>

Ftb 3893 - The 2021 Form 3893, Pass-Through Entity Elective Tax Payment Voucher will be revised first. We an

Forms and Publications Search | California Franchise Tax Board. Tax Year.

• Form FTB 3893, Pass-Through Entity Elective Tax Payment Voucher • Form FTB 3804, Pass-Through Entity Elective Tax Calculation • Form FTB 3804-CR, Pass-Through Entity Elective Tax Credit Use form FTB 3893 to pay an elective tax for taxable years beginning on or after January 1, 2022, and before January 1, 2026. The qualified PTE shallOnly one form FTB 3853 should be filed for each applicable household. If you can be claimed as a dependent by another taxpayer, you . do not. need to file form FTB 3853 and . do not . owe an Individual Shared Responsibility Penalty. The taxpayer that claims you as a dependent is the responsible individual (see Responsible individual, under ...This schedule will allow the FTB to trace the elective tax credit payments from the electing qualified PTE return to the qualified taxpayers’ returns upon receipt of the completed form FTB 3804. Do not use form FTB 3804 to remit the elective tax payment. Use form FTB 3893. For more information, get form FTB 3893.The Pass-Through Entity elective tax payment can be made using Web Pay. However, if you are unable to make electronic payments through our Web Pay payment application you may mail in a payment. Please include a payment voucher, FTB 3893, make check payable to Franchise Tax Board, write the business name, tax year, and Entity ID on your payment.3671223 Form 568 2022 Side 1 Limited Liability Company Return of Income I (1) During this taxable year, did another person or legal entity acquire control or majority ownership (more than a 50% interest) of this LLC or any legal entity in which the LLC holds a controlling or majority interest that owned California real propertyOnly one form FTB 3853 should be filed for each applicable household. If you can be claimed as a dependent by another taxpayer, you . do not. need to file form FTB 3853 and . do not . owe an Individual Shared Responsibility Penalty. The taxpayer that claims you as a dependent is the responsible individual (see Responsible individual, under ...Updated April 03, 2023 California A.B. 150, also known as the Pass-Through Entity Elective tax or PTET, allows state tax on passthrough income to be paid at the entity level at a flat rate of 9.3%. The law is effective for tax years beginning on or after January 1, 2021, and before January 1, 2026. Table of contents:Edit Form ftb 3522. Effortlessly add and underline text, insert images, checkmarks, and icons, drop new fillable areas, and rearrange or remove pages from your document. ... form ftb 3522 ftb 3536 ftb 3522 pay online ftb 568 franchise tax board payment voucher 2022 form 3552 irs form 3522 due date ftb 3893. Related forms. Maintenance court ...1 FTB 3893 (NEW 2021)62312132021 Instructions for Form FTB 3893 Pass-Through Entity Elective Tax Payment Voucher What's NewElective Tax for Pass-through Entities (PTE) and Credit for Owners For taxable years beginning on or after January 1, 2021, and before January 1, 2026, California law allows entities taxed as a partnership or an S corporation to annually elect to pay an elective tax at a ...01 . New Jersey establishes elective entity tax for pass-through entities (PTE) Overview . On January 13, 2020, Governor Phil Murphy signed Senate Bill No. 3246 (S3246), Pass-through Business AlternativeFranchise Tax Board (FTB) Our mission is to help taxpayers file tax returns timely, accurately, and pay the correct amount to fund services important to Californians. Website Contact. General Information: 800-852-5711. Hearing Impaired: 800-822-6268. Phone Hours of Availability: Weekdays 7 AM to 5 PM.For more information, get form FTB 3804-CR, Pass-Through Entity Elective Tax Credit." So maybe we should add that manually to 13(d) of K-1. And maybe the same for 100S, Side 6, Line 13(d). ‎March 3, 2022 3:16 PM. ... Open Form 3893 (PTE) and check the box to activate the form.2023 Pass-Through Entity Elective Tax Payment Voucher (FTB 3893) Has the FTB provided guidance for taxpayers making third and / or fourth quarter estimated tax payments? Yes. According to the FTB: The newly enacted credit is R&TC §17052.10, is included in Part 10 and therefore it is one of the credits that reduce the computation of …Entities can also use the Pass-Through Entity Elective Tax Payment Voucher (FTB 3893) to make a PTE elective tax payment by printing the voucher from FTBs website and mailing it to FTB. 3843 online. 