California tax filing season is now open for business. And according to the Franchise Tax Board, business is already brisk.
California has launched its tax filing season way ahead of the IRS.
"We have received promptly around 1,200 e-file tax returns," Dan Tahara with the Franchise Tax Board said.
Most who file early have a reason, he said.
"They want to get those returns in as fast as possible and get that money back in their pockets," he said.
Tahara says tax rates and exemption credits are adjusted for inflation, which is a good thing for some.
"For people who make the same, or close to what they made last year, they'll actually pay less in taxes," Tahara said.
Tahara says 80 percent of Californians now e-file their state taxes, which he says is faster, safer and if you have direct deposit, you can receive your refund in seven to 10 days.