California Tax Form 3725 | Fill in and Calculate California State Tax Online

Assets Transferred from Corporation to Insurance Company

Use the California Tax Form Calculator California Tax Form 3725 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.

Assets Transferred from Corporation to Insurance Company

Part I Assets Transferred from Corporation to Insurance Company

Section A – Information on Property Transferred

Was appreciated property transferred to an insurance company?

Yes
No

If “Yes,” enter the insurance company’s name, California corporation number, and/or FEIN (see instructions), then continue with line 2. If “No,” skip line 2 and line 3 and continue with Part II.

Does the insurance company use the transferred property in the active conduct of the insurer’s trade or business?

Yes
No

If “Yes,” continue with line 3. If “No,” skip line 3, and continue with Part II.

Section B – Deferred Capital Gains. See instructions . Use additional sheets if necessary

(a)
Taxable year

(b)
Description of property transferred

(d)
Date transferred (mm/dd/yyyy)

(e)
Fair market value (FMV) at date of transfer

(f)
Adjusted basis of the transferred property on date of transfer

(g)
Amount of gain
deferred under
R&TC Section 24465
col (e) less col (f)

Part II Information on Stocks. See instructions

Did the corporation transfer shares of stock to an insurer?

Yes
No

a Did the insurer transfer, or otherwise dispose of any transferred stock received in this taxable year or a prior taxable year?

Yes
No

If “Yes,” what was the cumulative percentage of transferred stock (measured by relative fair market value) that was transferred or disposed of?

b Was the insurer’s stock transferred or disposed of?.

Yes
No

f “Yes,” what was the cumulative percentage of the insurer’s stock (measured by relative fair market value) that was transferred or disposed of?

Did the insurer issue additional, or cancel existing shares of stock during the taxable year?
If “Yes,” answer lines 6a and 6b.

Yes
No

a Indicate the number of shares outstanding before such issuance or cancellation

b Indicate the number of shares outstanding after such issuance or cancellation

Did the transferred entity issue additional or cancel existing shares of stock during the taxable year? See instructions. If “Yes,” answer lines 7a and 7b.

Yes
No

a Indicate the number of shares outstanding before such issuance or cancellation

b Indicate the number of shares outstanding after such issuance or cancellation

Did the insurer or transferred entity issue another class of stock or type of equity interest?

Yes
No

Did the equity interest in the transferred entity become worthless?

Yes
No

Part III Assets Transferred from Insurance Company. See instructions.

Did the ownership of the holder of the transferred property change during the taxable year?
If “Yes,” go to line 11. If “No,” skip line 11.

Yes
No

Is the holder of the property held by an insurer in the commonly controlled group of the transferor or a member of the taxpayer’s combined reporting group?
If “Yes,” go to line 12. If “No,” complete Part IV

Yes
No

Did the insurer dispose of, in whole or in part, any transferred property during the taxable year?
If “Yes,” go to line 13. If “No,” do not complete Part IV

Yes
No

Did the insurer dispose of any transferred property to a member of the corporation/transferor’s combined reporting group or to another insurer in the transferor’s commonly controlled group during the taxable year?
If “Yes,” go to line 14. If “No,” the gain is taxable, complete Part IV

Yes
No

Does the transferee use the property it received in the active conduct of a trade or business?
If “Yes,” do not complete Part IV. If “No,” the gain is taxable, complete Part IV.

Yes
No

Part IV Capital Gains and Losses

Section A – Short-Term Capital Gains and Losses - Assets Held One Year or Less. See instructions . Use additional sheets if necessary

(a)
Taxable Year

(b)
Description of property

(d)
Percentage of property

(e)
Date (mm/dd/yyyy)

(f)
Amount realized or FMV

(g)
Adjusted basis of property

(h)
Gain (loss) col (f) less col (g)

Short-term capital gains (losses). Total amounts in column (h). Enter here and on Form 100 or Form 100W, Side 6, Schedule D, Part I, line 1, column (f) or Schedule D (100S), Section A or Section B, Part I, line 1, column (f). See instructions

Section B – Long-Term Capital Gains and Losses - Assets Held More Than One Year. See instructions . Use additional sheets if necessary

(a)
Taxable Year

(b)
Description of property

(d)
Percentage of property

(e)
Date (mm/dd/yyyy)

(f)
Amount realized or FMV

(g)
Adjusted basis of property

(h)
Gain (loss) col (f) less col (g)

Long-term capital gains (losses). Total amounts in column (h). Enter here and on Form 100 or Form 100W, Side 6, Schedule D, Part II, line 5, column (f) or Schedule D (100S), Section A or Section B, Part II, line 4, column (f). See instructions

Last reviewed: : If you believe this form requires an update, please contact us.

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Frequently Asked Questions

How does community property affect my CA return?

Married/RDP filers may have community property allocation rules; see CA guidance.

Are employer retirement contributions taxed by CA?

Pre-tax 401(k)/403(b) contributions reduce federal and generally CA taxable wages.

Is there a separate Medicare surtax in CA?

Additional Medicare is federal; California PIT is separate and applies via its own brackets/credits.

Does CA tax out-of-state remote work?

CA generally taxes income earned while working in CA; non-CA work may be non-CA source—track days/location.

Can I deduct mortgage interest in CA?

Often yes, subject to CA limits/adjustments; compare standard vs itemized for CA.

Important Notes

All calculations are estimates for guidance only. Always review your return and consider professional advice when submitting official filings.