Use the California Tax Form Calculator California Tax Form 100sp: Alternative Minimum Tax and Credit Limitations — Corporations as a stand alone tax form calculator to quickly calculate specific amounts for your 2023 California state tax return. California Tax Form 100sp: Alternative Minimum Tax and Credit Limitations — Corporations 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 Tentative Minimum Tax (TMT) and Alternative Minimum Tax (AMT) Computation | |||||||||
1 | 1 | ||||||||
2 | Adjustments. See instructions | ||||||||
a | 2a | ||||||||
b | 2b | ||||||||
c | 2c | ||||||||
d | 2d | ||||||||
e | 2e | ||||||||
f | 2f | ||||||||
g | 2g | ||||||||
h | 2h | ||||||||
i | 2i | ||||||||
j | 2j | ||||||||
k | 2k | ||||||||
l | 2l | ||||||||
3 | Tax preference items. See instructions | ||||||||
a | 3a | ||||||||
b | 3b | ||||||||
c | 3c | ||||||||
4 | Pre-adjustment alternative minimum taxable income (AMTI): | ||||||||
a | 4a | ||||||||
b | 4b | ||||||||
5 | Adjusted current earnings (ACE) adjustment: | ||||||||
a | 5a | ||||||||
b | 5b | ||||||||
c | 5c | ||||||||
d | 5d | ||||||||
e | 5e | ||||||||
f | 5f | ||||||||
6 | 6 | ||||||||
7a | 7a | ||||||||
b | 7b | ||||||||
c | 7c | ||||||||
8 | 8 | ||||||||
9 | 9 | ||||||||
10 | 10 | ||||||||
11 | 11 | ||||||||
12 | 12 | ||||||||
13 | 13 | ||||||||
14 | 14 | ||||||||
15 | 15 | ||||||||
16 | 16 | ||||||||
17 | 17 | ||||||||
18 | 18 | ||||||||
19 | 19 | ||||||||
Part II Credits that Reduce Tax. See instructions. | |||||||||
1 | 1 | ||||||||
2 | 2 | ||||||||
Section A – Credits that reduce excess regular tax | (a) Credit amount | (b) Credit used this year | (c) Tax balance that may be offset by credits | (d) Credit carryover | |||||
3 | Subtract line 2 from line 1. If zero or less, enter -0- and see instructions. This is the excess regular tax which may be offset by credits | 3 | |||||||
A1 | Credits that reduce excess regular tax and have no carryover provisions. | 4 | |||||||
4 | Code: 162 Prison Inmate Labor Credit | ||||||||
A2 | Credits that reduce excess regular tax and have carryover provisions. See instructions. | 5 | |||||||
5 | Code: Credit name: | ||||||||
6 | Code: Credit name: | 6 | |||||||
7 | Code: Credit name: | 7 | |||||||
8 | Code: Credit name: | 8 | |||||||
9 | Code: 188 Credit for prior year AMT from Part III, line 3 | 9 | |||||||
Section B – Credits that may reduce regular tax below TMT | 10 | ||||||||
10 | If Part II, line 3 is zero, enter the amount from line 1 minus the minimum franchise tax, if applicable. If line 3 is more than zero, enter the total of Part II, line 2, minus the minimum franchise tax, if applicable, plus line 9, column (c) or the last entry in column (c) | ||||||||
B | Credits that reduce net tax and have carryover provisions. See instructions. | 11 | |||||||
11 | Code: Credit name: | ||||||||
12 | Code: Credit name: | 12 | |||||||
13 | Code: Credit name: | 13 | |||||||
14 | Code: Credit name: | 14 | |||||||
Section C – Credits that may reduce AMT. See instructions. | 15 | ||||||||
15 | Enter the AMT from Part I, line 19 | ||||||||
16a | Code: 180 Solar Energy Credit carryover from Section B, column (d) | 16a | |||||||
16b | Code: 181 Commercial Solar Energy Credit carryover from Section B, column (d) | 16b | |||||||
17 | Code: 176 Enterprise Zone Hiring & Sales or Use Tax Credit carryover from Section B, column (d) | 17 | |||||||
18 | Adjusted AMT. Enter the balance from line 17, column (c) here and on Form 100, Side 2, line 29 or Form 109, Side 1, line 13 | 18 | |||||||
Part III Credit for Prior Year AMT | |||||||||
1 | 1 | ||||||||
2 | 2 | ||||||||
3 | 3 |
Tip: use the California Tax Calculator to edit your refundable and non-refundable tax credits including California Tax Form 100sp: Alternative Minimum Tax and Credit Limitations — Corporations. Complete, Calculate, print and or save your tax calculation for later use.
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