California Election to Assign Credit Within Combined Reporting Group
Extracted from PDF file 2021-california-form-3544.pdf, last modified November 2021
Election to Assign Credit Within Combined Reporting GroupTAXABLE YEAR CALIFORNIA FORM 2021 3544 Assignment of Credit Attach to Form 100, Form 100S, or Form 100W. See instructions. Attach additional form(s) FTB 3544, if necessary. Key corporation name Credit name: California key corporation number ___________________________________________ Key corporation principal business activity code Credit code: _____ _____ _____ (Top portion to be completed by both the assignor and the assignees. See instructions.) Check the appropriate box. See instructions. Assignor • Assignee Credit Assignment: Complete EITHER Part A or Part B of this form if: • • The corporation is making an election to assign credit, complete Part A. • The corporation is reporting receipt of credit or claiming received credit, skip Part A and complete Part B. Part A Election to Assign Credit Within Combined Reporting Group FOR ASSIGNORS ONLY: Complete this part only when ASSIGNING the credit. The Election is IRREVOCABLE. File a separate form for each assignor per credit. Part A must be completed in FULL for your election to be valid. Assignor California corporation number or FEIN 8631213 (a) Assignee name (b) Assignee California corporation number or FEIN (c) Certificate number or agreement number (if applicable) (e)* (d) Taxable year credit was generated Limitations Assignor name (f) Credit amount available for assignment 1 2 3 4 5 6 FTB 3544 2021 7 8 9 10 11 Side 1 12 13 14 Total credit assigned. Add amounts in column (g). See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . * Check column (e) if the credit assigned is subject to limitations. See instructions. Assignor principal business activity code (g) Credit amount assigned (h) Balance available, column (f) less column (g) Part B List of Assigned Credit Received and/or Claimed by Assignee FTB 3544 2021 FOR ASSIGNEES ONLY: Complete this part in FULL when credit is received or claimed. File a separate form for each assignee per credit. Assignee name Assignee California corporation number or FEIN Side 2 (a) Assignor name (b) Assignor California corporation number or FEIN (c) Taxable year assigned credit was generated (d) Taxable year assigned credit was received (e) Certificate number or agreement number (if applicable) 1 2 3 4 5 6 7 8632213 8 (f) Initial assigned credit amount received (g) Assigned credit received in 2021 taxable year (h) Assigned credit carryover from prior years 1 2 3 4 5 6 7 8 9 Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (i) Assigned credit available, column (g) plus column (h) (j) Assigned credit claimed in 2021 taxable year (k) Carryover to future years column (i) minus column (j)
TAXABLE YEAR 2021 Assignment of Credit CALIFORNIA FORM 3544
More about the California Form 3544 Corporate Income Tax Tax Credit TY 2021
We last updated the Election to Assign Credit Within Combined Reporting Group in February 2022, so this is the latest version of Form 3544, fully updated for tax year 2021. You can download or print current or past-year PDFs of Form 3544 directly from TaxFormFinder. You can print other California tax forms here.
Related California Corporate Income Tax Forms:
|Form Code||Form Name|
|Form 3544-A||List of Assigned Credit Received and/or Claimed by Assignee|
California usually releases forms for the current tax year between January and April. We last updated California Form 3544 from the Franchise Tax Board in February 2022.
Form 3544 is a California Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
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 3544
We have a total of eleven past-year versions of Form 3544 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
TAXABLE YEAR 2021 Assignment of Credit CALIFORNIA FORM 3544
2020 Form 3544 Assignment of Credit California
2019 Form 3554 - New Employment Credit
2018 Form 3544 - Election to Assign Credit Within Combined Reporting Group
2017 Form 3544 - Election to Assign Credit Within Combined Reporting Group
2016 Form 3544 - Election to Assign Credit Within Combined Reporting Group
2015 Form 3544 -- Election to Assign Credit Within Combined Reporting Group
2014 Form 3544 -- Election to Assign Credit Within Combined Reporting Group
2013 Form 3544 -- Election to Assign Credit Within Combined Reporting Group
2012 Form 3544
2011 Form 3544 -- Election to Assign Credit Within Combined Reporting Group
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