Use the California Tax Form Calculator California Tax Form 3805e: Installment Sale Income as a stand alone tax form calculator to quickly calculate specific amounts for your 2023 California state tax return. California Tax Form 3805e: Installment Sale Income 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.
|2a Date acquired (mm/dd/yyyy) ▸ 2b Date sold (mm/dd/yyyy) ▸|
|3||Was the property sold to a related party after December 31, 1980? If "No," skip line 4|| |
|4||Was the property you sold to a related party a marketable security?|| |
|If you checked “Yes,” complete Part III. If you checked “No,” complete Part III for the year of sale and for 2 years after the year of sale.|
|Part I Gross Profit and Contract Price. Complete this part for the year of sale only.|
|Part II Installment Sale Income. Complete this part for the year of sale and any year you receive a payment or have certain debts you must treat as payments on installment obligations.|
|Part III Related Party Installment Sale Income. Do not complete this part if you received the final installment payment this taxable year.|
|28||Did the related party, during this taxable year, resell or dispose of the property (“second disposition”)?|| |
|29||If you checked “Yes,” on line 28, complete lines 30 through 37 below unless one of the following conditions is met. Check only the box that applies|
|The second disposition was more than two years after the first disposition (other than dispositions of marketable securities). If this box is checked, enter the date of the disposition (mm/dd/yyyy|
|The first disposition was a sale or exchange of stock to the issuing corporation.|
|The second disposition was an involuntary conversion where the threat of conversion occurred after the first disposition.|
|The second disposition occurred after the death of the original seller or buyer.|
|It can be established to the satisfaction of the Franchise Tax Board that tax avoidance was not a principal purpose for either of the dispositions. If you check this box, attach an explanation.|
Tip: use the California Tax Calculator to edit your refundable and non-refundable tax credits including California Tax Form 3805e: Installment Sale Income. Complete, Calculate, print and or save your tax calculation for later use.