Form 109 California Exempt Organization Business Income Tax Return - California

What Is Form 109?

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 109 California Exempt Organization Business Income Tax Return?A: Form 109 California Exempt Organization Business Income Tax Return is a tax form used by exempt organizations in California to report their business income.

Q: Who needs to file Form 109?A: Exempt organizations in California that have business income need to file Form 109.

Q: What is considered business income?A: Business income includes income derived from regular trade or business activities, including rental income, royalty income, and income from the sale of goods or services.

Q: Are all exempt organizations in California required to file Form 109?A: Not all exempt organizations are required to file Form 109. Only those with business income need to file this form.

Q: When is the deadline to file Form 109?A: The deadline to file Form 109 is the same as the federal income tax deadline, which is typically April 15th, or the next business day if it falls on a weekend or holiday.

Q: Is there a fee to file Form 109?A: There is no fee to file Form 109.

Q: Can Form 109 be filed electronically?A: Yes, Form 109 can be filed electronically using the California Franchise Tax Board's e-file system.

Q: What are the consequences of not filing Form 109?A: Failure to file Form 109 can result in penalties and interest charges imposed by the California Franchise Tax Board.

Q: Can a tax professional or accountant help with filing Form 109?A: Yes, a tax professional or accountant can assist with filing Form 109 and ensure it is filled out correctly.