California Form 3800 - Tax Computation For Certain Children With Investment Income - 2011 Page 2
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3Instructions for Form FTB 3800
Tax Computation for Certain Children with Investment Income
References in these instructions are to the Internal Revenue Code (IRC) as of January 1, 2009, and to the California Revenue and Taxation Code (R&TC).
General Information
If the parents were unmarried, treated as unmarried for tax purposes,
or separated either by a divorce or separate maintenance decree, enter
For taxable years beginning on or after January 1, 2010, California
the name and SSN or ITIN of the parent who had custody of the child for
conforms to the provision of the Small Business and Work Opportunity
most of 2011.
Act of 2007 which increased the age of children to 18 and under or
Exception. If the custodial parent remarried or entered into an RDP and
a student under age 24 for elections made by parents reporting their
filed a joint return with the new spouse/RDP, enter the name and SSN or
child’s interest and dividends.
ITIN of the person listed first on the joint return, even if that person is
Registered Domestic Partners (RDP) – For purposes of California
not the child’s parent. If the custodial parent and the new spouse/RDP
income tax, references to a spouse, husband, or wife also refer to a
filed separate California tax returns, enter the name and SSN or ITIN of
California RDP, unless otherwise specified. When we use the initials
the person with the higher taxable income, even if that person is not the
RDP they refer to both a California registered domestic “partner” and
child’s parent.
a California registered domestic “partnership,” as applicable. For more
If the child’s parents were unmarried but lived together during the year
information on RDPs, get FTB Pub. 737, Tax Information for Registered
with the child, enter the name and SSN or ITIN of the parent who had the
Domestic Partners.
higher taxable income.
Purpose
Part I Child’s Net Investment Income
For certain children, investment income over $1,900 is taxed at the
Line – Enter the child’s investment income. Include income such as
parent’s rate if the parent’s rate is higher. Use form FTB 3800, Tax
taxable interest, dividends, capital gains, rents, annuities, and income
Computation for Certain Children with Investment Income, to figure the
received as a beneficiary. In most cases, this will be the same as the
child’s tax.
amount entered on federal Form 8615, include only income taxable by
Complete form FTB 3800 if all of the following apply:
California. Also, include investment income that was not taxed on the
child’s federal tax return but is taxable under California law. For more
• The child is 18 and under or a student under age 24 at the end of
information, get the instructions for Schedule CA (540 or 540NR), line 8
2011. A child born on January 1, 1994, is considered to be age 18 at
and line 9.
the end of 2011. A child born on January 1, 1988, is considered to be
age 24 at the end of 2011.
If the child had earned income (defined below), use the following
• The child had investment income taxable by California of more than
worksheet to figure the amount to enter on form FTB 3800, line 1.
$1,900.
1. Enter the amount of the child’s adjusted
• At least one of the child’s parents was alive at the end of 2011.
gross income from Form 540, line 17 or
If the child uses form FTB 3800, file Form 540, California Resident
Long Form 540NR, line 17, whichever applies . . . . . . 1 __________
Income Tax Return, or Long Form 540NR, California Nonresident or
2. Enter the child’s earned income. . . . . . . . . . . . . . . . . . 2 __________
Part-Year Resident Income Tax Return.
(wages, tips, and other payments received
If the child does not file form FTB 3800, figure the tax in the normal
for personal services performed)
manner on the child’s Forms 540/540A, or Long or Short Form 540NR.
3. Subtract line 2 from line 1. Enter the result
Parents of children 18 and under or a student under age 24 at the end of
here and on form FTB 3800, line 1 . . . . . . . . . . . . . . . 3 __________
2011, may elect to include the child’s investment income on the parent’s
Line 2 – If the child itemized deductions, enter the greater of:
tax return. To make this election, the child must have had income only
$950 plus the portion of the amount on Form 540 or Long Form 540NR,
from interest and dividends. The election is not available if estimated tax
line 18, that is directly connected with the production of the investment
payments were made in the child’s name. Get form FTB 3803, Parents’
income shown on form FTB 3800, line 1 or $1,900.
Election to Report Child’s Interest and Dividends, for more information.
If parents make this election, the child will not have to file a California
Part II Tentative Tax Based on Parent’s Tax Rate
tax return or form FTB 3800.
If the parent used Form 540 2EZ, refigure your tax by referring to the
If you elect to report your child’s income on your federal income tax
tax table for Forms 540/540A in order to complete this part. Using
return, but not on your California income tax return, be sure to make an
Form 540 2EZ will not produce the correct result.
adjustment on your Schedule CA (540 or 540NR), line 21f.
Line 6 – Enter the taxable income from Forms 540/540A, line 19; or
Specific Line Instructions
total taxable income from Long or Short Form 540NR, line 19 of the
parent whose name is shown at the top of form FTB 3800. If the parent’s
Parent’s Name and Social Security Number (SSN) or Individual
taxable income is less than zero, enter -0- on line 6. If the parent filed a
Taxpayer Identification Number (ITIN)
joint California tax return, enter the taxable income shown on that return
If federal Form 8615, Tax for Certain Children Who Have Investment
even if the parent’s spouse/RDP is not the child’s parent.
Income of More Than $1,900, was filed with the child’s federal tax
Line 7 – If the individual identified as the parent on this form FTB 3800
return, enter the name and SSN or ITIN of the same parent who was
is also identified as the parent on any other form FTB 3800, add the
identified at the top of federal Form 8615.
amounts, if any, from line 5 on each of the other forms FTB 3800 and
If the child’s parents were married to each other or in an RDP and filed
enter the total on line 7.
a joint 2011 California tax return, enter the name and SSN or ITIN of the
Line 9 – Use the California tax table or tax rate schedules in the 2011
parent who is listed first on the joint return.
instructions for Forms 540/540A to find the tax for the amount on line 8,
If the parents were married or in an RDP but filed separate California tax
based on the parent’s filing status.
returns, enter the name and SSN or ITIN of the parent with the higher
taxable income.
FTB 3800 2011 Page
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