Form 100 - California Corporation Franchise Or Income Tax Return - 2002 Page 2
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4Schedule D California Capital Gains and Losses
Part I Short-Term Capital Gains and Losses – Assets Held One Year or Less. Use additional sheet(s) if necessary.
(f)
(a)
(b)
(c)
(d)
(e)
Gain (loss)
Kind of property and description
Date acquired
Date sold
Gross sales price
Cost or other basis
(Example, 100 shares of Z Co.)
(mo., day, yr.)
(mo., day, yr.)
plus expense of sale
((d) less (e))
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2 Short-term capital gain from installment sales from form FTB 3805E, line 26 or line 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
3 Unused capital loss carryover from 2001 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3
4 Net short-term capital gain (loss). Combine line 1 through line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Part II Long-Term Capital Gains and Losses – Assets held More Than One Year. Use additional sheet(s) if necessary.
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6 Enter gain from Schedule D-1, line 9 and/or any capital gain distributions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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7 Long-term capital gain from installment sales from form FTB 3805E, line 26 or line 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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8 Net long-term capital gain (loss). Combine line 5 through line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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9 Enter excess of net short-term capital gain (line 4) over net long-term capital loss (line 8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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10 Net capital gain. Enter excess of net long-term capital gain (line 8) over net short-term capital loss (line 4) . . . . . . . . . . . . . . . .
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11 Total line 9 and line 10. Enter here and on Form 100, Side 1, line 5. Note: If losses exceed gains, carry forward losses to 2003 .
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Schedule J Add-On Taxes and Recapture of Tax Credits. See instructions.
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1 LIFO recapture due to S corporation election, IRC Sec. 1363(d) deferral: $____________________ . . . . . . . . . . . . . . . . . . . .
1
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2 Interest computed under the look-back method for completed long-term contracts (Attach form FTB 3834) . . . . . . . . . . . . . .
2
¼
3 Interest on tax attributable to installment:
a Sales of certain timeshares and residential lots . . . . . . . . . . . . . . . . . . . . . . . .
3a
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b Method for nondealer installment obligations . . . . . . . . . . . . . . . . . . . . . . . . .
3b
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4 IRC Section 197(f)(9)(B)(ii) election . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4
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5 Credit recapture name:_____________________________________________________________________ . . . . . . . . . . .
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6 Combine line 1 through line 5, Revise Side 1, line 37 or line 38, whichever applies, by this amount. Write
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“Schedule J” to the left of line 37 or line 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
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Questions (continued from Side 1)
N How many affiliates in the combined report are claiming
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E Principal business activity code. (Do not leave blank): . . . .
immunity from taxation in California under Public Law 86-272?
_____________________
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Business activity __________________________________________________________
O Corporation headquarters are:
(1)
Within California
Product or service _________________________________________________________
(2)
Outside of California, within the U.S.
(3)
Outside of the U.S.
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F Date incorporated:_____________
Where: State
Country_______________
P Location of principal accounting records _________________________________________
G Date business began in California or date income was first derived from
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Q Accounting method:
(1)
Cash
(2)
Accrual
(3)
Other
California sources
_______________________________________________________
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R Did this corporation or one of its subsidiaries make a federal election
H First return?
Yes
No If “Yes” and this corporation is a successor to a
to be treated as a foreign sales corporation (FSC) or a domestic
previously existing business, check the appropriate box.
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international sales corporation (DISC): . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
(1)
sole proprietorship (2)
partnership (3)
joint venture (4)
corporation (5)
other
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S Is this corporation or any of its subsidiaries a RIC ? . . . . . . . . . . . . . . . . . .
Yes
No
(attach statement showing name, address and FEIN of previous business)
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I
“Doing business as” name:
________________________________________________
T Is this corporation treated as a REMIC for California purposes? . . . . . . . . .
Yes
No
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J Did this corporation or its subsidiary(ies) have a change in control or ownership,
U Is this corporation a REIT for California purposes? . . . . . . . . . . . . . . . . . .
Yes
No
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or acquire ownership or control of any other legal entity this year? . . . . .
Yes
No
V Is this corporation an LLC or limited partnership electing to be taxed
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K At any time during the taxable year, was more than 50% of the voting stock:
as a corporation for federal purposes? . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
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a Of the corporation owned by any single interest? . . . . . . . . . . . . . . .
Yes
No
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W Is this corporation to be treated as a credit union? . . . . . . . . . . . . . . . . . . .
Yes
No
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b Of another corporation owned by this corporation? . . . . . . . . . . . . .
Yes
No
X Is the corporation under audit by the IRS or has it been audited by
c Of this and one or more other corporations owned or controlled,
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the IRS in a prior year? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Yes
No
directly or indirectly, by the same interests? . . . . . . . . . . . . . . . . . .
Yes
No
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Y Have all required information returns (e.g. Federal Forms 1099, 5471,
If a or c is “Yes,” enter the country of the ultimate parent
_____________________
5472, 8300, 8865, etc.) been filed with the Franchise Tax Board? . .
N/A
Yes
No
If a, b or c is “Yes,” furnish a statement of ownership indicating pertinent names,
addresses, and percentages of stock owned. If the owner(s) is an individual, provide
Z Were total receipts (see page 15 of the instructions) for the taxable year
the SSN.
and total assets at the end of the taxable year less than $250,000? . . . . . . .
Yes
No
L Was 50% or more of the stock of this corporation owned directly by
If "Yes," the corporation is not required to complete Schedules L, M-1, and M-2 on Side 4.
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another corporation during this taxable year? . . . . . . . . . . . . . . . . . . . .
Yes
No
Instead, enter here The total amount of cash distributions and the book value of property
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M Is this corporation apportioning income to California using Schedule R?
Yes
No
distributions (other than cash) made during the tax year. $ ___________________________
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is
Please
true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
Sign
Signature
Here
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of officer
Title
Date
Telephone (
)
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Preparer’s SSN/PTIN
Date
Check if self-
Preparer’s
signature
employed
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Paid
FEIN
Preparer’s
-
Firm’s name (or yours,
Use Only
if self-employed)
and address
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Telephone (
)
Side 2 Form 100
2002
10002203
C1
For Privacy Act Notice, get form FTB 1131.
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