California Water's-Edge Election
Extracted from PDF file 2019-california-form-100-we-form.pdf, last modified November 2019
Water's-Edge ElectionTAXABLE YEAR 2019 CALIFORNIA FORM Water’s-Edge Election 100-WE Sign Form 100-WE and attach to the back of Form 100W, or Form 100S. Keep a copy for the corporation’s records. Corporation name Key California corporation number Address (suite, room, or PMB no.) City State ZIP code WATER’S-EDGE ELECTION The electing corporation, ____________________________, elects to file on a water’s-edge basis pursuant to Revenue and Taxation Code (R&TC) Sections 25110 and 25113. Check here if the common parent is electing on behalf of the water’s-edge group. List each corporation covered by this election below. As the common parent of a controlled group, the corporation hereby elects for all members of the controlled group that are includable in the water’s-edge combined report. PERIOD: The election shall begin on the first day of the taxable year, (mm/dd/yyyy) • , for which the election can be made and shall, except as otherwise provided by statute or herein, continue for 84 calendar months from that date. The election shall remain in effect until terminated. TERMINATION: The election may be terminated in accordance with the rules provided by R&TC Section 25113. ___________________________________________________________________ Electing corporation name ___________________________________________________ Signature of officer of electing corporation ______________________________________ _______________________ ____________________________________________________ Electing California corporation number Date Print or type name and title of signing officer Corporations Covered by the Water’s-Edge Election * Key California corporation name Key California corporation number Common parent name FEIN (if applicable) List of corporations covered by the election Corporation name California corporation number *For definition of a Key Corporation, see FTB Pub. 1061, Guidelines for Corporations Filing a Combined Report. Instructions Enter the corporation name, California corporation number, federal employer identification number (FEIN), if applicable, and address as listed on Form 100W or Form 100S. Enter the name of the corporation making the election in the space provided described as electing corporation. Be sure to check the box if a common parent is electing on behalf of members of the controlled group included in the water’s-edge combined report. If there is no common parent election, each electing member of the water’s-edge group should file its own election, even if a single return is filed on a combined basis. See R&TC Section 25113 for more information. List all taxpayers covered by the common parent’s election on this page. An election made on a group return of a self-assessed combined reporting group shall constitute an election by each taxpayer member included in that group return. Enter the beginning date of the water’s-edge election in the space provided. This date is generally the same as the beginning date for the taxable year that appears on Form 100W or Form 100S for the first taxable year of the election. If the corporation is a member 7001193 Attach additional sheets if necessary. of a water’s‑edge combined group that has different fiscal-year ends, the election beginning date is the beginning date of the taxable year of the last member of the group to file its return and make the election. For example, if one member of the water’s-edge group has a January 1, 2019, to December 31, 2019, taxable year, and the second member has an April 1, 2019, to March 31, 2020, taxable year, the beginning date of this water’s-edge election is April 1, 2019. See R&TC Section 25113(c)(3) for more information. An officer of the electing corporation must sign and date the election. Form 100-WE 2019
2019 Form 100-WE - Water's-Edge Election
More about the California Form 100-WE Form Corporate Income Tax TY 2019
We last updated the Water's-Edge Election in March 2020, so this is the latest version of Form 100-WE Form, fully updated for tax year 2019. You can download or print current or past-year PDFs of Form 100-WE Form directly from TaxFormFinder. You can print other California tax forms here.
Other California Corporate Income Tax Forms:
|Form Code||Form Name|
|Form 568 Schedule K-1||Member's Share of Income, Deductions, Credits, etc. (Fill-in)|
|Form 3522||Limited Liability Company Tax Voucher|
|3805-Z Booklet||Enterprise Zone Business Booklet|
|Form 541 Schedule K-1||Beneficiary's Share of Income, Deductions, Credits, etc.|
|Form 541||California Fiduciary Income Tax Return|
California usually releases forms for the current tax year between January and April. We last updated California Form 100-WE Form 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-WE Form
We have a total of nine past-year versions of Form 100-WE Form in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2019 Form 100-WE - Water's-Edge Election
2018 Form 100-WE - Water's-Edge Election
2017 Form 100-WE - Water's-Edge Election
2016 Form 100-WE --Water's-Edge Election
2015 Form 100-WE -- Water's-Edge Election
2014 Form 100-WE -- Water's-Edge Election
2013 Form 100-WE -- Water's-Edge Election
2012 Form 100-WE
2011 Form 100-WE -- Water's-Edge Election
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