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Penalties and Interest

Exempt Organizations

• If the corporation or exempt organization fails to pay its

• Form 100 filers:

total tax by the original due date, a late payment penalty

The due dates for corporations also apply to the filing of

plus interest will be added to the tax due.

Form 100, California Corporation Franchise or Income

Tax Return, by political action committees and exempt

• If the corporation or exempt organization does not file its

homeowners’ associations.

CA tax return by the extended due date, or the

corporation’s powers, rights, and privileges have been

Political action committees and exempt homeowners’

suspended or forfeited by the FTB or the California SOS,

associations that file Form 100 should not enter the

as of the original due date, the automatic extension will

minimum franchise tax on line 1 of the Tax Payment

not apply and a delinquency penalty plus interest will be

Worksheet.

assessed from the original due date of the CA tax return.

• Form 199 Filers:

Generally, Form 199, California Exempt Organization

Combined Reports

Annual Information Return, requires a $10 filing fee to be

paid with the return on the original or extended due date.

• If members of a combined unitary group have made or

Use form FTB 3539 only if paying the fee early. Enter the

intend to make an election to file a Combined Unitary

amount of the fee on line 3 of the Tax Payment

Group Single Return, only the key corporation desig-

Worksheet.

nated to file the return should submit form FTB 3539.

The key corporation must include payment of at least the

• Form 109 Filers:

minimum franchise tax for each corporation of the

The due dates for filing Form 109, California Exempt

combined unitary group that is subject to the franchise

Organization Business Income Return, depend on the

tax in California.

type of organization filing the return. Employees’

pension trusts and IRAs (including education IRAs)

• If members of a combined unitary group intend to file

must file on or before the 15th day of the 4th month

separate returns with the FTB, each member must

after the close of their taxable year. All other exempt

submit its own form FTB 3539 if there is an amount

organizations (except homeowners’ associations and

entered on line 3 of the Tax Payment Worksheet.

political organizations) must file on or before the 15th

day of the 5th month after the close of their taxable year.

TAX PAYMENT WORKSHEET FOR YOUR RECORDS

1 Total tentative tax. Include alternative minimum tax if applicable. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . .

2 Estimated tax payments including prior year overpayment applied as a credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

3 Tax Due. If line 2 is more than line 1, see instructions. If line 1 is more than line 2, subtract line 2 from line 1.

Enter the result here and on form FTB 3539 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

How to Complete the Tax Payment Worksheet

Line 2 – Enter the estimated tax payments, including prior

year overpayment applied as a credit. S corporations include

Line 1 – Enter the total tentative tax, including the alterna-

any QSub annual tax payments.

tive minimum tax, if applicable, for the taxable year.

Line 3

• If filing Form 100, Form 100W, or Form 100S and subject

to franchise tax, the tentative tax may not be less than the

Tax due. If the amount on line 1 is more than the amount on

minimum franchise tax and Qualified Subchapter S

line 2, then the corporation’s or exempt organization’s

Subsidiary (QSub) annual tax (S corporations only).

tentative tax is more than its payments and credits. The

corporation or exempt organization has tax due.

• If filing Form 100, Form 100W, or Form 100S, and

subject to income tax, enter the amount of tax. Corpora-

Subtract line 2 from line 1. Enter this amount on line 3 and

tions subject to the income tax do not pay the minimum

on form FTB 3539.

franchise tax.

If the amount on line 2 is more than the amount on line 1,

• If a corporation incorporates or qualifies to do business

the payments and credits are more than the tentative tax.

in California on or after January 1, 2000, the corporation

The corporation or exempt organization has no tax due. DO

will compute its tax liability for the first taxable year by

NOT SEND THE PAYMENT VOUCHER. The corporation or

multiplying its state net income by the appropriate tax

exempt organization will automatically qualify for an

rate and will not be subject to the minimum franchise

extension if the CA tax return is filed by the extended due

tax. The corporation will become subject to minimum

date.

franchise tax beginning in its second taxable year.

• If filing Form 109, enter the amount of tax. Form 109

filers are not subject to the minimum franchise tax.

Page 2 FTB 3539 2000

California Form 3539 (Corp) - Payment Voucher For Automatic Extension For Corporations And Exempt Organizations - 2000 Page 2

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