California Tax Form 3548 Fill in and Calculate California State tax Online

California Tax Form 3548: Enhanced Oil Recovery Credit

Use the California Tax Form Calculator California Tax Form 3548: Enhanced Oil Recovery Credit as a stand alone tax form calculator to quickly calculate specific amounts for your 2024 California state tax return.

Enhanced Oil Recovery Credit
1	Eligible access expenditures. See instructions	1
2	Maximum amount of eligible access expenditures	2
3	Enter the smaller of line 1 or line 2	3
4	Current year credit. Multiply line 3 by 50% (0.5)	4
5	Pass-through disabled access credit(s) from Schedule K-1 (100S, 541, 565, or 568). See instructions	5
6	Total current year disabled access credit. Add line 4 and line 5, but do not enter more than $125	6
7	Credit carryover from prior year	7
8	Total available disabled access credit. Add line 6 and line 7	8
9a	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 3544A.)	9a
b	Total credit assigned. Enter the total amount from form FTB 3544, 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

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