Part II Employer Childcare Contribution Credit. Read the instructions before completing this part.
(a)
(b)
(c)
(d)
(e)
Name of employee’s
Contribution amount
30% (.30) of column (b),
Number of weeks of
Credit amount,
dependent
but not more than $360
care ÷ 42, but not
Column (c) x column (d)
more than 100%
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$ _____________________
$ _____________________
____________________%
$ _____________________
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2 Pass-through credit from Schedule K-1 (100S, 541, 565, or 568) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
00
3 Total current year credits. Add amounts in line 1, column (e), and line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . 3
00
4 S corporations only: Enter (.333) of the amount on line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
00
5 Credit carryover from 2010. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
00
6 Total available credit. S corporations: Add line 4 and line 5
All others: Add line 3 and line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
00
7a Amount of credit claimed on the current year tax return.
(Do not include any assigned credit claimed on form FTB 3544A.)
See General Information, Part II, D, Limitations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7a
00
7b Total credit assigned to other corporations within combined reporting group from
form FTB 3544, column (g). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7b
00
8 Credit carryover available for future years. Add line 7a and line 7b, subtract the result from line 6 . . . . . . 8
00
General Information
Two or more employers (other than a husband
Pass-Through Entities
and wife or RDPs) who share in the costs
Also, use form FTB 3501 to figure any
New Jobs Credit – For taxable years beginning
eligible for the credit may claim the credit
recapture of the employer childcare program
on or after January 1, 2009, a new jobs credit
in proportion to the respective share of the
credit and to claim pass-through employer
will be allowed to qualified employers in the
costs they paid or incurred. When a husband
childcare program/contribution credits you
amount of $3,000 for each qualified full-time
and wife or RDPs file separate returns, either
received from S corporations, estates or trusts,
employee hired during the taxable year. For
spouse/RDP may claim the credit or each may
partnerships, or limited liability companies
more information, go to ftb.ca.gov and search
claim half (50%) of the credit.
(LLCs) classified as partnerships.
for new jobs or get form FTB 3527, New
C Qualifications
Jobs Credit.
S corporations, estates or trusts, partnerships,
and LLCs classified as partnerships should
Registered Domestic Partners (RDPs) – For
Childcare Program Startup
complete form FTB 3501 to figure the credit to
purposes of California income tax, references
You may claim this credit if you paid or
pass through to shareholders, beneficiaries,
to a spouse, husband, or wife also refer to a
incurred costs for the startup expenses
partners, or members. Attach this form to
RDP, unless otherwise specified. When we use
of establishing a childcare program or
Form 100S, California S Corporation Franchise
the initials RDP they refer to both a California
constructing childcare facilities in California,
or Income Tax Return; Form 541, California
registered domestic “partner” and a California
and you either:
Fiduciary Income Tax Return; Form 565,
registered domestic “partnership,” as
Partnership Return of Income; or Form 568,
applicable. For more information on RDPs, get
• Are an employer.
Limited Liability Company Return of Income.
FTB Pub. 737, Tax Information for Registered
• Own commercial or office space that you
Show the pass-through credit for each
lease to an employer.
Domestic Partners.
shareholder, beneficiary, partner, or member
The Employer Childcare Program Credit and
Information and Referral Services
on Schedule K-1 (100S, 541, 565, or 568),
the Employer Childcare Contribution Credit will
You may also claim a credit for contributions
Share of Income, Deductions, Credits, etc.
be available until January 1, 2012.
to California childcare information and referral
Part I — Employer Childcare
A Purpose
services that:
Program Credit
• Identify local childcare services.
Use form FTB 3501, Employer Childcare
• Offer information describing these
Program/Contribution Credit, to figure a credit
B Description
resources to employees.
if you are an employer and have established or
• Refer employees to childcare services
contributed to a qualified employee childcare
You may claim a credit of 30% (.30) of
where there are vacancies.
program, constructed a childcare facility in
costs you paid or incurred for establishing a
If two or more employers establish a childcare
California, or contributed to California childcare
childcare program, or constructing a childcare
facility, the credit is allowed if the facility’s
information and referral services. See R&TC
facility in California for use primarily by the
Sections 17052.17, 17052.18, 23617, and
primary use is by one or both of the following:
children of your employees, the children of
23617.5 for more information.
your tenants’ employees, or both.
• The children of the employees of each of
the employers.
Side 2 FTB 3501 2011
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