2016 541 California Form and Instructions Tax Booklet [PDF]Enter the amount of payment with form FTB 3893. Line 32 - Use Tax. As explained under Use Tax General Information U, California use tax applies to purchases of merchandise from out-of-state sellers (for example, purchases made by telephone, online, by mail, or in person) where sales or use tax was not paid and those items were used in California.What form to file California individuals and businesses impacted by the 2022-23 winter storms qualify for an extension until Oct. 16, 2023, to file and pay taxes. View our emergency tax relief page for more information.Jul 14, 2023 · Printing the FTB Form 3893 (2022) is automatic with the Accountant, Government, and Client copies along side TY 2021 FTB Form 3893. FTB Form 3893 (2022) can be prepared without preparing FTB Form 3804: Go to California > Payments worksheet. Expand Section 1 - Tax Payments. In Line 7 - Form 3893 Payment 1 amount due - override, input applicable ... For more information or to obtain the waiver form, go to ftb.ca.gov/e-pay. Related Searches. ftb payment voucher 2022 ftb 3893 california payment voucher paper file form 100s franchise tax board can ca amended returns be e filed ftb form 3586, payment ftb form 540 payment voucher form 3582. Related forms. Imm 5444. Learn more. Imm 5444. Learn …Don't pay on time. Don't pay enough estimated tax. Don't have enough taxes withheld from your paycheck. Don't pay electronically when you're required. Make a dishonored payment (bounced check, insufficient funds) These are our most common penalties and fees. Visit our Penalty reference chart for more information.Use Form FTB 3853 to determine if you owe an individual shared responsibility penalty or to claim exemptions from the state individual health coverage mandate on your California state tax return. Use the California Franchise Tax Board forms finder to view Form FTB 3853.. You may be exempt from the individual mandate if your income is below the state tax filing threshold.Feb 28, 2023 · Yes. Form 3893 (PTE) Pass-Through Entity Elective Tax Payment Voucher (Payment 1 due 6/15 and Payment 2 due 3/1 5) How do we generate them? They will automatically generate when activating Form 3804. The vouchers amounts can be changed or suppressed by using the override inputs. Worksheet View: CA 592-PTE, 3893 (PTE), Form (PTE) Pass-Through ... This Google™ translation feature, provided on the Franchise Tax Board (FTB) website, is for general information only. Consult with a translator for official business. The web pages currently in English on the FTB website are the official and accurate source for tax information and services we provide.3671223 Form 568 2022 Side 1 Limited Liability Company Return of Income I (1) During this taxable year, did another person or legal entity acquire control or majority ownership (more than a 50% interest) of this LLC or any legal entity in which the LLC holds a controlling or majority interest that owned California real propertyForm FTB 3893, Pass-Through Entity Elective Tax Payment Voucher; Form FTB 3804, Pass-Through Entity Elective Tax Calculation; Form FTB 3804-CR, Pass-Through Entity Elective Tax Credit; General Information. In general, for taxable years beginning on or after January 1, 2015, California law conforms to the IRC as of January 1, 2015. However ...Form FTB 3893, Pass-Through Entity Elective Tax Payment Voucher • Form FTB 3804, Pass-Through Entity Elective Tax Calculation • ... additional forms FTB 3804-CR to report all PTE elective tax credit . amount(s) and their respective information. Part II – Available Credit. Line 1 – Total credit from electing qualified PTEs. Enter the total credit reported …Add the 2022 Form FTB 3582Payment Voucher for Individual e-filed Returns. 2022 Form FTB 3582Payment Voucher for Individual e-filed Returns for redacting. Click on the New Document option above, then drag and drop the sample to the upload area, import it from the cloud, or via a link. Modify your file. Make any changes needed: add text and ...Email. Sacramento - The Franchise Tax Board (FTB) kicked off the 2023 tax filing season this month. With the start of the new tax season, the FTB is offering Californians tips on avoiding scams, claiming valuable cash-back tax credits, filing a return for free, and calculating state tax deductions for losses incurred from natural disasters.form 3522 form 3537 ftb 3893 form 3536 instructions 2022 form 3588 form 568 form 3536 2022 form 3536 vs 3522. Related forms. Wedding flower order form. Learn more. Wedding flower order form. Learn more. ... LLCs should use form FTB 3536, Estimated Fee for LLCs, to remit the estimated fee payment. A penalty will apply if the LLCs estimated fee ...The California Franchise Tax Board Dec. 1 released 2021 Form FTB 3893, Pass-Through Entity (PTE) Elective Tax Payment Voucher, with instructions for …The tax is paid using FTB Forms 3804 and 3893 for 2021. For tax years 2022 through 2025, the elective PTET is due in two installments: (i) the first installment is due on June 15 th, and is the greater of $1,000 or 50% of the elective tax paid the previous year; (ii) the second installment is due on or before March 15 th of the subsequent year.Go to ftb.ca.gov/Pay for information about Web Pay. Mail. Have your client send us a check or money order, payable to Franchise Tax Board. Write the entity ID, tax year 2022, and include a FTB 3893 Voucher, with an explanation “PTE Elective Tax Erroneous Refund” on the payment and mail to: Franchise Tax Board P.O. Box 2288 Rancho Cordova ... Instructions for form FTB 3893, Pass-Through Entity Elective Tax Payment Voucher: 03/16/2023: PDF. Instructions, Page 1, Column 2, When and Where to File section, Payment 2 paragraph. Added language. Added language to clarify on how to make PTE elective tax payments. 