April 2024 California Personal Income Tax Daily Revenue Tracker

April 15 is the normal annual personal income tax (PIT) payment deadline. However, for the prior year the Franchise Tax Board extended the deadline in conformity with the Internal Revenue Service in response to the 2022-23 winter storms. In 2023, the state and federal PIT payment and filing deadline was extended through November 16. For 2024, April 15 is the PIT payment deadline.

General Fund PIT receipts for the current fiscal year (FY 2023-24) totaled $83.87 billion through March 31, which was $3.80 billion, or 4.34 percent, lower than anticipated in the 2024-25 Governor’s Budget.

The FY 2024-25 Governor’s Budget estimated April 2024 PIT collections to total $16.30 billion. PIT receipts expected in April represent 7.67 percent of total General Fund revenues of $212.51 billion anticipated for the entire 2023-24 fiscal year.  

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

Personal Income Tax Revenues

 

2023-24 FY Date Daily Personal Income Tax Revenues
(Receipts And Withholding Minus Refunds)**
2023-24 FY Year-To-Date
Personal Income Tax Revenues

2022-23 FY 

Date

2022-23 FY 
Year-To-Date Personal Income Tax Revenues
Ending Balance March 31   83,870,692 Ending Balance March 31, 2023 72,192,410
      Ending Balance April 30, 2023 79,641,770
      Ending Balance October 31, 2023 39,331,969
         
April 1 - 83,870,692 November 1 39,784,462
April 2 1,098,741 84,969,433 November 2 40,445,581
April 3 398,441 85,367,874 November 3 40,811,920
April 4 825,215 86,193,089 November 4 ***
April 5 (49,880) 86,143,209 November 5 ***
April 6 *** *** November 6 41,188,435
April 7 *** *** November 7 41,400,946
April 8 133,275 86,276,484 November 8 41,443,661
April 9 368,551 86,645,035 November 9 41,758,032
April 10 310,522 86,955,557 November 10 41,758,032
April 11 407,401 87,362,958 November 11 ***
April 12 434,356 87,797,314 November 12 ***
April 13 *** *** November 13 42,144,036
April 14 *** *** November 14 42,351,792
April 15 1,477,993 89,275,307 November 15 42,548,415
April 16 3,330,793 92,606,100 November 16 43,152,610
April 17 4,160,986 96,767,086 November 17 43,730,537
April 18 1,888,961 98,656,047 November 18 ***
April 19 1,032,545 99,688,592 November 19 ***
April 20 *** *** November 20 44,110,073
April 21 *** *** November 21 44,885,720
April 22 63,711 99,752,303 November 22 45,382,924
April 23 138,695 99,890,998 November 23 45,382,924
April 24 100,110 99,991,108 November 24 45,382,924
April 25 130,363 100,121,471 November 25 ***
April 26 (81,224) 100,040,247 November 26 ***
April 27 *** *** November 27 46,203,558
April 28 *** *** November 28 46,262,687
April 29 (164,770) 99,875,477 November 29 46,607,817
April 30 440,449 100,315,926 November 30 47,244,242
         
April Total 16,444,734 100,315,926 November Total $ 47,244,242

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

**   Amounts are net of refunds. A negative figure indicates the daily refund total outpaced daily receipts and withholdings.

*** No transactions are posted on weekends/holidays.

Source: California State Controller's Office