Get Year 2008 Part I Qualified Subchapter S Subsidiary (qsub) Information Worksheet

This guide provides clear instructions on how to complete the YEAR 2008 Part I Qualified Subchapter S Subsidiary (QSub) Information Worksheet online. By following these steps, users can accurately fill out the necessary information for their QSubs and ensure compliance with tax regulations.

Follow the steps to complete the QSub Information Worksheet online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. In Part I, enter the name of the parent corporation in the designated field. Then, provide the California corporation number, consisting of seven digits, and the federal employer identification number (FEIN), consisting of nine digits.
3. Proceed to Part II to list each QSub that needs to be included in the Form 100S. In column (a), write the name of each QSub. If the QSub has a California corporation number, input it in column (b), and if it has a FEIN, enter it in column (c). If either number is not applicable, indicate ‘none’.
4. In column (d), input the effective date of the federal QSub election made for each subsidiary. Remember that this election is treated as a binding option for California purposes.
5. Next, document the date of payment for the QSub annual tax in column (e). In column (f), enter the amount of QSub annual tax paid, which is $800 for each QSub owned.
6. Once all necessary fields are completed, review the information for accuracy. After verification, you may save your changes, download the worksheet, print it, or share it as needed.

Complete your QSub Information Worksheet online today for streamlined tax compliance.