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S-Corp
Level 1

Interest on government obligations (t-bills) subject to CA Franchise tax?

Is interest from government obligations (t-bills) subject to CA Franchise tax? I see that Form 100S is adding Interest on government obligations to federal Form 1120-S, line 21. Is it expected?

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‎April 20, 2023 2:04 AM
last updated ‎April 20, 2023 2:04 AM
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S-Corp
Level 1

Interest on government obligations (t-bills) subject to CA Franchise tax?

  • Any answers to this question? 
‎April 23, 2023 4:58 PM
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