California Form 3553 - Enterprise Zone Employee Credit - 2011 Page 2
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5Instructions for Form FTB 3553
Enterprise Zone Employee Credit
What’s New
begin once the zone receives its final designation as an enterprise zone.
Before filing form FTB 3553, go to hcd.ca.gov and search for directory
New Enterprise Zone Designation
of zone contacts to find Directory of Economic Development Areas for
The following Enterprise Zone (EZ) received final designation in 2011:
assistance with conditional zone jurisdictions and designation dates, and
Taft
to find out if your business is in a brand new zone.
Conditionally Designated Zones
At the time this form was published, only the above EZ received final
designation. Before filing form FTB 3553, Enterprise Zone Employee
The following zones received conditional designation in 2010:
Credit, go to hcd.ca.gov and search for directory of zone contacts
Zone Name
to find Directory of Economic Development Areas for up to date
Anaheim
information.
Harbor Gateway Communities
Expired Zones
Santa Clarita Valley (formerly Santa Clarita)
No EZs expired in 2011.
Expired Zones
New Conditionally Designated Zones
The following EZs expired in 2010:
No zones received conditional designation for 2011.
Enterprise Zone
Lindsay
At the time this form was published, no zones received conditional
designation. Before filing form FTB 3553, go to hcd.ca.gov and search
Shafter
for EDA for updated zone date chart information.
Generally, no further EZ incentives can be generated after the expiration
date. Any EZ credit carryover or EZ net operating loss carryover can
Conditionally Designated Zones
continue to be utilized to the extent of tax on business income or
Region and Zone
business income attributable to the former EZ.
Name
Zone Jurisdictions
Filing of Form FTB 3553
Central Valley
If you are working at a business located in an expired zone and in a new
Sequoia Valley
County of Tulare, Cities of Dinuba, Exeter,
zone (whether conditionally designated or final designation has been
(formerly Tulare
Lindsay, Porterville, Tulare, Visalia, Woodlake
received), file one form FTB 3553 for the expired zone and another form
County)
FTB 3553 for the new zone, to claim the EZ credits. The credit from an
Greater Sacramento/Stockton
expired zone can only offset against the tax on wage income earned in
*Sacramento (includes
the expired zone. The credit generated from a new zone can only offset
Northern, Army Depot,
City of Sacramento, City of Rancho Cordova,
against the tax on wage income earned in the new zone. The amount of
Florin Perkins)
County of Sacramento
credit is limited by the amount of tax (line 13 of form FTB 3553) on wage
San Diego
income earned within each EZ. But the total amount of credits generated
San Diego (formerly
from income earned within all EZs should not exceed the tax amount on
South Bay & Metro)
Cities of San Diego, Chula Vista, National City
line 35 of Form 540, California Resident Income Tax Return, or line 42 of
Bay Area
Long Form 540NR, California Nonresident or Part-Year Resident Income
Tax Return.
Pittsburg-Bay Point
City of Pittsburg, County of Contra Costa
San Francisco
City and County of San Francisco
For an expired zone, use form FTB 3553 to report the employee credit
on the wages earned while working in the enterprise zone, to the day the
Southern California
zone expired.
Anaheim
City of Anaheim
Harbor Gateway
City and County of Los Angeles, City of
For a conditionally designated zone, use form FTB 3553 to report
Communities
Huntington Park
the employee credit on the wages earned while working in the new
conditionally designated zone.
Santa Clarita Valley
City of Santa Clarita, County of Los Angeles
(formerly Santa Clarita)
Registered Domestic Partners (RDP)
For purposes of California income tax, references to a spouse, husband,
*This zone includes the former Sacramento – Northern zone that has
or wife also refer to a California RDP, unless otherwise specified.
been expanded. For more information, contact the Department of
When we use the initials RDP they refer to both a California registered
Housing and Community Development (HCD) at 916.322.1554.
domestic “partner” and a California registered domestic “partnership,”
as applicable. For more information on RDPs, get FTB Pub. 737, Tax
General Information
Information for Registered Domestic Partners.
A Purpose
Minimum Wage
The California minimum wage is $8 per hour.
Use form FTB 3553:
Enterprise Zone Designation
• To see if you qualify for a credit based on wages you earned while
The following EZs received final designation in 2010:
working within the boundaries of a California EZ.
Enterprise Zone
• To figure the credit, if you qualify to claim it.
Hesperia
Use Form 540 or Long Form 540NR to claim this credit.
West Sacramento
Conditional Designation
Enterprise zones that receive a conditional designation from the
Department of Housing and Community Development (HCD) are
allowed to offer tax incentives during a zone’s redesignation period.
The redesignation period is the gap between the expiration date of the
old zone and the final designation of the new zone. Brand new zones
are not in a redesignation period; therefore, incentives for these zones
Page 1 FTB 3553 Instructions 2011
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