Instructions for Form 100x - Amended Corporation Franchise or Income Tax Return 2017

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2017 Instructions for Form 100X
Amended Corporation Franchise or Income Tax Return
General Information
B
When to File
Credit Card
Corporations can use a Discover, MasterCard,
File Form 100X only after the original tax return
Unless otherwise stated, the term
Visa, or American Express Card to pay
has been filed. Corporations must file a claim
“corporation” as used in Form 100X, Amended
business taxes. Go to officialpayments.com.
for refund within four years from the original
Corporation Franchise or Income Tax Return,
Official Payments Corp. charges a convenience
due date of the tax return, the date the tax
and in these instructions includes banks,
fee for using this service.
return was filed, or within one year from the
financial corporations, S corporations,
date the tax was paid, whichever is later. Tax
D
Where to File
exempt homeowners’ associations, political
returns filed before the due date are considered
organizations, limited liability companies
Payments
as filed on the original due date.
and limited liability partnerships classified as
If a tax is due and the corporation is not
corporations.
If the Internal Revenue Service (IRS) examines
required to make the payment electronically
and changes the federal corporate tax, the
Business e-file
(by EFT, EFW, Web Pay, or credit card):
corporation must report those changes to
The Franchise Tax Board (FTB) offers e-filing
y Mail Form 100X with payment to:
the FTB within six months of the final federal
for corporations filing Form 100X. Check
determination by using either of the following
with software providers to see if they support
FRANCHISE TAX BOARD
method:
PO BOX 942857
business e-filing.
SACRAMENTO CA 94257-0501
y Filing Form 100X.
For taxable years beginning on or after
y Sending a letter with copies of the federal
January 1, 2014, California law requires
y e-filed returns: Mail form FTB 3586,
changes to:
any business entity that files an original or
Payment Voucher for Corporations and
Exempt Organizations e-filed
amended tax return that is prepared using
CORPORATION RAR
tax preparation software, to electronically file
FRANCHISE TAX BOARD
Returns, with payment to:
(e-file) their tax return with the FTB. For more
PO BOX 942857
FRANCHISE TAX BOARD
information, go to ftb.ca.gov and search for
SACRAMENTO CA 94257-0501
PO BOX 942857
business efile.
SACRAMENTO CA 94257-0531
With either method, the corporation must
Deployed Military Exemption
include a copy of the final federal determination
Using black or blue ink, make the check or
For taxable years beginning on or after
and all underlying data and schedules that
money order payable to the “Franchise Tax
January 1, 2010, and before January 1, 2018,
explain or support the federal adjustments.
Board.” Write the California corporation
a corporation that is a small business solely
Most penalties assessed by the IRS also apply
number, the appropriate taxable year, and
owned by a deployed member of the United
under California law. If penalties are included in
“Form 100X” on the check or money order.
States Armed Forces shall not be subject
a payment with the amended tax return, see the
Make all checks or money orders payable in
to the minimum franchise tax if the owner
instructions for line 19, Penalties and interest.
U.S. dollars and drawn against a U.S. financial
is deployed during the taxable year and the
C
Electronic Payments
institution.
corporation operates at a loss or ceases
Do not attach a copy of the return with the
operation. Corporations exempt from the
Electronic Funds Transfer (EFT)
balance due payment if the corporation e-filed
minimum franchise tax should write “Deployed
Corporations remitting an estimated tax
Form 100X.
Military” in red ink in the top margin of the tax
payment or extension payment in excess
return. For more information, get Form 100,
Refunds
of $20,000 or having a total tax liability in
California Corporation Franchise or Income Tax
Mail Form 100X requesting a refund to:
excess of $80,000 must remit all of their
Return, or Form 100S, California S Corporation
FRANCHISE TAX BOARD
payments through EFT. Once a corporation
Franchise or Income Tax Return instructions.
PO BOX 942857
meets the threshold, all subsequent payments
SACRAMENTO CA 94257-0500
regardless of amount, tax type, or taxable
A
Purpose
year must be remitted electronically to avoid
Return Without Payment or Paid
Use Form 100X to amend a previously filed
a 10% non-compliance penalty. The first
Electronically
Form 100, Form 100S, or Form 100W,
payment that would trigger the mandatory
Mail Form 100X without a payment or paid by
California Corporation Franchise or Income Tax
EFT requirement does not have to be made
EFT, EFW, Web Pay or credit card to:
Return – Water’s-Edge Filers.
electronically. Corporations required to remit
FRANCHISE TAX BOARD
A claim for refund of an overpayment of tax
payments electronically may use electronic
PO BOX 942857
should be made by filing Form 100X.
