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  • 2011 Form 3885l -- Depreciation And Amortization. 2011 California Form 3885l - Ftb Ca

Get 2011 Form 3885l -- Depreciation And Amortization. 2011 California Form 3885l - Ftb Ca

Current taxable year: (a) (b) (c) Description of property Date placed Cost or in service other basis Depreciation of Assets (d) Method of figuring depreciation (e) Life or rate (f) Depreciation for this year Amortization of Property (g) Code section (h) Period or percentage (i) Amortization to this year 1 1 Enter line 1, column (f) and column (i) totals . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Related content

2018 Instructions for Form FTB 3885 | FTB.ca.gov
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2018 Instructions for Form FTB 3885 | FTB.ca.gov
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A. Purpose. Use form FTB 3885A, Depreciation and Amortization Adjustments, only if there is a difference between the amount of depreciation and amortization allowed as a deduction using California law and the amount allowed using federal law.

California does not conform to the federal special or bonus depreciation for qualified property acquired and placed in service. Election to Expense Certain Tangible Property (IRC 179).

California conforms to the IRC Section 197 amortization of intangibles. Generally, assets that meet the definition under IRC Section 197 are amortized on a straight-line basis over 15 years.

Purpose. Use form FTB 3885, Corporation Depreciation and Amortization, to calculate California depreciation and amortization deduction for corporations, including partnerships and limited liability companies (LLCs) classified as corporations.

Depreciation is the annual deduction allowed to recover the cost or other basis of business or income producing property with a determinable useful life of more than one year.

2021 Form 3805P Additional Taxes on Qualified Plans (Including IRAs) and Other Tax-Favored Accounts.

California law has not always conformed to federal law with regard to depreciation methods, special credits, or accelerated write‑offs. Consequently, the recovery periods and the basis on which the depreciation is calculated may be different from the amounts used for federal purposes.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232