California Schedule K-1 redesign.Transferring amounts from federal K-1s to California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). Schedule K-1s will soon be easier. The FTB FTB Franchise Tax Board (California; they collect income and sales tax) FTB Family Tax Benefit (Australian welfare assistance) FTB First Time Buyer (housing) is modifying California's Schedule K-1s (forms 100S, 565, 568, and 541) by reordering re·or·der v. re·or·dered, re·or·der·ing, re·or·ders v.tr. 1. To order (the same goods) again. 2. To straighten out or put in order again. 3. To rearrange. v. line items to make them similar to the line item order on federal Schedule K-1s. Instructions for K-1s will also include a new chart that cross-references the boxes and codes on the federal K-1s to the appropriate line items on the California K-1s. [ILLUSTRATION OMITTED] You can review the draft versions of the revised California K-1 at www.ftb.ca.gov See .gov and GovNet. (networking) gov - The top-level domain for US government bodies. , along with the new instructional chart. |
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