Get Ca Schedule 1067a 2022-2025

Filling out the CA Schedule 1067A is essential for nonresident individuals included in a group return. This guide will assist you with a comprehensive, step-by-step format to ensure the process is clear and straightforward.

Follow the steps to accurately complete your CA Schedule 1067A.

1. Click the ‘Get Form’ button to access the CA Schedule 1067A and open it in your editor.
2. Identify the group name, Federal Employer Identification Number (FEIN), and California corporation number or Secretary of State file number. Fill out the respective fields at the top of the form.
3. In Part I, begin listing the electing nonresident individuals. Enter their Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) in column (a) and their full name in column (b). If the individual has a partner, include their information as well.
4. For column (c), input the individual's distributive share of California source income for the taxable year ending in 2022.
5. In column (d), enter the amount of deferred compensation deduction for that individual. Reference FTB Publication 1067, Section H, for additional information.
6. Compute the amount in column (e) by subtracting the deferred compensation (column (d)) from total California source income (column (c)).
7. Column (f) is calculated by taking column (e) and multiplying it by 12 and then 3%.
8. If applicable, calculate any tax credit allowable in column (g) using instructions from FTB Publication 1067, Section H.
9. For column (h), if the individual's total California taxable income from all sources exceeds $1 million, calculate the Mental Health Services Tax by multiplying column (e) by 1%.
10. Sum the values for columns (f), (g), and (h) to complete column (i) for the total tax.
11. Repeat the above steps for Part II and Part III if necessary, then ensure that all parts, along with any supplemental schedules, are attached to your Form 540NR.
12. Once all information is complete, save changes and choose to download, print, or share your completed form as needed.

Start fulfilling your CA Schedule 1067A requirements online today!