funds withdrawal (EFW), Web Pay or credit
SACRAMENTO CA 94257-0500
card and be considered in compliance with that
If the corporation is filing an amended tax
Private Delivery Services
requirement. The FTB notifies corporations that
return in response to a billing notice the
California law conforms to federal law
are subject to this requirement. Those that do
corporation received, the corporation will
regarding the use of certain designated
not meet these requirements may participate
continue to receive billing notices until the
private delivery services to meet the “timely
on a voluntary basis. Indicate which taxable
amended tax return is accepted. In addition,
mailing as timely filing/paying” rule for tax
year the payment should be applied to when
the corporation must pay the assessed tax
returns and payments. See the instructions for
paying electronically. For more information, go
before the corporation can claim a refund for
federal Form 1120, U.S. Corporation Income
to ftb.ca.gov/eft or call 916.845.4025.
any part of the assessed tax.
Tax Return, for a list of designated delivery
Web Pay
services. Private delivery services cannot
Corporations can make payments online
deliver items to PO boxes. If using one of these
using Web Pay for Businesses. Corporations
services to mail any item to the FTB, do not
can make an immediate payment or schedule
use an FTB PO box.
payments up to a year in advance. Go to
Mail the amended tax return to:
ftb.ca.gov/pay for more information.
FRANCHISE TAX BOARD
SACRAMENTO CA 95827
Form 100X Instructions 2017 Page 1
2017 Instructions for Form 100X
Amended Corporation Franchise or Income Tax Return
General Information
B
When to File
Credit Card
Corporations can use a Discover, MasterCard,
File Form 100X only after the original tax return
Unless otherwise stated, the term
Visa, or American Express Card to pay
has been filed. Corporations must file a claim
“corporation” as used in Form 100X, Amended
business taxes. Go to officialpayments.com.
for refund within four years from the original
Corporation Franchise or Income Tax Return,
Official Payments Corp. charges a convenience
due date of the tax return, the date the tax
and in these instructions includes banks,
fee for using this service.
return was filed, or within one year from the
financial corporations, S corporations,
date the tax was paid, whichever is later. Tax
D
Where to File
exempt homeowners’ associations, political
returns filed before the due date are considered
organizations, limited liability companies
Payments
as filed on the original due date.
and limited liability partnerships classified as
If a tax is due and the corporation is not
corporations.
If the Internal Revenue Service (IRS) examines
required to make the payment electronically
and changes the federal corporate tax, the
Business e-file
(by EFT, EFW, Web Pay, or credit card):
corporation must report those changes to
The Franchise Tax Board (FTB) offers e-filing
y Mail Form 100X with payment to:
the FTB within six months of the final federal
for corporations filing Form 100X. Check
determination by using either of the following
with software providers to see if they support
FRANCHISE TAX BOARD
method:
PO BOX 942857
business e-filing.
SACRAMENTO CA 94257-0501
y Filing Form 100X.
For taxable years beginning on or after
y Sending a letter with copies of the federal
January 1, 2014, California law requires
y e-filed returns: Mail form FTB 3586,
changes to:
any business entity that files an original or
Payment Voucher for Corporations and
Exempt Organizations e-filed
amended tax return that is prepared using
CORPORATION RAR
tax preparation software, to electronically file
FRANCHISE TAX BOARD
Returns, with payment to:
(e-file) their tax return with the FTB. For more
PO BOX 942857
FRANCHISE TAX BOARD
information, go to ftb.ca.gov and search for
SACRAMENTO CA 94257-0501
PO BOX 942857
business efile.
SACRAMENTO CA 94257-0531
With either method, the corporation must
Deployed Military Exemption
include a copy of the final federal determination
Using black or blue ink, make the check or
For taxable years beginning on or after
and all underlying data and schedules that
money order payable to the “Franchise Tax
January 1, 2010, and before January 1, 2018,
explain or support the federal adjustments.
Board.” Write the California corporation
a corporation that is a small business solely
Most penalties assessed by the IRS also apply
number, the appropriate taxable year, and
owned by a deployed member of the United
under California law. If penalties are included in
“Form 100X” on the check or money order.
States Armed Forces shall not be subject
a payment with the amended tax return, see the
Make all checks or money orders payable in
to the minimum franchise tax if the owner
instructions for line 19, Penalties and interest.
