Form 3800 - Tax Computation For Certain Children With Investment Income - 2014 Page 3

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Part III Child’s Tax
Long or Short Form 540NR Filers: To figure a revised California
adjusted gross income and a tentative tax based on the parent’s tax rate,
Line 15 – Use the California tax table or tax rate schedules in the 2014
complete the following worksheet.
instructions for Form 540 to find the tax for the amount on line 14 based
A Enter the child’s portion of the net investment
on the child’s filing status.
income that must be included in the child’s
Long Form 540NR Filers: To figure a revised California adjusted
CA adjusted gross income . . . . . . . . . . . . . . . . . . . . .
gross income for the child and the child’s tax, complete the following
B Enter parent’s CA adjusted gross income from
worksheet.
Long or Short Form 540NR, Line 32 . . . . . . . . . . . . .
A Enter the child’s CA adjusted gross income
If the parents have other children for whom form FTB 3800 was
from Long Form 540NR, line 32 . . . . . . . . . . . . . . . .
completed, add the other children’s CA sourced net investment
B Enter the portion of the child’s net investment
income to the parent’s CA adjusted gross income.
income that must be included in the child’s
C Add line A and line B . . . . . . . . . . . . . . . . . . . . . . . . .
CA adjusted gross income . . . . . . . . . . . . . . . . . . . . .
D Enter the child’s net investment income
C Subtract line B from line A. . . . . . . . . . . . . . . . . . . . .
(form FTB 3800, line 5) . . . . . . . . . . . . . . . . . . . . . . .
D Enter the child’s adjusted gross income from all
E Enter parent’s adjusted gross income from all
sources from Long Form 540NR, line 17 . . . . . . . . .
sources from Long or Short Form 540NR, line 17. . .
E Enter the child’s net investment income
If the parents have other children for whom form FTB 3800 was
(form FTB 3800, line 5) . . . . . . . . . . . . . . . . . . . . . . .
completed, add the other children’s net investment income to the
F Subtract line E from line D. . . . . . . . . . . . . . . . . . . . .
parent’s adjusted gross income from all sources.
G Divide line C by line F (not to exceed 1.0) . . . . . . . . .
F Add line D and line E . . . . . . . . . . . . . . . . . . . . . . . . .
H Enter the child’s total itemized deductions or
G Divide line C by line F (not to exceed 1.0) . . . . . . . . .
standard deduction from Long or Short
H Enter the parent’s total itemized deductions or
Form 540NR, line 18 . . . . . . . . . . . . . . . . . . . . . . . . .
standard deduction from Long or Short
I
Multiply line H by line G. . . . . . . . . . . . . . . . . . . . . . .
Form 540NR, line 18 . . . . . . . . . . . . . . . . . . . . . . . . .
J Subtract line I from line C . . . . . . . . . . . . . . . . . . . . .
I
Multiply line H by line G. . . . . . . . . . . . . . . . . . . . . . .
K Subtract line H from line F . . . . . . . . . . . . . . . . . . . . .
J Subtract line I from line C . . . . . . . . . . . . . . . . . . . . .
L Find the tax on the amount on line K for the
K Subtract line H from line F . . . . . . . . . . . . . . . . . . . . .
child’s filing status (Use the tax table or tax rate
L Find the tax on the amount on line K for the
schedules in the 2014 instructions for
parent’s filing status (Use the tax table or tax rate
Long Form 540NR) . . . . . . . . . . . . . . . . . . . . . . . . . .
schedules in the 2014 instructions for
M Divide line L by line K . . . . . . . . . . . . . . . . . . . . . . . .
Long or Short Form 540NR) . . . . . . . . . . . . . . . . . . .
N Multiply line J by line M. Enter the result on
M Divide line L by line K . . . . . . . . . . . . . . . . . . . . . . . .
form FTB 3800, line 15 . . . . . . . . . . . . . . . . . . . . . . .
N Multiply line J by line M. Enter the result on form
Line 17 – Use the California tax table or tax rate schedules found in the
FTB 3800, line 9. If zero or less, enter -0- . . . . . . . . .
2014 instructions for Form 540 to find the tax for the amount on line 4,
Line 10 – Enter the tax shown on the tax return of the parent identified
based on the child’s filing status.
at the top of form FTB 3800 from Form 540, line 31.
Long Form 540NR Filers:
If the parent filed a joint tax return, enter on line 10 the tax shown on
A Enter the amount from form FTB 3800, line 4 . . . . . .
that tax return even if the parent’s spouse/RDP is not the child’s parent.
B Find the tax for the amount on line A, by using the
Long Form 540NR Filers: If the parent’s tax amount on Long
tax table or tax rate schedules in the 2014
Form 540NR, line 37 does not include an amount from form FTB 3803,
instructions for Long Form 540NR based on
then enter the parent’s tax amount from Long Form 540NR, line 37.
the child’s filing status . . . . . . . . . . . . . . . . . . . . . . . .
If the parent’s tax amount on Long Form 540NR, line 37 includes an
C Divide line B by line A . . . . . . . . . . . . . . . . . . . . . . . .
amount from form FTB 3803, revise the parent’s tax by completing the
D Enter the amount from the child’s
following worksheet.
Long Form 540NR, line 35. . . . . . . . . . . . . . . . . . . . .
A Enter the tax from the parent’s
E Multiply line D by line C. Enter the result on
Long Form 540NR, line 31. . . . . . . . . . . . . . . . . . . . .
form FTB 3800, line 17 . . . . . . . . . . . . . . . . . . . . . . .
B Enter the tax from form FTB 3803 . . . . . . . . . . . . . . .
Line 18 – Compare the amounts on line 16 and line 17 and enter the
C Subtract line B from line A. . . . . . . . . . . . . . . . . . . . .
larger of the two amounts on line 18. Be sure to check the box labeled
D Enter the amount from the parent’s
“FTB 3800” on Form 540, line 31 of the child’s tax return.
Long Form 540NR, line 19. . . . . . . . . . . . . . . . . . . . .
Long Form 540NR Filers: Divide the child’s Long Form 540NR, line 35
E Divide line C by line D . . . . . . . . . . . . . . . . . . . . . . . .
by the child’s Long Form 540NR, line 19 to determine the child’s
percentage. Divide the larger of line 16 or line 17, by the percentage.
F Enter the amount from the parent’s
Enter the amount on line 18 and on the child’s Long Form 540NR,
Long Form 540NR, line 35. . . . . . . . . . . . . . . . . . . . .
line 31. Be sure to check the box labeled “FTB 3800” on the child’s
G Multiply line F by line E. Enter the result
Long Form 540NR.
on form FTB 3800, line 10 . . . . . . . . . . . . . . . . . . . . .
Note: The amount entered on Long Form 540NR, line 31 reflects your
tax on total taxable income before applying the California tax rate to your
California source income. Follow the instructions for Long Form 540NR
to determine your final California tax.
Page 2 FTB 3800 Instructions 2014

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