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January 28, 2025
Question

Form 3554 Credit owner must be entered.what do I put in this line ?

  • January 28, 2025
  • 1 reply
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credit owner ?

    1 reply

    January 28, 2025

    It is the name of taxpayer generating the credit. 

     

     Form FTB 3554, New Employment Credit, is used to figure a credit for a qualified taxpayer that hires a qualified full-time employee and pays or incurs qualified wages attributable to work performed by that employee in a Designated Geographic Area and receives a Tentative Credit Reservation for that employee.

     

    If that doesn't apply to you, you can delete the form:

    1. Sign into your account 

    2. Select Tax Tools on the bottom left and then Tools

    3. Select Delete a Form 

    4. Find the form and select delete next to it

     

    If using TurboTax desktop:

    1. Switch to Forms mode.
    2. In the left pane, select the form you want to remove.
    3. After the form is generated in the right pane, select the Delete Form button at the bottom of the window.
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