California Tax Form 100s Fill in and Calculate California State tax Online

California Tax Form 100s: California Corporation Franchise or Income Tax Return

Use the California Tax Form Calculator California Tax Form 100s: California Corporation Franchise or Income Tax Return as a stand alone tax form calculator to quickly calculate specific amounts for your 2025 California state tax return.

California Corporation Franchise or Income Tax Return
A	1. FINAL RETURN? Dissolved Surrendered (withdrawn) Merged/Reorganized IRC Section 338 sale QSub election Enter date (mm/dd/yyyy)
	2. Is the S corporation deferring any income from the disposition of assets?						Yes No
	If “Yes” enter the year of disposition (yyyy)
	3. Is the S corporation reporting previously deferred income from: Installment sale IRC §1031 IRC §1033 Other
B	1. During this taxable year, did another person or legal entity acquire control or majority ownership (more than a 50% interest) of this corporation or any of its subsidiaries that owned California real property (i .e ., land, buildings), leased such property for a term of 35 years or more, or leased such property from a government agency for any term?						Yes No
	2. During this taxable year, did this corporation or any of its subsidiaries acquire control or majority ownership (more than a 50% interest) in another legal entity that owned California real property (i .e ., land, buildings), leased such property for a term of 35 years or more, or leased such property from a government agency for any term?						Yes No
	3. During this taxable year, has more than 50% of the voting stock of this corporation cumulatively transferred in one or more transactions after an interest in California real property (i .e ., land, buildings) was transferred to it that was excluded from property tax reassessment under Revenue and Taxation Code Section 62(a)(2) and it was not reported on a previous year’s tax return?						Yes No
	(Yes requires filing of statement, penalties may apply – see instructions.)
State Adjustments	1	Ordinary income (loss) from trade or business activities from Schedule F (Form 100S, Side 4), line 22 or federal Form 1120S, line 21 . If Schedule F (Form 100S, Side 4) was not completed, attach federal Form 1120S, page 1, and supporting schedules				1
	2	Foreign or domestic tax based on income or profits and California franchise or income tax deducted				2
	3	Interest on government obligations				3
	4	Net capital gain from Schedule D (100S), Section A & Section B . Attach Schedule D (100S) . See instructions				4
	5	Depreciation and amortization adjustments . Attach Schedule B (100S)				5
	6	Portfolio income				6
	7	Other additions. Attach schedule(s)				7
	8	Total. Add line 1 through line 7				8
	9	Dividends received deduction. Attach Schedule H (100S)			9
	10	Water’s-edge dividend deduction . Attach Schedule H (100S)			10
	11	Contributions. See instructions			11
	12	Other deductions. Attach schedule(s)			12
	13	Total. Add line 9 through line 12				13
	14	Net income (loss) after state adjustments. Subtract line 13 from Side 1, line 8				14
CA Net Income	15	Net income (loss) for state purposes. Use Schedule R if apportioning or allocating income				15
	16	R&TC Section 23802(e) deduction. See instructions			16
	17	Net operating loss deduction. See instructions			17
	18	EZ, LARZ, TTA, or LAMBRA NOL carryover deduction. See instructions			18
	19	Disaster loss deduction . See instructions			19
	20	Net income for tax purposes . Combine line 16 through line 19. Subtract the result from line 15				20
Taxes	21	Tax. % x line 20 (at least minimum franchise tax, if applicable). See instructions				21
	22	Credit name code amount ▸			22
	23	Credit name code amount ▸			23
	24	To claim more than two credits, see instructions			24
	25	Add line 22 through line 24 . Attach Schedule C (100S)				25
	26	Balance. Subtract line 25 from line 21 (not less than minimum franchise tax plus QSub annual tax(es), if applicable)				26
	27	Tax from Schedule D (100S). Attach Schedule D (100S). See instructions				27
	28	Excess net passive income tax. See instructions				28
	29	Total tax. Add line 26 through line 28				29
Taxes	30	Overpayment from prior year allowed as a credit			30
	31	2017 Estimated tax/QSub payments. See instructions			31
	32	2017 Withholding (Forms 592-B and/or 593). See instructions			32
	33	Amount paid with extension of time to file tax return			33
	34	Total payments. Add line 30 through line 33				35
Refund or Amount Due	35	Use tax. This is not a total line. See instructions			36
	36	Payments balance. If line 34 is more than line 35, subtract line 35 from line 34				37
	37	Use tax balance. If line 35 is more than line 34, subtract line 34 from line 35				37
	38	Franchise or income tax due. If line 29 is more than line 36, subtract line 36 from line 29				38
	39	Overpayment. If line 36 is more than line 29, subtract line 29 from line 36				39
	40	Amount of line 39 to be credited to 2018 estimated tax				40
	41	Refund. Subtract line 40 from line 39 See instructions to have the refund directly deposited .				42
		41a. Routing number
		41b. Type Checking Savings
		41c. Account number
	42	a Penalties and interest				42a
		b Check if estimate penalty computed using Exception B or C on form FTB 5806 . See instructions.
