California Qualified Subchapter S Subsidiary (QSub) Information
Extracted from PDF file 2019-california-form-100-s-schedule-qs.pdf, last modified September 2019
Qualified Subchapter S Subsidiary (QSub) InformationTAXABLE YEAR 2019 Qualified Subchapter S Subsidiary (QSub) Information CALIFORNIA SCHEDULE QS Attach to Form 100S. Parent S corporation name California corporation number or FEIN QSubs Included in Parent S Corporation’s Form 100S (a) Name of QSub (b) California corporation number General Information California conforms to the federal treatment of Qualified Subchapter S Subsidiaries (QSubs), with certain exceptions. A QSub is subject to an annual tax of $800 which is paid by the parent S corporation. The parent S corporation must complete Schedule QS, Qualified Subchapter S Subsidiary (QSub) Information, and attach it to the Form 100S, California S Corporation Franchise or Income Tax Return, for each taxable year in which a QSub election is in effect. See Form 100S, S Corporation Tax Booklet, General Information DD, Qualified Subchapter S Subsidiary (QSub), for more information. Purpose Schedule QS is used by the parent S corporation of a QSub to inform the Franchise Tax Board (FTB) of the QSub(s) it owns. This schedule notifies the FTB that (c) Federal employer identification number (d) Effective date of federal QSub election (mm/dd/yyyy) the QSub’s items of income, deduction, and credit will be included in the parent’s return and the QSub will not file a separate California franchise or income tax return. Specific Instructions Enter the name of the parent S corporation, the parent’s seven digit California corporation number, or nine digit federal employer identification number (FEIN). QSubs Included in Parent S Corporation’s Form 100S Enter the information for each QSub whose items of income, deduction, and credit are required to be included in the parent’s Form 100S. In column (a), enter the name of each QSub included in this return. If the QSub has or had a California corporation number, enter the number in column (b). If the QSub has or had a FEIN, enter the number in column (c). If the QSub does not have a California corporation number or a FEIN, enter “none.” 8001193 (e) Date of QSub annual tax payment (mm/dd/yyyy) (f) Amount of QSub annual tax paid Enter the effective date of the federal QSub election made for the subsidiary in column (d). An election made by the parent S corporation under Internal Revenue Code Section 1361(b)(3) to treat a corporation as a QSub for federal purposes is treated as a binding election for California purposes. If the effective date falls on a date other than the first day of the subsidiary’s taxable year, the subsidiary must file a short-period return if it was subject to tax in California prior to the effective date. The parent S corporation is required to pay $800 annual tax for each QSub it owns that is incorporated, qualified, or doing business in California. The QSub annual tax is due and payable when the parent’s first estimated tax payment is due. If the QSub is acquired during the taxable year, the QSub annual tax is due with the parent’s next estimated tax installment. Enter the date of payment in column (e) and amount of QSub annual tax paid in column (f). Include the amounts reported in column (f) on the parent’s Form 100S, Side 2, line 21. Schedule QS 2019
2019 Schedule QS Qualified Subchapter S Subsidiary (QSub) Information
More about the California Form 100-S Schedule QS Corporate Income Tax TY 2019
We last updated the Qualified Subchapter S Subsidiary (QSub) Information in March 2020, so this is the latest version of Form 100-S Schedule QS, fully updated for tax year 2019. You can download or print current or past-year PDFs of Form 100-S Schedule QS directly from TaxFormFinder. You can print other California tax forms here.
Related California Corporate Income Tax Forms:
TaxFormFinder has an additional 174 California income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the California Form 100-S Schedule QS.
|Form Code||Form Name|
|Form 100-S||California S Corporation Franchise or Income Tax Return|
|Form 100-S Schedule K-1||Shareholder's Share of Income, Deductions, Credits, etc|
|Form 100 Schedule P||Alternate Minimum Tax and Credit Limitations - Corporations|
|Form 100 Schedule R||Apportionment and Allocation of Income|
|Form 100-S Schedule B||S Corporation Depreciation and Amortization|
|Form 100 Schedule H||Dividend Income Deduction|
|Form 100-S Schedule C||S Corporation Tax Credits|
|Form 100-S Schedule D||S Corporation Capital Gains and Losses and Built-In Gains|
|Form 100-S Schedule H||S Corporation Dividend Income Deduction|
California usually releases forms for the current tax year between January and April. We last updated California Form 100-S Schedule QS from the Franchise Tax Board in March 2020.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of California Form 100-S Schedule QS
We have a total of nine past-year versions of Form 100-S Schedule QS in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2019 Schedule QS Qualified Subchapter S Subsidiary (QSub) Information
2018 Schedule QS (100S) - Qualified Subchapter S Subsidiary (QSub) Information
2017 Schedule QS - Qualified Subchapter S Subsidiary (QSub) Information
2016 Schedule QS Qualified Subchapter S Subsuduary (QSub) Information
2015 Schedule QS -- Qualified Subchapter S Subsidiary (QSub) Information Worksheet
2014 Schedule QS -- Qualified Subchapter S Subsidiary (QSub) Information Worksheet
2013 Schedule QS -- Qualified Subchapter S Subsidiary (QSub) Information Worksheet
2012 Schedule QS -- Qualified Subchapter S Subsidiary (QSub) Information Worksheet
2011 Schedule QS -- Qualified Subchapter S Subsidiary (QSub) Information Worksheet
While we do our best to keep our list of California Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.