For the calendar year 2022 or fiscal year beginning M M D D 2 0 2 2 and ending M M D D Y Y Y Y-2025

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There are two kinds of tax years: Calendar Tax Year: This is a period of 12 consecutive months beginning January 1 and ending December 31; or. Fiscal Tax Year: This is a period of 12 consecutive months ending on the last day of any month except December.
While a calendar makes it easy to manage your financial and accounting affairs, it doesnt always offer the greatest advantages. Thats because using a calendar year can potentially create inaccurate measurements for certain businesses. Seasonal businesses benefit the most from the use of a fiscal year.
File Form 1128 to request a change in tax year.
A fiscal year, unlike a calendar year, can begin and end in any month. It is used by businesses and governments to synchronize business and tax planning.
Use Form 540 to file California resident income tax return.
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Most filers are subject to a calendar tax year beginning January 1 and ending December 31. Tax returns for the year are usually due on April 15 of the following year. Business taxes may be filed using a calendar year or a fiscal year.

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