U.S. dollars and drawn against a U.S. financial
is deployed during the taxable year and the
C
Electronic Payments
institution.
corporation operates at a loss or ceases
Do not attach a copy of the return with the
operation. Corporations exempt from the
Electronic Funds Transfer (EFT)
balance due payment if the corporation e-filed
minimum franchise tax should write “Deployed
Corporations remitting an estimated tax
Form 100X.
Military” in red ink in the top margin of the tax
payment or extension payment in excess
return. For more information, get Form 100,
Refunds
of $20,000 or having a total tax liability in
California Corporation Franchise or Income Tax
Mail Form 100X requesting a refund to:
excess of $80,000 must remit all of their
Return, or Form 100S, California S Corporation
FRANCHISE TAX BOARD
payments through EFT. Once a corporation
Franchise or Income Tax Return instructions.
PO BOX 942857
meets the threshold, all subsequent payments
SACRAMENTO CA 94257-0500
regardless of amount, tax type, or taxable
A
Purpose
year must be remitted electronically to avoid
Return Without Payment or Paid
Use Form 100X to amend a previously filed
a 10% non-compliance penalty. The first
Electronically
Form 100, Form 100S, or Form 100W,
payment that would trigger the mandatory
Mail Form 100X without a payment or paid by
California Corporation Franchise or Income Tax
EFT requirement does not have to be made
EFT, EFW, Web Pay or credit card to:
Return – Water’s-Edge Filers.
electronically. Corporations required to remit
FRANCHISE TAX BOARD
A claim for refund of an overpayment of tax
payments electronically may use electronic
PO BOX 942857
should be made by filing Form 100X.
funds withdrawal (EFW), Web Pay or credit
SACRAMENTO CA 94257-0500
card and be considered in compliance with that
If the corporation is filing an amended tax
Private Delivery Services
requirement. The FTB notifies corporations that
return in response to a billing notice the
California law conforms to federal law
are subject to this requirement. Those that do
corporation received, the corporation will
regarding the use of certain designated
not meet these requirements may participate
continue to receive billing notices until the
private delivery services to meet the “timely
on a voluntary basis. Indicate which taxable
amended tax return is accepted. In addition,
mailing as timely filing/paying” rule for tax
year the payment should be applied to when
the corporation must pay the assessed tax
returns and payments. See the instructions for
paying electronically. For more information, go
before the corporation can claim a refund for
federal Form 1120, U.S. Corporation Income
to ftb.ca.gov/eft or call 916.845.4025.
any part of the assessed tax.
Tax Return, for a list of designated delivery
Web Pay
services. Private delivery services cannot
Corporations can make payments online
deliver items to PO boxes. If using one of these
using Web Pay for Businesses. Corporations
services to mail any item to the FTB, do not
can make an immediate payment or schedule
use an FTB PO box.
payments up to a year in advance. Go to
Mail the amended tax return to:
ftb.ca.gov/pay for more information.
FRANCHISE TAX BOARD
SACRAMENTO CA 95827
Form 100X Instructions 2017 Page 1
Specific Line Instructions
Column (b) – Enter the net increase or the
Line 11, column (c) – Correct amount of tax
net decrease for each line changed. List each
Do not enter less than the minimum franchise
change on Side 2, Part V, line 2 and provide an
tax, unless an exception applies. For more
Additional Information
explanation and supporting schedules for each
information on the type of entities that are
Use the additional information field for
change.
subject to, or not subject to the minimum
“Owner/Representative/Attention” name, and
franchise tax, see the instructions under the
other supplemental address information only.
Column (c) – Add any increase in column (b)
Franchise or Income Tax section and Minimum
to the amount in column (a) or subtract any
Foreign Address
Franchise Tax section included in Form 100,
decrease in column (b) from the amount in
If the corporation has a foreign address, follow
Form 100W, or Form 100S tax booklets.
column (a) and enter the result in column (c).
the country’s practice for entering the city,
If there is no change, enter the amount from
Include QSub taxes on this line, if applicable.
county, province, state, country, and postal
column (a) in column (c).
code, as applicable, in the appropriate boxes.
Line 14 – Alternative minimum tax
Do not abbreviate the country name.
This applies to Form 100 or Form 100W filers
Part I Income and Deductions
only.
