Get Form 3807

Filling out Form 3807 online can simplify the process of claiming tax deductions and credits relevant to businesses in Local Agency Military Base Recovery Areas. This guide offers a step-by-step approach to help users complete the form accurately and efficiently.

Follow the steps to fill out your Form 3807 online

1. Click ‘Get Form’ button to obtain the form and open it in your preferred editing tool.
2. Enter your Social Security Number (SSN), Individual Taxpayer Identification Number (ITIN), or California corporation number in the designated field to identify yourself.
3. Fill in the names as they appear on your tax return in the corresponding section.
4. Provide your California Secretary of State (SOS) file number if applicable.
5. Select the appropriate entity type by checking the relevant box, indicating whether you are an individual, estate, trust, corporation, or partnership.
6. Input the name of your Local Agency Military Base Recovery Area (LAMBRA) business in the specified area.
7. Write the actual address where your LAMBRA business operates in the address field.
8. Complete the name of the LAMBRA where your business activities occur.
9. Enter the Principal Business Activity Code of your LAMBRA business in the designated box.
10. Indicate the total number of employees in your LAMBRA, followed by the number of employees claimed for any hiring credit.
11. Provide the gross annual receipts and total asset value of your business in the respective fields.
12. If applicable, complete Part I regarding net increases in jobs, ensuring to detail employment numbers for the current and previous taxable years.
13. Proceed to Part II and provide any hiring and sales or use tax credits claimed, using any worksheets required beforehand.
14. In Part III, enter the cost of qualified property purchased as a business expense if applicable.
15. Move to Part IV and provide the average apportionment percentage if necessary.
16. Finally, review all entries for accuracy. You can save your changes, download a copy of the form, print it out, or share it as needed.

Start completing your Form 3807 online today to ensure all eligible tax credits and deductions are claimed.