California 100s instructions 2021-2025

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  1. Click ‘Get Form’ to open the California 100S Instructions 2021 in our editor.
  2. Begin by entering the taxable year at the top of the form. Ensure you select '2021' for accurate processing.
  3. Fill in your corporation name and California corporation number. If applicable, include your FEIN and Secretary of State file number.
  4. Complete the address section, including street address, city, state, and ZIP code. For foreign addresses, refer to specific instructions provided.
  5. Proceed to Schedule Q questions. Answer each question regarding final returns and asset dispositions accurately by checking 'Yes' or 'No'.
  6. Continue filling out income details on Side 1, ensuring all income sources are reported correctly as per the guidelines.
  7. Review deductions and credits on subsequent pages. Attach any necessary schedules as indicated in the instructions.

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Form 100S is used if a corporation has elected to be a small business corporation (S corporation). All federal S corporations subject to California laws must file Form 100S and pay the greater of the minimum franchise tax or the 1.5% income or franchise tax.
Taxpayers must use Form 100X to amend a previously filed Form 100, California Corporation Franchise or Income Tax Return, Form 100S, California S Corporation Franchise or Income Tax Return, or Form 100W, California Corporation Franchise or Income Tax Return - Waters-Edge Filers, and it can be filed only after filing
Under California Revenue and Taxation Code Section 19255, the statute of limitations to collect unpaid state tax debts is 20 years from the assessment date, but there are situations that may extend the period or allow debts to remain due and payable.
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H. Where to File Mail Form 100S with payment to: Mail Franchise Tax Board. PO Box 942857. Sacramento, CA 94257-0501. e-filed returns: Mail form FTB 3586, Payment Voucher for Corporations and Exempt Organizations e-filed Returns, with payment to: Mail Franchise Tax Board. PO Box 942857. Sacramento, CA 94257-0531.

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