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Screen CAH - California Homeowner Association Information Return (1120)
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General Information
Exempt under R&TC Section 23701t
Enter
X
if the homeowners’ association is exempt under R&TC Section 23701t, including condominium management associations, residential real-estate management associations, and cooperative housing corporations. The application enters $100 on the Specific deduction line for 23701r or 23701t organizations on Form 100, Schedule F and prints Form 199 if gross receipts are over the limit.note
If this return is marked as exempt under Section 23701t, the application assumes the corporation is not subject to the minimum franchise tax.
Force to print Form 199
Enter
X
to force Form 199 to print. Note that homeowners’ associations with gross receipts under limit are not required to file Form 199.Force to print Form 100
Enter
X
to force Form 100 to print. Note that homeowners’ associations with taxable income of $100 or less are not required to file Form 100.Reason for no California corporation number - Form 199
If the corporation has no California corporation number for completing Form 199 for a homeowner association, enter a reason code directly or select from the dropdown. Enter
1
to select Foreign Non-US, or 2
to select Applied For. If none of these reasons applies, enter a reason in the following section.Other reason for no California corporation number
If the reason for no California corporation number on Form 199 is not one of the 2 preceding choices, enter a reason here.
Explanation of changes in activities or governing instrument not reported to FTB
If there were any changes in activities, governing instrument, articles of incorporation, or bylaws that haven’t been reported to the Franchise Tax Board, enter an explanation to mark the
Yes
checkbox and print the statement. If this is blank, the application marks the No
checkbox.Gross Receipts
Use this section to determine if there is a filing fee with Form 199.
If your organization has existed: | Then the filing fee is zero if the gross receipts don’t exceed: |
|---|---|
1 year or less | $75,000 |
More than 1 year, but less than 3 years | $60,000 (average for current year and one year before) |
3 years or more | $50,000 or less (average for current year and 2 years before) |
2023 (Force)
Enter an amount of gross receipts for the current year. If you leave this field blank, the application uses the amount from Form 199, Total gross receipts for filing requirement test.
2022 / 2021
Enter the amount of gross receipts for the 2nd and 3rd prior years. Enter zero (
0
) if the homeowner association was in business, but had zero receipts. Leave it blank if not in business in that year. The application will proforma these in subsequent years.Receipts
Gross sales or receipts from all business activities (Force)
Enter an amount that is different from the calculated amount. If this is blank, gross sales or receipts from all business activities on Form 199 calculate based on the amount from gross receipts on Form 1120.
Gross dues and assessments from members (Force)
Enter an amount that is different from the calculated amount. If this is blank, gross dues and assessments from members on Form 199 calculate based on the amount from federal Form 1120-H, Total Exempt Function Income.
Interest (Force)
Enter the nonexempt function amount that is different from the calculated amount. If this is blank, interest on Form 199 calculates based on the amount from non-U.S. interest in the federal H screen or the federal Inc screen.
Dividends (Force)
Enter the nonexempt function amount that is different from the calculated amount. If this is blank, dividends on Form 199 calculate based on the amount from dividends on Form 1120-H or 1120.
Gross rents (Force)
Enter the nonexempt function amount that is different from the calculated amount. If this is blank, gross rents on Form 199 calculate based on the amount from gross rents on Form 1120-H or 1120.
Gross royalties (Force)
Enter the nonexempt function amount that is different from the calculated amount. If this is blank, gross royalties on Form 199 calculate based on the amount from gross royalties on Form 1120-H or 1120.
Gross amount received from sale of assets (Force)
Enter the nonexempt function amount that is different from the calculated amount. If this is blank, gross amount received from sales of assets on Form 199 calculates based on the amount of gross sales prices from Form 4797.
Enter optional detail of the sales transactions in the statement. The statement will print with the return.
California Schedule D capital gain (Force)
Enter the nonexempt function amount that is different from the calculated California Schedule D capital gain amount. If this is blank, California Schedule D capital gain on Form 100 calculates based on the amount from line 11 on California Schedule D.
California Schedule D-1 gain (loss) (Force)
Enter the nonexempt function amount that is different from the calculated California Schedule D-1 gain (loss) amount. If this is blank, California Schedule D-1 gain (loss) on Form 100 calculates based on the amount from line 18 on California Schedule D-1.
Other income
The application transfers amounts from the
Other income
statement in the federal H screen or the federal Inc screen to Form 199, Side 2, line 7, Other income. To exclude an item from the state return, delete the amount or the entire line item from the statement. The application shows the modified column in black and won’t replace this new data with subsequent federal-to-state data transfers. For more information, (including details on setting a customer preference to select fields for which you overruled the transferred amount), see Statements overview.Expenses
Use this section to complete the Expenses & Disbursements section of Form 199, the nonexempt function portion of taxes on Form 100, and the nonexempt function portion of depreciation on California Form 3885.
Cost of goods sold (Force)
Enter an amount that is different from the calculated amount. If this is blank, cost of goods sold on Form 199 uses the amount of cost of goods sold from Form 1120.
Cost or other basis and sales expenses of assets sold (Force)
Enter the nonexempt function amount that is different from the calculated amount. If this is blank, cost and sales expenses from sales of assets on Form 199 calculates based on the sales from Form 4797.
Disbursements to or for members (Force)
Enter an amount that is different from the calculated amount. If this is blank, disbursements to or for members on Form 199 calculates the difference between Form 1120-H Association’s total expenditures and Total deductions.
Compensation of officers, directors, and trustees
The application transfers information other than compensation from the federal C&E screen to the statement. Enter the nonexempt function amount in the
Compensation
column in this statement to support compensation of officers, directors, and trustees on Side 2 of Form 199.Other salaries and wages (Force)
Enter the nonexempt function amount that is different from the calculated other salaries and wages amount. If this is blank, other salaries and wages on Form 199 uses the number of salaries and wages from Form 1120-H or 1120.
Interest (Force)
Enter the nonexempt function amount that is different from the calculated amount. If this is blank, interest on Form 199 uses the amount of interest from Form 1120-H or 1120.
Taxes (Force)
Enter the nonexempt function amount that is different from the calculated amount. If this is blank, taxes on Form 199 uses the amount of taxes from Form 1120-H or 1120.
Rents (Force)
Enter the nonexempt function amount that is different from the calculated amount. If this is blank, rents on Form 199 uses the amount of rents from Form 1120-H or 1120.
Depreciation and depletion (Force)
Enter the nonexempt function amount that is different from the calculated depreciation and depletion amount. If is blank, depreciation and depletion on Form 199 uses the amount of depreciation and depletion from Form 1120-H or 1120. The nonexempt function depreciation from Form 1120-H, or total depreciation from Form 1120 transfers to California Form 3885.
Other deductions
The application transfers amounts from the statement attached to the
Other deductions
in the federal H screen or the federal Inc screen to Form 199, Side 2, line 17, Other expenses and disbursements. To exclude an item from the state return, delete the amount or the entire line item from the statement. The application shows the modified column in black and won’t replace this new data with subsequent federal-to-state data transfers. For more information, (including details on setting a customer preference to mark fields for which you overruled the transferred amount), see Statements overview.