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 | ||||
| 1 | |||||
| 2 | |||||
| 3 | |||||
| (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) | |
| 1 | |||||
| 2 | |||||
| 3 | |||||
| 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. | |||||
| Part II Deduction for Dividends Paid to a Corporation by an Insurance Company (R&TC Section 24410) | |||||
| (a) Dividend payer | (b) Dividend payee | ||||
| 1 | |||||
| 2 | |||||
| 3 | |||||
| (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) | |
| 1 | |||||
| 2 | |||||
| 3 | |||||
| 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. | ||||
Last reviewed: : If you believe this form requires an update, please contact us.
Quick Access Tools
Frequently Asked Questions
Does CA allow a child/dependent care credit?
California offers a nonrefundable Child and Dependent Care Expenses Credit to eligible filers.
Will my monthly net match my paycheck exactly?
Our monthly view shows even splits; employer day-based cycles can create small variances.
Are union dues deductible for CA?
Some employee expenses differ between federal and CA; itemized deductions vary—check CA rules.
Are ESA/Coverdell accounts treated like federal in CA?
Conformity is mixed; verify CA treatment of contributions/earnings.
Do local sales/property taxes affect my CA income tax?
Some amounts factor through itemizing; SALT deduction limits apply federally, CA rules differ.
Important Notes
All calculations are estimates for guidance only. Always review your return and consider professional advice when submitting official filings.