Form 100 California Corporation Franchise or Income Tax Return - California

What Is Form 100?

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 100?A: Form 100 is the California Corporation Franchise or Income Tax Return.

Q: Who needs to file Form 100?A: Corporations doing business in California that have a net income of $1 million or more, or that are incorporated in California, need to file Form 100.

Q: What is the purpose of Form 100?A: The purpose of Form 100 is to report a corporation's income and calculate the amount of franchise or income tax owed to the state of California.

Q: When is Form 100 due?A: Form 100 is due on or before the 15th day of the fourth month following the close of the corporation's taxable year.

Q: Are there any penalties for late filing of Form 100?A: Yes, there are penalties for late filing of Form 100. The penalty is based on the amount of tax due and the length of time the return is late, with a minimum penalty of $135.

Q: Do I need to attach any supporting documents to Form 100?A: Yes, you may need to attach certain schedules and forms to Form 100 depending on your specific situation. The instructions for Form 100 will provide more information on what needs to be attached.

Q: Can I e-file Form 100?A: Yes, you can e-file Form 100 using approved tax software or through a tax professional.

Q: What if I need an extension to file Form 100?A: You can request an automatic six-month extension to file Form 100 by filing Form 3539. However, any tax balance owed is still due by the original due date of the return.

Q: What if I have more questions about Form 100?A: If you have more questions about Form 100, you should consult the instructions provided by the California Franchise Tax Board or contact their office for assistance.