Form FTB3885 Corporation Depreciation and Amortization - California

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Form FTB3885 Corporation Depreciation and Amortization - California

What Is Form FTB3885?

This is a legal form that was released by the California Franchise Tax Board - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is form FTB3885?
A: Form FTB3885 is a California state tax form used by corporations to report depreciation and amortization expenses.

Q: Who needs to file form FTB3885?
A: Corporations that have depreciation and amortization expenses in California need to file form FTB3885.

Q: What is depreciation?
A: Depreciation is the reduction in value of an asset over time due to wear and tear or obsolescence.

Q: What is amortization?
A: Amortization is the gradual reduction of an intangible asset's value over time.

Q: What information is required on form FTB3885?
A: Form FTB3885 requires the corporation to provide details of its depreciation and amortization expenses, including the assets being depreciated or amortized, the method used, and the amounts involved.

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Form Details:

  • Released on January 1, 2017;
  • The latest edition provided by the California Franchise Tax Board;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;

Download a printable version of Form FTB3885 by clicking the link below or browse more documents and templates provided by the California Franchise Tax Board.

Download Form FTB3885 Corporation Depreciation and Amortization - California

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  • Form FTB3885 Corporation Depreciation and Amortization - California, Page 1
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