	43	Total amount due. Add line 37, line 38, line 40, and line 42a. Then, subtract line 39 from the result				43
Schedule Q Questions (continued from Side 1)
C	Principal business activity code. Do not leave blank Business activity Product or service
D	Is this S corporation filing on a water’s-edge basis pursuant to R&TC Sections 25110 and 25113 for the current taxable year?						Yes No
E	Does this tax return include Qualified Subchapter S Subsidiaries?						Yes No
F	Date incorporated (mm/dd/yyyy): Where: State Country
G	Maximum number of shareholders in the S corporation at any time during the year . Do not leave blank
H	Date business began in California or date income was first derived from California sources (mm/dd/yyyy)
I	Is the S corporation under audit by the IRS or has it been audited in a prior year?						Yes No
J	Effective date of federal S election (mm/dd/yyyy)
L	Accounting method (1) Cash (2) Accrual (3) Other
M	Location of principal accounting records
N	“Doing business as’’ (DBA) name . See instructions
O	Have all required information returns (e .g ., federal Forms 1099, 8300, and state Forms 592, 592-B etc .) been filed with the Franchise Tax Board?					N/A Yes No
P	Is this S corporation apportioning or allocating income to California using Schedule R?						Yes No
Q	Has the S corporation included a reportable transaction or listed transaction within this return? See instructions for definitions. If “Yes,” complete and attach federal Form 8886, for each transaction.						Yes No
R	Did this S corporation file the federal Schedule M-3 (Form 1120S)?						Yes No
S	Is form FTB 3544A, List of Assigned Credit Received and/or Claimed by an Assignee, attached to the return?						Yes No
Schedule J Add-On Taxes and Recapture of Tax Credits. See instructions.
1	LIFO recapture due to S corporation election (IRC Section 1363(d) deferral $)					1
2	Interest computed under the look-back method for completed long-term contracts (attach form FTB 3834)					2
3	Interest on tax attributable to installment a) Sales of certain timeshares and residential lots					3a
	b) Method for nondealer installment obligations					3b
4	IRC Section 197(f)(9)(B)(ii) election					4
5	Credit recapture name					5
6	Combine line 1 through line 5 . Revise the amount on Side 2, line 38 or line 39, whichever applies, by this amount . Write “Schedule J’’ to the left of line 38 or line 39					6
Schedule F Computation of Net Income. See instructions.
