×
tax forms found in
Tax Form Code
Tax Form Name

California Free Printable 2019 Form 3548 Disabled Access Credit for EligibleSmall Businesses for 2020 California Disabled Access Credit for Eligible Small Businesses

It appears you don't have a PDF plugin for this browser. Please use the link below to download 2019-california-form-3548.pdf, and you can print it directly from your computer.

Disabled Access Credit for Eligible Small Businesses
2019 Form 3548 Disabled Access Credit for EligibleSmall Businesses

TAXABLE YEAR 2019 Disabled Access Credit for Eligible Small Businesses Attach to your California tax return. CALIFORNIA FORM 3548 Name(s) as shown on your California tax return  SSN or ITIN  CA Corporation number  FEIN Address of facility (number and street) California Secretary of State file number City State ZIP code 1 2  3  4  5 6  7 8 9 Eligible access expenditures. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Maximum amount of eligible access expenditures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Enter the smaller of line 1 or line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Current year credit. Multiply line 3 by 50% (.50) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 Pass‑through disabled access credit(s) from Schedule K‑1 (100S, 541, 565, or 568). See instructions . . . . . . . . . . 5 Total current year disabled access credit. Add line 4 and line 5, but do not enter more than $125 . . . . . . . . . . . . . . 6 Credit carryover from prior year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Total available disabled access credit. Add line 6 and line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 a Credit claimed. Enter the amount of the credit claimed on the current year tax return. See instructions. (Do not include any assigned credit claimed on form FTB 3544, Part B) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9a  9 b Total credit assigned. Enter the total amount from form FTB 3544, Part A, column (g). If you are not a corporation, enter ‑0‑. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9b 10 Credit carryover available for future years. Add line 9a and line 9b, subtract the result from line 8 . . . . . . . . . . . . . .10 00 $250 00 00 00 00 00 00 00 00 00 00 General Information C California and Federal Differences California allows a disabled access credit that is similar to the federal disabled access credit under Internal Revenue Code (IRC) Section 44, with exceptions. Unless specifically identified otherwise, references in these instructions are to the IRC as of January 1, 2015, and to the California Revenue & Taxation Code (R&TC). The federal disabled access credit under IRC Section 44 and the ­California disabled access credit under R&TC Sections 17053.42 and 23642 are generally the same, except: yy California bases the credit on 50% (.50) of the eligible access expenditures up to $250. Federal bases the credit on 50% (.50) of the eligible access expenditures that exceed $250 up to a maximum of $10,250. yy California allows a carryover of the credit until it is exhausted. The federal credit is one of the general business credits subject to the limitations imposed by IRC Section 38. A Purpose Eligible small businesses use form FTB 3548, Disabled Access Credit for Eligible Small Businesses, to figure a credit for expenditures to provide access to disabled individuals. Also use this form to claim pass‑through disabled access credits received from S corporations, estates, trusts, partnerships, or limited liability companies (LLCs) classified as partnerships. S corporations, estates, trusts, partnerships, and LLCs classified as partnerships should complete form FTB 3548 to figure the amount of credit to pass through to shareholders, beneficiaries, partners, or members. Attach this form to Form 100S, California S Corporation Franchise or Income Tax Return; Form 541, California Fiduciary Income Tax Return; Form 565, Partnership Return of Income; or Form 568, Limited Liability Company Return of Income. Show the pass-through credit for each shareholder, beneficiary, partner, or member on Schedule K-1 (100S, 541, 565, or 568), Share of Income, Deductions, Credits, etc. B Description The amount of ­California credit allowed to an eligible small business is 50% (.50) of the qualified expenditures that do not exceed $250 per taxable year. The maximum credit per eligible small business per taxable year is $125. For Privacy Notice, get FTB 1131 ENG/SP. D Qualifications To qualify for the disabled access credit, you must be an eligible small business that complies with the federal Americans with Disabilities Act of 1990 (Public Law ­101­‑336) and pay or incur eligible access expenditures for taxable years beginning on or after ­January 1, 1996. E Definitions Eligible small business is any business or person that meets both of the following requirements: yy Had gross receipts for the preceding taxable year that did not ­exceed $1 million, or if gross receipts exceeded $1 million, ­employed no more than 30 full-time employees during the preceding taxable year. yy Elects to claim the disabled access credit for the taxable year by filing form FTB 3548. For purposes of the definition of an eligible small business: yy Gross receipts are reduced by returns and allowances made during the taxable year. yy An employee is considered full-time if employed at least 30 hours per week for 20 or more calendar weeks in the taxable year. yy Generally, all members of the same controlled group and all ­persons under common control are considered to be one person. See IRC Section 44(d)(2)(A). 7381193 FTB 3548  2019  Side 1 Eligible access expenditures are the amounts the eligible small business pays or incurs to comply with applicable requirements under the Americans with Disabilities Act of 1990. Eligible access expenditures include amounts paid or incurred to: 1. Remove architectural, communication, physical, or transportation barriers that prevent a business from being accessible to, or usable by individuals with disabilities, but only in connection with a facility first placed in service before November 6, 1990 (the effective date of the Americans with Disabilities Act of 1990). 