Skip to main content
February 28, 2025
Question

what do i enter for Entity Level Tax for Partnerships and Tax-Option (S) Corporations

  • February 28, 2025
  • 1 reply
  • 0 views
No text available

    1 reply

    February 28, 2025

    The California Entity Level Tax is 9.3% of the entity's qualified net income.

     

    It's an optional tax used to reduce the taxes due from shareholders.  You can read about it here.

     

    @norgalk 

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"