WebFeb 20, 2024 · You can trigger the creation of Form 3804 (and related worksheet) in TurboTax Business using Forms mode. Click Forms in the TurboTax header. Go to the … WebOct 28, 2024 · Inuit does not migrate the credit from form 3804 and 3804CR to box 15 (f) of the CA Schedule K-1. I did this manually. Will Intuit fix this? 0 Reply TaxCat1 Level 2 March 3, 2024 11:12 AM Dear @rockboy curious why you think it should transfer to 15 (f) of CA Schedule K-1 (100S)? 2024 version of that form shows "Other AMT items" for 15 (f).
California Individual Forms Availability - Intuit
WebAug 30, 2024 · The main takeaway: With the signing of AB 150, California is the latest of several states to establish an elective pass-through entity (PTE) tax. Impact on your business: The PTE tax is intended to be a workaround to the federal $10,000 cap on the deduction for state and local taxes (SALT). WebGo to Screen 46.011, California Schedule K-1. Scroll down to the California Miscellaneous section. Enter a 1 or 2 in Qualified taxpayer is electing to have tax paid by S Corporation. Back to Table of Contents. When you make the election: The program will generate form 3804, Pass-Through Entity Elective Tax Calculation. highland cattle for sale in nova scotia
Knowledge Base Solution - How do I prepare California Form 3804 …
Web2024 Pass-Through Entity Elective Tax Credit California Form 3804-CR Author: [email protected] Subject: 2024 Pass-Through Entity Elective Tax Credit … WebForm CA 540, California Resident Income Tax Return. available. available. Form 3800, Tax Computation for Certain Children with Unearned Income. available. available. Schedule K-1 (568), California Supplemental Business Expenses Worksheet. ... Form 3804-CR, Pass-Through Entity Elective Tax Credit. WebFeb 25, 2024 · To easily generate Form 3804, go to Forms mode (icon in TurboTax header). Click on Information Wks under California in the left column. Once the form opens in the large window, scroll down below Part II to the Form 3804 Pass-Through Entity Elective Tax section. Check the box to elect to pay the PTE tax. how is black panther a hero