Questions
Enter in column (b) the net increase or net
Line 5 – Net income (loss) from Schedule R
decrease in AMT between the original and
B and C – The corporation must report to
If the corporate taxpayer apportions its
amended Schedule P (100), Alternative
the FTB any changes made by the IRS to
business income to California and there is
Minimum Tax and Credit Limitations –
any item on the tax return or the taxpayer’s
a net change in the amount of net business
Corporations, or Schedule P (100W),
account, including changes to gross income,
income (loss) after state adjustments
Alternative Minimum Tax and Credit
deductions, penalty, credit or tax, whether or
apportioned to the corporate taxpayer, then the
Limitations – Water’s-Edge Filers. Be sure
not the change results in additional tax for
corporate taxpayer must recompute and attach
to attach the amended Schedule P (100) or
California for the same or any other taxable
Schedule R, Apportionment and Allocation of
Schedule P (100W) to Form 100X.
year within six months of the date of the final
Income.
federal determination.
Line 17 – Other adjustments to tax
Part II Computation of Tax,
For interest adjustments under the look-back
If the IRS adjustments result in a refund for
Penalties, and Interest
method of completed long-term contracts,
California, generally the corporation must file
enter the net increase or net decrease in
a claim for refund within two years of the IRS
For more information such as applicable tax
column (b). Be sure to sign the amended form
final determination date.
rates or instructions on how to determine net
FTB 3834, Interest Computation Under the
Be sure to include a complete copy of the
operating loss deduction, alternative minimum
Look-Back Method for Completed Long-Term
final federal determination and all supporting
tax (AMT), excess net passive income tax,
Contracts, and attach it to Form 100X.
computations and schedules, along with a
etc., get Form 100, Form 100W, or Form 100S
Also, enter in column (b) the net increase or
schedule of the adjustments as applicable
instructions for the taxable year being
net decrease of any credit recapture, LIFO
to the corporation’s California tax liability.
amended.
recapture, or tax on installment sales. For
For more information, get FTB Pub. 1008,
Line 7 – Net operating loss (NOL) deduction
more information, see Form 100, Form 100W,
Federal Tax Adjustments and Your Notification
NOLs incurred in taxable years beginning on
or Form 100S, Schedule J, Add-on Taxes
Responsibilities to California.
or after January 1, 2013, shall be carried back
and Recapture of Tax Credits, or Form 100,
D, E, and F – Check the appropriate box to
to each of the preceding two taxable years.
Form 100W, or Form 100S instructions.
indicate whether this Form 100X is being
The allowable NOL carryback percentage
Line 19 – Penalties and interest
filed to amend a Form 100, Form 100W, or
varies. For an NOL incurred in a taxable
Line 19 (a) – Enter the net increase or net
Form 100S. If filing an amended return for
year beginning on or after January 1, 2015,
decrease of any penalties being reported on the
Form 100S, enter the maximum number of
the carryback amount shall be 100% of the
amended tax return.
shareholders in the S corporation at any time
NOL. The corporation computes the NOL
during the year.
The corporation cannot reduce the estimated
carryback in Part III of form FTB 3805Q, Net
tax penalty previously assessed, even if
Operating Loss (NOL) Computation and NOL
G – Check the “Yes” box if this Form 100X is
the corporation reduces the tax due if this
and Disaster Loss Limitations – Corporations.
being filed as a protective claim for refund.
amended tax return is filed after the original
For more information regarding carryovers or
A protective claim is a claim for refund
filing due dates, including extensions.
carrybacks, get form FTB 3805Q and FTB Legal
filed before the expiration of the statute of
Ruling 2011-04 (see Situation 3).
limitations for which a determination of the
Line 19 (b) – Enter the net increase or net
claim depends on the resolution of some other
decrease of interest being reported on the
Line 8 – EZ, LARZ, TTA, or LAMBRA NOL
disputed issues, such as pending state or
amended tax return.
deduction
federal litigation or audit.
Get the following forms for more information:
Line 19 (c) – Enter the total of line 19,
H – Corporations are not allowed to elect
column (a) and column (b).
y FTB 3805Z, Enterprise Zone Deduction and
or terminate a water’s-edge election on an
Credit Summary
If the corporation does not compute the
amended tax return. For information on how
y FTB 3806, Los Angeles Revitalization
interest due, the FTB will figure any interest
to elect or terminate a water’s-edge election,
Zone Net Operating Loss (NOL) Carryover
due and bill the corporation. Interest accrues
get the Form 100W instructions for the taxable
Deduction
on the unpaid tax from the original due date
year being amended.
y FTB 3807, Local Agency Military Base
of the tax return to the date paid. For the
Recovery Area Deduction and Credit
applicable interest rates, get FTB Pub. 1138,
Part I and Part II
Summary
Business Entity Refund/Billing Information.
y FTB 3809, Targeted Tax Area Deduction and
Column (a) – Enter the amounts as shown
Credit Summary
on the original or last previously amended
tax return, or if the tax return was adjusted
or examined, enter the amounts that were
determined by the FTB as a result of the
examination, whichever occurred later.