Income	1	a) Gross receipts or gross sales
		b) Less returns and allowance c) Balance				1c
	2	Cost of goods sold from Schedule V, line 8				2
	3	Gross profit. Subtract line 2 from line 1c				3
	4	Net gain (loss). Attach schedule				4
	5	Other income (loss). Attach schedule				5
	6	Total income (loss). Combine line 3 through line 5				6
Deductions	7	Compensation of officers. Attach schedule. See instructions				7
	8	Salaries and wages				8
	9	Repairs and maintenance				9
	10	Bad debts				10
	11	Rents				11
	12	Taxes			12
	13	Interest			13
	14	a) Depreciation b) Less depreciation reported elsewhere c) Balance			14c
	15	Depletion			15
	16	Advertising			16
	17	Pension, profit-sharing plans, etc			17
	18	Employee benefit programs			18
	19	a) Total travel and entertainment b) Deductible amount			19b
	20	Other deductions. Attach schedule		20
	21	Total deductions. Add line 7 through line 20		21
	22	Ordinary income (loss) from trade or business. Subtract line 21 from line 6. Enter here and on Side 1, line 1		22
The corporation may not be required to complete Schedule L and Schedule M-1. See Schedule L and Schedule M-1 instructions for reporting requirements.
Schedule L Balance Sheet			Beginning of taxable year		End of taxable year
Assets			(a)	(b)	(c)	(d)
1	Cash
2	a Trade notes and accounts receivable
	b Less allowance for bad debts
3	Inventories
4	Federal and state government obligations
5	Other current assets. Attach schedule(s)
6	Loans to stockholders/officers. Attach schedule
7	Mortgage and real estate loans
8	Other investments. Attach schedule(s)
9	a Buildings and other fixed depreciable assets
	b Less accumulated depreciation
10	a Depletable assets
	b Less accumulated depletion
11	Land (net of any amortization)
12	a Intangible assets (amortizable only)
	b Less accumulated amortization
13	Other assets. Attach schedule(s)
14	Total assets
Liabilities and Stockholders’ Equity
15	Accounts payable
16	Mortgages, notes, bonds payable in less than 1 year
17	Other current liabilities. Attach schedule(s)
18	Loans from stockholders. Attach schedule(s)
19	Mortgages, notes, bonds payable in 1 year or more
20	Other liabilities. Attach schedule(s)
21	Capital stock
22	Paid-in or capital surplus
23	Retained earnings
24	Adjustments. Attach schedule(s)
25	Less cost of treasury stock
26	Total liabilities and shareholders’ equity
Schedule M-1 Reconciliation of Income (Loss) per Books With Income (Loss) per Return. If the corporation completed federal Schedule M-3 (Form 1120 /1120-F), see instructions .
1	Net income per books
2	Income included on Schedule K, line 1 through line 10b, not recorded on books this year (itemize)
3	Expenses recorded on books this year not included on Schedule K, line 1 through line 12e (itemize)
	a	Depreciation $
	b	State taxes $
	c	Travel and entertainment $
	d	Other $
	e	Total. Add line 3a through line 3d
4	Total. Add line 1 through line 3e
5	Income recorded on books this year not included on Schedule K, line 1 through line 10b (itemize)
	a	Tax-exempt interest $
	b	Other $
	c	Total. Add line 5a and line 5b
6	Deductions included on Schedule K, line 1 through line 12e, not charged against book income this year (itemize)
	a	Depreciation $
	b	State tax refunds $
	c	Other $
	d	Total. Add line 6a through line 6c
7	Total. Add line 5c and line 6d
8	Income (loss) (Schedule K, line 19, col. d). Line 4 less line 7
Schedule M-2 CA Accumulated Adjustments Account, Other Adjustments Account, and Other Retained Earnings. See instructions
Important: Use California figures and federal procedures.				(a) Accumulated adjustments account	(b) Other adjustments account	(c) Other retained earnings (see instructions)
1	Balance at beginning of year
2	Ordinary income from Form 100S, Side 1, line 1
3	Other additions
4	Loss from Form 100S, Side 1, line 1
5	Other reductions
6	Combine line 1 through line 5
7	Distributions other than dividend distributions
8	Balance at end of year. Subtract line 7 from line 6
9	Retained earnings at end of year. Add line 8, column (a) through column (c)
	If the corp . has C corp . E&P at the end of the taxable year, check the box and enter the amount . See instructions
Schedule V Cost of Goods Sold
1	Inventory at beginning of year					1
2	Purchases					2
3	Cost of labor					3
4	Other IRC Section 263A costs. Attach schedule					4
5	Other costs. Attach schedule					5
6	Total. Add line 1 through line 5					6
7	Inventory at end of year					7
8	Cost of goods sold. Subtract line 7 from line 6					8
Was there any change in determining quantities, costs, or valuations between opening and closing inventory?						Yes No
If “Yes,’’ attach an explanation . Enter California seller’s permit number, if any . ▸
Method of inventory valuation
Check if the LIFO inventory method was adopted this taxable year for any goods. If checked, attach federal Form 970
If the LIFO inventory method was used for this taxable year, enter the amount of closing inventory computed under LIFO
Schedule K S Corporation Shareholder’s Shares of Income, Deductions, Credits, etc.
