Form 3805z - Enterprise Zone Deduction And Credit Summary - 1998 Page 2
Download a blank fillable Form 3805z - Enterprise Zone Deduction And Credit Summary - 1998 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 3805z - Enterprise Zone Deduction And Credit Summary - 1998 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10Also, include the amount of hiring credit recap-
Indicate that you included the hiring credit recap-
S corporation shareholders must recapture the
ture on your California tax return or schedule as
ture on your tax return by writing ‘‘FTB 3805Z’’ in
portion of credit that was previously claimed,
follows:
the space provided on the schedule or form.
based on the terminated employee’s wages.
•
S corporations must also identify the recapture
Form 100, Schedule J;
Partnerships and limited liability companies
•
amount for shareholders on Schedule K-1
Form 100S, Schedule J and
(LLCs) taxed as partnerships must identify the
(100S). This amount will differ from the amount
Schedule K-1 (100S), line 23;
recapture amounts for their partners and mem-
•
recaptured by the S corporation on Form 100S,
Form 109, Schedule K;
bers on Schedule K-1 (565 or 568).
•
Schedule J.
Form 540, line 36;
•
Form 540NR, line 45;
•
Form 541, line 21b and
Schedule K-1 (541), line 11e;
•
Form 565, Schedule K, line 22 and
Schedule K-1 (565), line 22; or
•
Form 568, Schedule K, line 22 and
Schedule K-1 (568), line 22.
Worksheet I
Hiring Credit & Recapture — Enterprise Zones
Section A Credit Computation
Qualified wages paid or incurred for year of employment
(a) Employee name
(b) First year
(c) Second year
(d) Third year
(e) Fourth year
(f) Fifth year
1
2 Total. See instructions . . . . . . . . . . . . . . .
.50
.40
.30
.20
.10
3 Multiply line 2 by the percentage for each
column. See instructions . . . . . . . . . . . . . .
4 Add the amounts on line 3, column (b) through column (f). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
5 Enter the total amount of 1998 California and federal jobs tax credits allowed for the employees shown in column (a).
See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5
6 Subtract the amount on line 5 from the amount on line 4 and enter the result. See instructions . . . . . . . . . . . . . . . . . .
6
Section B Credit Recapture
(a) Terminated employee’s name
(b) Recapture amount
1
2 Total amount of credit recapture. Add the amounts in
column (b). See instructions for where to report on your
California tax return . . . . . . . . . . . . . . . . . . . . . . . .
2
FTB 3805Z Booklet 1998
Page 5
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form 3806 - California Los Angeles Revitalization Zone Deduction And Credit Summary - 2014
Financial
California Form 3806 - Los Angeles Revitalization Zone Deduction And Credit Summary - 2013
Financial
Related Categories
Parent category: Financial