2. Provide qualified interpreters or other methods of making audio materials available to hearing-impaired individuals. 3. Provide qualified readers, taped texts, and other methods of making visual materials available to individuals with visual impairments. 4. Acquire or modify equipment or devices for individuals with ­disabilities. 5. Provide other similar services, modifications, materials, or ­equipment. The expenditures must be reasonable and necessary to accomplish the above purposes. See IRC Section 44(c) for further details. Disability for an individual (as defined by the Americans with Disabilities Act of 1990) means: 1. A physical or mental impairment that substantially limits one or more of the major life activities of that individual. 2. A record of an impairment described in 1 above, or 3. Being regarded as having an impairment described in 1 above. F Limitations The amount of credit generated for any taxable year is limited to $125. This limitation applies at the entity level (for S corporations) as well as to each shareholder. S corporations may claim only 1/3 of the credit (not to exceed $41.67) against the 1.5% entity-level tax (3.5% for financial S corporations), the remaining 2/3 must be disregarded and may not be used as carryover. S corporations can pass through 100% of the credit (not to exceed the $125 limitation) to their shareholders. If a C corporation had unused credit carryovers when it elected S corporation status, the carryovers were reduced to 1/3 and transferred to the S corporation. The remaining 2/3 were disregarded. The allowable carryovers may be used to offset the 1.5% tax on net income in accordance with the respective carryover rules. These C corporation carryovers may not be passed through to shareholders. For more information, get Schedule C (100S), S Corporation Tax Credits. If a taxpayer owns an interest in a disregarded business entity [a single member limited liability company (SMLLC) not recognized by California, and for tax purposes is treated as a sole proprietorship owned by an individual or a branch owned by a corporation], the credit amount received from the disregarded entity that can be utilized is limited to the difference between the taxpayer’s regular tax figured with the income of the disregarded entity, and the taxpayer’s regular tax figured without the income of the disregarded entity. For more information on SMLLC, get form 568, Limited Liability Company Tax Booklet. If the disregarded entity reports a loss, the taxpayer may not claim the credit this year but can carry over the credit amount received from the disregarded entity to succeeding years. This credit cannot reduce the minimum franchise tax (corporations and S corporations), the annual tax (limited partnerships, limited liability partnerships, and LLCs classified as partnerships), the alternative minimum tax (corporations, exempt organizations, individuals, and fiduciaries), the built-in gains tax (S corporations), or the excess net passive income tax (S corporations). This credit cannot reduce regular tax below the tentative minimum tax. Get Schedule P (100, 100W, 540, 540NR, or 541) Alternative Minimum Tax and Credit Limitations, for more information. Page 2  FTB 3548 Instructions  2019 This credit is taken in lieu of any deduction or credit otherwise allowable for the same eligible access expenditures. Any deduction allowed for these same expenditures must be reduced by the amount of credit claimed and/or assigned to an affiliated corporation for the current taxable year (the amount shown on line 9a and 9b). Taxpayers that claim this credit cannot increase the basis of the property, with respect to the eligible access expenditures paid or incurred in connection with such property, by the amount of credit claimed and/ or assigned to an affiliated corporation for the current taxable year (the amount shown on line 9a and line 9b). This credit is not refundable. G Assignment of Credits Assigned Credits to Affiliated Corporations – Credit earned by members of a combined reporting group may be assigned to an affiliated corporation that is an eligible member of the same combined reporting group. A credit assigned may only be claimed by the affiliated corporation against its tax liability. For more information, get form FTB 3544, Assignment of Credit, or go to ftb.ca.gov and search for credit assignment. H Carryover If the available credit exceeds the current year tax liability, the taxpayer can carry the unused credit over to succeeding years until exhausted. Apply the carryover to the earliest taxable year possible. In no event can the taxpayer carry the credit back and apply it against a prior year’s tax. Specific Line Instructions Line 1 – Eligible access expenditures Enter the total eligible access expenditures paid or incurred during the current taxable year. Line 5 – Pass-through disabled access credit If you received more than one pass-through credit from S corporations, estates, trusts, partnerships, or LLCs classified as partnerships, add the amounts and enter the total. Attach a schedule showing the names and identification numbers of the entities from which the credits were passed through to you. Line 9a – Credit claimed Do not include assigned credits claimed on form FTB 3544, Part B, List of Assigned Credit Received and/or Claimed by Assignee. This amount may be less than the amount on line 8 if your credit is limited by your tax liability. For more information, see General Information F, Limitations, and refer to the credit instructions in your tax booklet. Use credit code 205 when you claim this credit. Line 9b – Total credit assigned Corporations that assign credit to other corporations within the same combined reporting group must complete form FTB 3544, Part A, Election to Assign Credit Within Combined Reporting Group. Enter the total amount of credit assigned from form FTB 3544, Part A, column (g) on this line.
Extracted from PDF file 2019-california-form-3548.pdf, last modified June 2019

