Use the California Tax Form Calculator California Tax Form 100sh: Dividend Income Deduction as a stand alone tax form calculator to quickly calculate specific amounts for your 2023 California state tax return. California Tax Form 100sh: Dividend Income Deduction is also integrated into our comprehensive California State Tax Calculator where you can complete and save your calculations for later use. Alternatively you can use one of our Combined Federal and California State Tax Estimator to quickly calculate your salary, tax and take home pay in California.
| Part I Elimination of Intercompany Dividends (R&TC Section 25106) | |||||
| (a) Dividend payer | (b) Dividend payee | ||||
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| (c) Total amount of dividends received | (d) Amount that qualifies for 100% elimination | (e) Amount from column (d) paid out of current year earnings and profits | (f) Amount from column (d) paid out of prior year earnings and profits | (g) Balance column (c) minus column (d) | |
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| Enter total amounts of each column on line 4 above. Enter total from Part I, line 4, column (d) on Form 100, Side 2, line 10. | |||||
| Part II Deduction for Dividends Paid to a Corporation by an Insurance Company (R&TC Section 24410) | |||||
| (a) Dividend payer | (b) Dividend payee | ||||
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| (c) Percentage of ownership of dividend payer (must be at least 80%) | (d) Total insurance dividends received | (e) Qualified dividend percentage (see instructions) | (f) Amount of qualified insurance dividends column (d) x column (e) | (g) Deductible dividends 85% of column (f) | |
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| 4 | Enter total amounts of each column on line 4 above. Enter total from Part I, line 4, column (d) on Form 100, Side 2, line 10. | ||||
Tip: use the California Tax Calculator to edit your refundable and non-refundable tax credits including California Tax Form 100sh: Dividend Income Deduction. Complete, Calculate, print and or save your tax calculation for later use.
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