California Form 3553 - Enterprise Zone Employee Credit - 2013 Page 2
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5Instructions for Form FTB 3553
Enterprise Zone Employee Credit
What’s New
A Purpose
For taxable years beginning on or after January 1, 2014, taxpayers
Use form FTB 3553:
cannot generate an Enterprise Zone Employee Credit.
• To see if you qualify for a credit based on wages you earned while
working within the boundaries of a California EZ.
General Information
• To figure the credit, if you qualify to claim it.
Use Form 540 or Long Form 540NR to claim this credit.
Before filing form FTB 3553, Enterprise Zone Employee Credit, go to
hcd.ca.gov and search for directory of zone contacts to find Directory
B Description
of Economic Development Areas for up to date information.
The credit is 5% of each employee’s qualified wages for the year
Minimum Wage
(maximum credit is $525 per employee). Qualified wages are wages
The California minimum wage is $8 per hour.
earned in the geographic areas designated as EZs. Parts of the following
areas and cities are EZs:
Conditional Designation
Enterprise zones that receive a conditional designation from the
• Anaheim
Department of Housing and Community Development (HCD) are
• Arvin
allowed to offer tax incentives during a zone’s redesignation period.
• Barstow
The redesignation period is the gap between the expiration date of the
• Calexico
old zone and the final designation of the new zone. Brand new zones
• Coachella Valley
are not in a redesignation period; therefore, incentives for these zones
• Compton
begin once the zone receives its final designation as an enterprise zone.
• Delano
Before filing form FTB 3553, go to hcd.ca.gov and search for directory
• Eureka
of zone contacts to find Directory of Economic Development Areas for
• Fresno – City
assistance with conditional zone jurisdictions and designation dates, and
• Fresno – County
to find out if your business is in a brand new zone.
• Harbor Gateway Communities
• Hesperia
Expired Zones
• Imperial Valley
Generally, no further EZ incentives can be generated after the expiration
• Kings County
date.
• Long Beach
• Los Angeles – East (formerly Eastside)
Filing of Form FTB 3553
• Los Angeles – Hollywood
If you are working at a business located in an expired zone and in a new
• Merced
zone (whether conditionally designated or final designation has been
• Oakland
received), file one form FTB 3553 for the expired zone and another form
• Oroville
FTB 3553 for the new zone, to claim the EZ credits. The credit from an
• Pasadena
expired zone can only offset against the tax on wage income earned in
• Pittsburg
the expired zone. The credit generated from a new zone can only offset
• Richmond
against the tax on wage income earned in the new zone. The amount of
• Sacramento
credit is limited by the amount of tax (line 13 of form FTB 3553) on wage
• Salinas Valley
income earned within each EZ. But the total amount of credits generated
• San Bernardino (formerly Agua Mansa)
from income earned within all EZs should not exceed the tax amount on
• San Diego
line 35 of Form 540, California Resident Income Tax Return, or line 42 of
• San Fancisco
Long Form 540NR, California Nonresident or Part-Year Resident Income
• San Joaquin (formerly Stockton)
Tax Return.
• San Jose
For an expired zone, use form FTB 3553 to report the employee credit
• Santa Ana
on the wages earned while working in the enterprise zone, to the day the
• Santa Clarita Valley (formerly Santa Clarita)
zone expired.
• Sequoia Valley
• Shasta Metro (formerly Redding/Anderson)
For a conditionally designated zone, use form FTB 3553 to report
• Siskiyou County (formerly Shasta Valley)
the employee credit on the wages earned while working in the new
• Southgate – Lynwood
conditionally designated zone.
• Stanislaus (including Ceres, Modesto, Turlock,
Registered Domestic Partners (RDP)
and Stanislaus County)
For purposes of California income tax, references to a spouse, husband,
• Taft
or wife also refer to a California RDP, unless otherwise specified.
• West Sacramento
When we use the initials RDP they refer to both a California registered
• Yuba/Sutter
domestic “partner” and a California registered domestic “partnership,”
For business eligibility or zone related information, including questions
as applicable. For more information on RDPs, get FTB Pub. 737, Tax
regarding EZ geographic boundaries, contact the HCD or the local zone
Information for Registered Domestic Partners.
program manager in which the business is located. Go to hcd.ca.gov
and search for directory of zone contacts to find Directory of Economic
Development Areas.
Page 2 FTB 3553 Instructions 2013
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