April 2023 California Personal Income Tax Daily Revenue Tracker (2024)

April 15 is the normal annual personal income tax (PIT) payment deadline. For 2023, April 18 is the deadline as April 15 is a Saturday. However, the Franchise Tax Board extended the deadline in conformity with the Internal Revenue Service in response to the 2022-23 winter storms. Therefore, individuals and businesses in counties impacted by 2022-23 winter storms qualify for an extension to file and pay taxes until October 16, 2023.

Last fiscal year, PIT totaling $143.62 billion, accounted for 62.34 percent of all state General Fund revenues. Of those receipts, 17.79 percent arrived during the month of April.

General Fund PIT receipts for the current fiscal year (FY 2022-23) totaled $72.19billion through March 31, which was $3.47billion, or 4.59percent, lower than anticipated in Governor Gavin Newsom’s FY 2023-24 budget proposal released in January.

The FY 2023-24 proposed budget estimated April 2023 PIT collections to total $11.29 billion. PIT receipts expected in April represent 5.44percent of total General Fund revenues of $207.34billion anticipated for the entire 2022-23 fiscal year. However, these estimates have not been adjusted for the income tax filing extension that was announced on March 2, 2023.

The chart below compares the running actual total to the estimate of April PIT receipts. The total consists of PIT receipts minus refunds.

April 2023 California Personal Income Tax Daily Revenue Tracker (4)

2022-23 FY DateDaily Personal Income Tax Revenues
(Receipts And Withholding Minus Refunds)**
2022-23 FY Year-To-Date
Personal Income Tax Revenues
2021-22 FY Year-To-Date
Personal Income Tax Revenues
Ending Balance March 3172,192,41099,095,335
April 1******99,713,472
April 2*********
April 3643,60372,836,013***
April 4548,27773,384,290100,113,351
April 522,62173,406,911100,774,050
April 6660,66774,067,578101,450,432
April 7(96,955)73,970,623102,014,586
April 8******102,160,793
April 9*********
April 1011,33173,981,954***
April 11396,92574,378,879102,382,309
April 12120,15874,499,037103,096,727
April 1342,71574,541,752103,908,814
April 14103,38274,645,134104,786,242
April 15******105,900,719
April 16*********
April 17306,30074,951,434***
April 18833,48575,784,919108,277,432
April 191,710,35177,495,270112,865,620
April 201,774,72579,269,995119,767,040
April 21394,32479,664,319122,271,812
April 22******123,143,098
April 23*********
April 24(66,555)79,597,764***
April 25(1,207,340)78,390,424123,214,840
April 26259,14778,649,571124,305,888
April 27696,23879,345,809124,033,668
April 28334,61079,680,419124,331,169
April 29******124,691,777
April 30*********
April Total$ 7,488,009$ 79,680,419$ 124,691,777

*The reconciliation of these numbers can take up to five business days. Therefore, final May revenues will not be known until the first week of June.

**A negative figure indicates the daily refund total outpaced daily receipts and withholdings.

***No transactions are posted on weekends.

Source: California State Controller's Office

April 2023 California Personal Income Tax Daily Revenue Tracker (2024)
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