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TAXABLE YEAR
California Corporation
FORM
2005
100W
Franchise or Income Tax Return — Water’s-Edge Filers
For calendar year 2005 or fiscal year beginning month ____ day ____ year 2005, and ending month ____ day ____ year 20 ____ .
California corporation number
Federal employer identification number (FEIN)
Check if corporation has:
Refund on line 40
-
or
Amount due on line 42
Corporation name
Address including Suite or Room no.
PMB no.
City
State
ZIP Code
Schedule Q Questions
B Is income included in a combined report of a
unitary group? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ¼ ¼ ¼ ¼ ¼
A Final return? ¼ ¼ ¼ ¼ ¼
Yes
No
Dissolved
Surrendered (withdrawn)
If yes, indicate:
wholly within CA (R&TC 25101.15)
Merged/Reorganized
IRC Section 338 sale
QSub election.
within and outside of CA
Enter date ¼ ¼ ¼ ¼ ¼ ________________________________________
( continued on Side 2)
¼ ¼ ¼ ¼ ¼
1 Net income (loss) before state adjustments. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1
¼ ¼ ¼ ¼ ¼
2 Amount deducted for foreign or domestic tax based on income or profits . . . . . . . . . . . . . . . . . . . . . . . .
2
¼ ¼ ¼ ¼ ¼
3 Amount deducted for tax under the provisions of the Corporation Tax Law . . . . . . . . . . . . . . . . . . . . . . .
3
¼ ¼ ¼ ¼ ¼
4 Interest on government obligations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
¼ ¼ ¼ ¼ ¼
5 Net California capital gain from Schedule D, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
¼ ¼ ¼ ¼ ¼
6 Depreciation and amortization in excess of amount allowed under California law. Attach form FTB 3885 .
6
¼ ¼ ¼ ¼ ¼
7 a Net income from included CFCs from form FTB 2416, column i. See instructions . . . . . . . . . . . . . . . . .
7a
¼ ¼ ¼ ¼ ¼
b Net income from corporations not included in federal consolidated return. See instructions . . . . . . . . .
7b
¼ ¼ ¼ ¼ ¼
8 Other additions. Attach schedule(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8
¼ ¼ ¼ ¼ ¼
9 Total. Add line 1 through line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
10 Intercompany dividend deduction. Attach Schedule H (100W) . .
10
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
11 a Foreign dividend deduction. Attach Schedule H (100W) . . . . . .
11a
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
b Dividends received deduction . . . . . . . . . . . . . . . . . . . . . . . . . .
11b
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
12
12
Additional depreciation allowed under CA law. Attach form FTB 3885
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
13 Capital gain from federal Form 1120 or Form 1120A, line 8 . . . .
13
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
14 Contributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
14
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
15
EZ, TTA, or LAMBRA business expense and EZ net interest deduction
15
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
16 Other deductions. Attach schedule(s) . . . . . . . . . . . . . . . . . . . . .
16
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
17 Total. Add line 10 through line 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17
¼ ¼ ¼ ¼ ¼
18 Net income (loss) after state adjustments. Subtract line 17 from line 9. See instructions . . . . . . . . . . . . .
18
¼ ¼ ¼ ¼ ¼
19 Net income (loss) for state purposes. Complete Schedule R if apportioning income. See instructions . . .
19
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
20 Net operating loss (NOL) carryover deduction. See instructions .
20
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
21 Pierce’s disease, EZ, LARZ, TTA, or LAMBRA NOL carryover
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
deduction. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
22 Disaster loss carryover deduction. See instructions . . . . . . . . . .
22
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
23 Net income for tax purposes. Combine line 20 through 22. Then subtract from line 19 . . . . . . . . . . . . . .
23
24 Tax. __________% x line 23 (not less than minimum franchise tax, if applicable) . . . . . . . . . . . . . . . . . .
24
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
25
25
Credit name ________________________code no. __ __ __ amount
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
26
Credit name ________________________code no. __ __ __ amount
26
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
¼ ¼ ¼ ¼ ¼
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
27 To claim more than two credits, see instructions . . . . . . . . . . . . .
27
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
28 Add line 25 through line 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
28
29 Balance. Subtract line 28 from line 24 (not less than minimum franchise tax, if applicable) . . . . . . . . . .
29
30 Alternative minimum tax. Attach Schedule P (100W). See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . .
30
31 Total tax. Add line 29 and line 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
31
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
32 Overpayment from prior year allowed as a credit . . . . . . . . . . . .
32
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
33 2005 Estimated tax payments. See instructions . . . . . . . . . . . .
33
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
34 2005 Nonresident or real estate withholding. See instructions . .
34
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
35 Amount paid with extension of time to file return . . . . . . . . . . . .
35
1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7
36 Total payments. Add line 32 through line 35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
36
100W05103
Form 100W
2005 Side 1
C1