California Income Tax Fundamentals

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0324188560

1. THE CALIFORNIA RESIDENT INDIVIDUAL TAX RETURN 1.1 California Taxation 1.2 California Taxable and Reporting Entities 1.3 The California Individual Tax Formula 1.4 Who Must File and Where to File 1.5 Filing Status and Tax Computation 1.6 Personal and Dependency Exemptions Questions and Problems 2. CALIFORNIA ADJUSTMENTS AND SPECIAL ITEMS 2.1 California AGI Adjustments 2.2 California Itemized Deductions 2.3 California Capital Gains 2.4 California Retirement Plans 2.5 California Tax Credits 2.6 California Withholding and Estimated Payments 2.7 Qualified State Tuition Programs (QSTP) Questions and Problems 3. NONRESIDENT TAXATION AND CALIFORNIA AMT 3.1 California Residency 3.2 Nonresident California Source Income 3.3 Nonresident and Part-Year Resident Tax Calculation 3.4 Military Personnel in California 3.5 California Alternative Minimum Tax Questions and Problems 4. CALIFORNIA CORPORATIONS AND PARTNERSHIPS 4.1 Taxing California Corporations 4.2 Net Income Computations 4.3 Taxing California S Corporations 4.4 Taxing California Partnerships and LLCs Questions and Problems 5. MULTISTATE TAXATION 5.1 Doing Business in More Than One State 5.2 Measuring California Taxable Income 5.3 The Unitary Rule Questions and Problems 6. CALIFORNIA TAX PRACTITIONER REQUIREMENTS 6.1 Tax Practitioner Conduct 6.2 Circular 230 Requirements 6.3 California Tax Preparer Rules 6.4 Electronic Filing in California Questions and Problems.