joanmcq Posted February 26, 2013 Report Share Posted February 26, 2013 I'm filing the first year for an S-corp that incorporated April 6. I understand that they'll get the 'first year free'. But I thought they'd have to pay the $800 minimum franchise fee as an estimated tax for their 2013 year by March 15. However, also in the back of my addled brain, I seem to remember that this might have changed, and the tax isn't due until the end of the year. I've scoured my Spidell big blue book, but can't find the answer. ATX is calculating no estimated taxes due for 2013. Right or wrong? Quote Link to comment Share on other sites More sharing options...
norcalea Posted February 26, 2013 Report Share Posted February 26, 2013 Joan - I think your original instincts are right, although if I read it right it is not due until 4-15. Here is a link to the 100es instructions ..see page 1 part D. https://www.ftb.ca.gov/forms/2012/12_100esins.pdf Hope this is helpful. Quote Link to comment Share on other sites More sharing options...
JMovichEA Posted February 26, 2013 Report Share Posted February 26, 2013 https://www.ftb.ca.gov/businesses/faq/707.shtml Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.