	(a) Pro-rata share items			(b) Amount from federal K (112OS)	(c) California Adjustment	(d) Total amounts using California law
Income (Loss)	1	Ordinary business income (loss)	1
	2	Net rental real estate income (loss). Attach federal Form 8825	2
	3	a Other gross rental income (loss)	3a
		b Expenses from other rental activities . Attach schedule	3b
		c Other net rental income (loss). Subtract line 3b from line 3a	3c
	4	Interest income	4
	5	Dividends. See instructions	5
	6	Royalties	6
	7	Net short-term capital gain (loss). Attach Schedule D (100S)	7
	8	Net long-term capital gain (loss). Attach Schedule D (100S)	8
	9	Net IRC Section 1231 gain (loss)	9
Other Income (Loss)	10	a Other portfolio income (loss). Attach schedule	10a
		b Other income (loss). Attach schedule	10b
Deductions	11	IRC Section 179 expense deduction. Attach Schedule B (100S)	11
	12	a Charitable contributions	12a
		b Investment interest expense	12b
		c 1 IRC Section 59(e)(2) expenditures	12c1
		2 Type of expenditures	12c2
		d Deductions-portfolio. Attach schedule	12d
		e Other deductions. Attach schedule	12e
Credits	13	a Low-income housing credit. See instructions	13a
		b Credits related to rental real estate activities. Attach schedule	13b
		c Credits related to other rental activities. See instructions. Attach schedule	13c
		d Other credits. Attach schedule	13d
	14	Total withholding allocated to all shareholders	14
Alternative Minimum Tax (AMT) Items	15	a Depreciation adjustment on property placed in service after 12/31/86	15a
		b Adjusted gain or loss. See instructions	15b
		c Depletion (other than oil and gas)	15c
		d 1 Gross income from oil, gas, and geothermal properties	15d1
		2 Deductions allocable to oil, gas, and geothermal properties	15d2
		e Other AMT items	15e
Items Affecting Shareholder Basis	16	a Tax-exempt interest income	16a
		b Other tax-exempt income	16b
		c Nondeductible expenses	16c
		d Total property distributions (including cash) other than dividends distribution reported on line 17c	16d
Other Information	17	a Investment income . See instructions	17a
		b Investment expenses. See instructions	17b
		c Total dividend distributions paid from accumulated earnings and profits	17c
		d Other items and amounts not included in lines 1 - 17b and lines 18a-e that are required to be reported separately to shareholders . Attach schedule	17d
Other State Taxes	18	a Type of income	18a
		b Name of state	18b
		c Total gross income from sources outside California. Attach schedule	18c
		d Total applicable deductions and losses. Attach schedule	18d
		e Total other state taxes. Check one: Paid Accrued	18e
Recon- ciliation	19	Income (loss) (required only if Schedule M-1 must be completed). Combine line 1, line 2, and line 3c through line 10b. From the result, subtract the sum of lines 11, 12a, 12b, 12c1, 12d and 12e	19

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