$800 FTB FOR S-CORP DEDUCTION

Hi, can I deduct minimum tax $800 which I paid to CA deduct from my 1120-S Federal? If yes where is the related line?

Thanks

posted

Yes. Go to 'Deductions on your federal return and scroll down until you hit 'Business Expenses'-

Click on 'Start' next to 'Taxes and Licenses'

Then enter the amount into 'Other Taxes'.

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