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what is the difference between the franchise tax board and the i.r.s.?

if i owe to the ftb can that affect my irs tax refund or just the ftb refund?

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  • Anonymous
    4 years ago
    Favorite Answer

    the Franchise Tax Board, if this is Calif. is the state income tax agency

    the IRS is the Internal Revenue Service, the federal agency that administers the tax laws of the US Gov't

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  • 4 years ago

    The difference is:

    FTB collects state taxes for the state government of the state of California, which is based in Sacramento, CA.

    IRS collects federal taxes for the national government of the United States, which is based in Washington, DC.

    Owing either one can affect the refund from the other.

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  • tro
    Lv 7
    4 years ago

    I would say the world of difference, the IRS is governed by laws passed by Congress

    the FTB a division of the state of California is governed by laws passed in Calif by Calif. legislators

    Calif does agree to some of the IRS tax laws but in some may delay them for years

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  • 4 years ago

    IRS is federal - no idea who the FTB is - probably your state dept of revenue

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  • 4 years ago

    IRS is federal, FTB is state. FTB cannot take IRS refund.

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