Re: California State Tax Add Back - Corporation Form 100

n1njah · ‎08-29-2022

Hello,

I'm trying to figure out how to add back the California state tax to Schedule M-1 on Form 100 (Corp).

I tried "Expenses recorded on books not included on return" but it messes with the Federal income. I tried removing, keeping the state tax for Federal as well but something is constantly changing in accordance to the alternatives I try.

Thank you, all help is appreciated.

sjrcpa · ‎08-29-2022

How did you enter it?

Is there an option to choose state income tax when entering it a an expense?

The more I know the more I don’t know.

n1njah · ‎08-29-2022

I went to Deductions > Deductions > Taxes > State Tax

I did this for Federal. It'll add it back on page 1 of CA form 100 but won't add it back in the M-1 for CA.

Intuit_Al · ‎09-01-2022

Hello @n1njah , under General > Miscellaneous there is an Accrued Taxes section. Selecting the box for Accrue state tax option 2 should automatically generate the amount on Schedule M-1 line 5. If not using the Accrue state tax options, an entry will need to be made in the Schedule M-1 screen for State taxes (automatic if using state tax accrual option 2).

Thanks!

n1njah · ‎09-01-2022

Thank you for your response.

I tried this and it worked for the CA M-1, but now it's adding back the taxes on the Fed M-1.

mobilestranger21 · ‎02-17-2023

Did you get a fix for this? I'm in the same boat