Page 2 Form 100X Instructions 2017
Part V Explanation of Changes
Large Corporate Understatement of Tax
General Phone Service
Penalty (LCUP)
Telephone assistance is available year-round
Line 1
Corporations are subject to LCUP for the
from 7 a.m. until 5 p.m. Monday through
If the original tax return was filed using a
understatement of tax if that understatement
Friday, except holidays. Hours subject to
different corporation name, address, California
exceeds the greater of:
change.
corporation number, and/or federal employer
y $1 million or
Telephone: 800.852.5711 from
identification number (FEIN), enter the name,
y 20% of the tax shown on an original or
within the United States
address, California corporation number, and
amended return filed on or before the
916.845.6500 from outside the
FEIN used on the original tax return on this
original or extended due of the return for
United States
line.
the taxable year.
TTY/TDD:
800.822.6268 for persons with
Line 2
hearing or speech disability
The amount of the penalty is equal to 20%
Explain in detail any changes made to the
711 or 800.735.2929 California
of the understatement of tax. See R&TC
amounts listed in Side 1, column (a). Include
relay service
Section 19138 for exceptions to the LCUP. For
in the explanation the line number references
IRS:
800.829.4933 call the IRS for
more information, go to ftb.ca.gov and search
for both the original and amended tax returns
federal tax questions
for lcup.
and any detailed computations. Include a copy
Asistencia en español:
of the federal Form 1120X, Amended U.S.
Part III Payments and Credits
Asistencia telefónica está disponible durante
Corporation Income Tax Return, and schedules
todo el año desde las 7 a.m. hasta las 5 p.m.
Enter any payments or credits on the
if a change was made to the federal tax return.
de lunes a viernes, excepto días feriados. Las
appropriate line.
Include the corporation’s name and California
horas están sujetas a cambios.
corporation number on all attachments.
If the corporation elected to report use tax
Teléfono:
800.852.5711 dentro de los
on the original tax return, do not include the
Signatures
Estados Unidos
amount of use tax paid with the original return
916.845.6500 fuera de los
on Part III.
Phone Number
Estados Unidos
Line 25 – Other payments
Include an officer’s phone number in case
TTY/TDD:
800.822.6268 para personas con
Enter any payment made that are not listed on
the FTB needs to contact the corporation for
discapacidades auditivas o del
the lines above. For example, if the corporation
information needed to process this return. By
habla
made a tax deposit payment with form
providing this information the FTB will be able
711 ó 800.735.2929 servicio de
FTB 3577, Pending Audit Tax Deposit Voucher
to process the return or issue the refund faster.
relevo de California
for Corporations, for this taxable year and
IRS:
800.829.4933 para preguntas
Preparer Tax Identification Numbers (PTIN)
wants to apply all or part of the tax deposit
sobre impuestos federales
Tax preparers must provide their PTIN on the
payment.
tax returns they prepared. Preparers who want
Part IV Amount Due or Refund
a PTIN should go to the IRS website at irs.gov
and search for ptin.
Line 29 – Amount due
Using black or blue ink, make the check or
Where to Get Tax Forms and
money order payable to the “Franchise Tax
Publications
Board” for the amount shown on line 29. Write
the California corporation number, applicable
By Internet – You can download, view, and
taxable year, and “Form 100X” on the check or
print California tax forms and publications at
money order. Enclose, but do not staple, the
ftb.ca.gov/forms.
check or money order with the Form 100X.
By Telephone – You can order current year
If the corporation must pay its tax liability
California tax forms from 6 a.m. to 10 p.m.
using EFT, all payments must be remitted
weekdays, 6 a.m. to 4:30 p.m. Saturdays,
by EFT, EFW, Web Pay, or credit card to
except holidays. Call 800.338.0505 and follow
avoid penalties. See General Information C,
the recorded instructions. Allow two weeks
Electronic Payments, for more information.
to receive your order. If you live outside of
Line 30 – Refund
California, allow three weeks to receive your
If the corporation is entitled to a refund larger
order.
than the amount claimed on the original tax
By Mail – Write to:
return, line 30 will show the amount of refund.
The FTB will figure any interest due and will
TAX FORMS REQUEST UNIT
include it in the refund. If the corporation is
FRANCHISE TAX BOARD
claiming a refund for interest previously paid,
PO BOX 307
include the interest amount on line 19.
RANCHO CORDOVA CA 95741-0307
Form 100X Instructions 2017 Page 3

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