Dividend Income Deduction
Use the California Tax Form Calculator California Tax Form 100sh as a stand alone tax form calculator to quickly calculate specific amounts for your 2026 California state tax return. Alternatively, you can use one of our Combined Federal and State Tax Estimators to quickly calculate your salary, tax, and take-home pay.
| Part I Elimination of Intercompany Dividends (R&TC Section 25106) | |||||
| (a) Dividend payer | (b) Dividend payee | ||||
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| (c) Total amount of dividends received | (d) Amount that qualifies for % elimination | (e) Amount from column (d) paid out of current year earnings and profits | (f) Amount from column (d) paid out of prior year earnings and profits | (g) Balance column (c) minus column (d) | |
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| Enter total amounts of each column on line 4 above. Enter total from Part I, line 4, column (d) on Form 100, Side 2, line 10. | |||||
| Part II Deduction for Dividends Paid to a Corporation by an Insurance Company (R&TC Section 24410) | |||||
| (a) Dividend payer | (b) Dividend payee | ||||
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| (c) Percentage of ownership of dividend payer (must be at least %) | (d) Total insurance dividends received | (e) Qualified dividend percentage (see instructions) | (f) Amount of qualified insurance dividends column (d) x column (e) | (g) Deductible dividends % of column (f) | |
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| 4 | Enter total amounts of each column on line 4 above. Enter total from Part I, line 4, column (d) on Form 100, Side 2, line 10. | ||||
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Frequently Asked Questions
How does Paid Family Leave show up on taxes?
PFL benefits are administered via EDD; federal/state taxability differs—check current guidance.
Does California allow Section 125 (cafeteria plan) pre-tax?
Many Section 125 items reduce taxable wages; details depend on CA conformity and plan design.
I moved mid-year—how is CA tax handled?
Use part-year rules; apportion income between states and file CA as part-year resident if applicable.
Does California tax ESOP distributions?
Distributions are generally taxable per federal/state rules; timing/character matters.
Can I add extra CA withholding to smooth refunds?
Yes—enter additional withholding and rerun to see impact on take-home and refund.
Important Notes
All calculations are estimates for guidance only. Always review your return and consider professional advice when submitting official filings.