More about the California Form 3548 Corporate Income Tax Tax Credit TY 2019

We last updated the Disabled Access Credit for Eligible Small Businesses in April 2020, so this is the latest version of Form 3548, fully updated for tax year 2019. You can download or print current or past-year PDFs of Form 3548 directly from TaxFormFinder. You can print other California tax forms here.

Other California Corporate Income Tax Forms:

TaxFormFinder has an additional 174 California income tax forms that you may need, plus all federal 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

Download all CA tax forms View all 175 California Income Tax Forms


Form Sources:

California usually releases forms for the current tax year between January and April. We last updated California Form 3548 from the Franchise Tax Board in April 2020.

Show Sources >

Form 3548 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 3548

We have a total of nine past-year versions of Form 3548 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2019 Form 3548

2019 Form 3548 Disabled Access Credit for EligibleSmall Businesses

2018 Form 3548

2018 Form 3548 -Disabled Access Credit for Eligible Small Businesses

2017 Form 3548

2017 Form 3548 - Disabled Access Credit for Eligible Small Businesses

2016 Form 3548

2016 Forn 3548 Disabled Access Credit for EligibleSmall Businesses

Disabled Access Credit for Eligible Small Businesses 2015 Form 3548

2015 Form 3548 -- Disabled Access Credit for Eligible Small Businesses

Disabled Access Credit for Eligible Small Businesses 2014 Form 3548

2014 Form 3548 -- Disabled Access Credit for Eligible Small Businesses

Disabled Access Credit for Eligible Small Businesses 2013 Form 3548

2013 Form 3548 -- Disabled Access Credit for Eligible Small Businesses

2012 Form 3548

2012 Form 3548

2011 California Form 3548 2011 Form 3548

2011 Form 3548 -- Disabled Access Credit for Eligible Small Businesses


TaxFormFinder Disclaimer:

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.

** This Document Provided By TaxFormFinder.org **
Source: http://www.taxformfinder.org/california/form-3548