so appointed agent is also in a position to obtain information about nontax programs. However, you must specify agent’s email address to receive the information. Form FTB 3520 is suitable for individuals, fiduciary, and business entities. The form has 9 sections and your inputs in all sections are necessary.
Franchise Tax Board Power of Attorney Declaration Facts
- You may need to enclose duly completed forms like Federal Form 2848, 8821, BOE 392, and 56 in addition to form FTB 3520 in support of your power of attorney when applicable.
- Specify tax affairs and tax year in part 4 and 5 as applicable. You may choose to provide additional privileges in part 5.
- Furnish the particulars of representative and/or additional representative in part 2.
- You can control the information sent to a representative by selecting the appropriate choices in part 8.
Directions to fill the California Tax Power of Attorney
Step 1: Furnish detailed information about you as a taxpayer in part 1. Specify particulars only in one section out of three. Specify particulars of representative and/or additional representative in part 2. Insert email address to receive notifications as Franchise Tax Board does not send mail notifications.
Step 2: Select the box in part 3 to grant full powers or specify the scope of powers by furnishing the particulars in part 4 – 4A and 4B. Select all applicable boxes in part 5 to grant additional privileges. Please clarify whether you wish to retain previously issued power of attorney and enclose a copy of the same in part 6. Continue by selecting nontax issues if any, in part 7.
Step 3: Select applicable choices in part 8 – 8A and 8B to provide authorization to the representative to receive confidential information. Mark your priorities carefully in this part of the power of attorney.
Step 4: Complete Franchise Tax Board Power of Attorney Declaration by submitting the particulars and sign in part 9.
Revocation of the California Tax Power of Attorney
Form FTB 3520, Franchise Tax Board Power of Attorney Declaration is forever in effect when you select powers in part 4, 5, and 7. You can issue a revocation instrument to terminate the power of attorney. However, it expires naturally in four years of signing and executing when the options from part 3 are selected. All non-FTB forms remain in force until revoked by you. Filing a new power of attorney revokes previously issued power of attorney/s. Your death, incapacitation, or incompetency revokes the power of attorney immediately. You must mail or fax a copy of the previously signed power of attorney with word “REVOKE” across the first page to Franchise Tax Board.