Form 3805d - Net Operating Loss (Nol) Carryover Computation And Limitation - Pierce'S Disease - 2013 Page 3
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3When determining apportionment
Line 1
Line 7
percentage on Part II, the numerator of the
Individuals – Use Schedule CA (540), California
Total the amounts in column (b), column (c),
property factor is the average value of the
Adjustments - Residents, line 18 to figure
and column (e).
taxpayer’s real and tangible personal property
California source farming business income.
Your PDV NOL carryover deduction for 2013
owned or rented by the business and used
Nonresidents and part-year residents – Use
is the total of column (c). Enter this amount
within the affected area during the taxable
Schedule CA (540NR), California Adjustments
on your California tax return or schedule as
year (column (b)).
- Nonresidents or Part-Year Residents, line 18
follows:
to figure California source farming business
When determining apportionment
• Form 100, line 21
income.
percentage on Part II, the denominator of the
• Form 100S, line 19
property factor is the total average value of
Corporations – Compile the California source
• Form 100W, line 21
all the taxpayer’s real and tangible personal
farming business income using a format
• Form 109, line 6
property owned or rented and used during the
similar to the federal Schedule F (Form 1040),
• Schedule CA (540), line 21(e), column B
taxable year within California (column (a)).
Profit or Loss from Farming.
• Schedule CA (540NR), line 21(e), column B
Payroll Factor. Payroll is defined as the total
Line 3
Part II – Apportionment
amount paid to the business’s employees for
This is your California source farming business
compensation for the production of farming
Percentage
income apportioned to the PDV affected area.
business income during the taxable year.
You may reduce this amount by your PDV NOL
Use Part II to compute the average
Compensation. Compensation means wages,
carryover deduction, if allowable. Your PDV
apportionment percentage to the PDV
salaries, commissions, and any other form of
NOL carryover deduction may not be larger
affected area.
remuneration paid directly to employees for
than the income. If it is a loss in the current
If the business operates solely within an
personal services.
year or if it limits the amount of NOL you may
affected area and all its property and payroll
use this year, you must carry over the PDV
When determining apportionment
are solely within that affected area, you do not
NOL to future years, if allowable.
percentage on Part II, the numerator of
have to complete this part. Enter 100% (1.00)
the payroll factor is the taxpayer’s total
on Part II, line 4.
Line 4
compensation paid to employees for working
Enter the amount from line 3 in line 4,
Only California source farming business
within the affected area during the taxable
column (d). If this amount is zero or less,
income is apportioned to the PDV affected
year (column (b)).
you do not have income apportioned to PDV
area. A taxpayer’s PDV farming business
When determining apportionment
affected area available to offset the PDV NOL
income is its California source farming
percentage on Part II, the denominator
carryover. Transfer the amounts from line 5
business income multiplied by the specific
of the payroll factor is the taxpayer’s total
and line 6, column (b) to column (e), and enter
affected area apportionment percentage.
compensation paid to employees working
-0- in column (c), then go to line 7.
The affected area property and payroll factors
in California during the taxable year
used in the determination of apportionable
Line 5 and Line 6
(column (a)).
farming business income include only
Enter the amount on line 5 and line 6 as a
Specific Instructions
the taxpayer’s California amounts in the
positive number.
denominator.
In column (c), enter the smaller of the amount
Part I – Computation of NOL
in column (b) or the amount in column (d)
Carryover and Carryover
from the previous line.
Limitations — Individuals,
In column (d), enter the result of subtracting
column (c) from the balance on the previous
Exempt Trusts, and
line in column (d).
Corporations
In column (e), enter the result of subtracting
the amount in column (c) from the amount in
Use this section to compute the PDV NOL
column (b), as applicable.
carryover deduction for individuals, exempt
trusts, and corporations to reduce current
Example:
taxable year income from the affected area.
(b) Carry-
(c) Amount
(d) Balance
(e) PDV
PDV NOL can offset only farming business
over from
deducted
available to
NOL
income attributable to the affected area.
prior year
this year
offset losses
carryover
If a PDV NOL carryover deduction is allowable
$5,000
for any taxable year after Pierce’s disease has
$ 500
$ 500
4,500
$
0
occurred, the affected area will be deemed
to remain in existence for the purposes of
computing the allowable PDV NOL carryover
deduction.
Page 2 FTB 3805D Instructions 2013
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