2022: Form FTB 3514, California Earned Income Tax Credit 540, Personal Income ... Only one form FTB 3853 should be filed for each applicable household. If you can be claimed as a dependent by another taxpayer, you . do not. need to file form FTB 3853 and . do not . owe an Individual Shared Responsibility Penalty. The taxpayer that claims you as a dependent is the responsible individual (see Responsible individual, under ...2021 Personal Income Tax Booklet, Form 540. Breadcrumbs: Home; 2021 Instructions for Form 540 Personal Income Tax BookletRevised: 07/2022FTB 3586 Instructions 2021. 3. The information on form FTB 3586 should match the information that was electronically transmitted to the FTB and the information printed on the paper copy of the corporation's or exempt organization's 2021 tax return. Using black or blue ink, make the check or money order payable to the "Franchise Tax Board."By default, Lacerte assumes your client is going to pay PTE tax by mail, and will print an FTB 3893 voucher for any amount you haven't already recorded as paid in the program. If your client is going to use Web Pay to make their payments: Go to Screen 48.011, California Taxes. Find the Tax Computation section.FTB 3893 Instructions 2021 (REV 10-22) Page 1 2022 Instructions for Form FTB 3893 Pass-Through Entity Elective Tax Payment Voucher General Information Elective Tax for Pass-Through Entities (PTE) and Credit for Owners - For taxable years beginning on or after January 1, 2021, and beforeThe 2021 Form 3893, Pass-Through Entity Elective Tax Payment Voucher will be revised first. We anticipate the revised Form 3893 will be available March 7, 2022. A list of items …Governor Newsom signed California Assembly Bill 150 into law on July 16, 2021. This new law allows certain pass-through entities to annually elect to pay an elective tax in the amount of 9.3% of the pro rata share or distributive share of the entity's partners, shareholders, or members. The partners, shareholders and members then receive a tax ...Who California Franchise Control Board (FTB) erroneously issued refunds to 3,000 taxpayers. Aforementioned California Franchise Tax Board (FTB) erroneously issued returns to 3,000 taxpayers. California: Erroneously issued refunds of 2022 PTE tax - KPMG United States / Help with the Middle Class Tax Refund | Erooticpeople.comForms and Publications Search | California Franchise Tax Board. Tax Year. Taxpayer Type. Or. Form Number and/or Keywords.on FTB's website. Entities can use Web Pay to pay for free and. to ensure the payment is timely credited to their account. Entities can also use the Pass-Through Entity Elective Tax Payment Voucher (FTB 3893) to make a PTE elective tax payment by printing the voucher from FTB's website and mailing it to FTB. Once the payment isPass-Through Entity Elective Tax Payment Voucher (FTB 3893) – Available November 1, 2021 • Pass-Through Entity Elective Tax Calculation (FTB 3804) – Available January 2022 • Pass-Through Entity Elective Tax Credit (FTB 3804-CR) – Available January 2022 For more information on PTE, visit our website and review Pass-through entity ...Prepare the 3893 Pass-Through Entity Elective Tax Payment Voucher. Form 3893 (2021) automatically activates when Form 3804 is present. The amount on FTB 3893 Amount of payment carries to Form 100S, page 2, line 35 as paid against taxes due. Override Form 100S, page 2, line 35. Go to California > Other Information worksheetSpecific Instructions. If completing Form 592-F by hand, enter all information requested using black or blue ink. If all the partners and members are foreign, check box "All members and partners foreign" at the top of this form. Enter the total number of foreign partners or members included on the Schedule of Payees.Download or print the 2022 California Form 540 Booklet (Personal Income Tax Booklet - Forms & Instructions) for FREE from the California Franchise Tax Board.FTB Voucher Separate Payment Required; Personal Income Tax (PIT) Payments: 4/18/2023: 10/16/2023: 3582: N* ... 3893: Y 2023 Tax Year Payments Due Between February 21, 2023, and August 15, 2023. Payment Type Original Due Date Disaster Extension Due Date FTB Voucher Separate Payment Required ...Under this proposal, the FTB would abate a timeliness penalty upon a taxpayer's request if: 1. The taxpayer has not previously been required to file a California return, or has not previously been granted penalty abatement in the calendar year of the request or in the prior four tax years; 2. The taxpayer has filed all returns as of the date ...Tax News is a monthly online publication to inform tax professionals, taxpayers, and business owners about state income tax laws, Franchise Tax Board (FTB) regulations, policies and procedures, and events that may impact or provide valuable information for the tax professional community. We also periodically release Tax News Flashes to quickly ...Printing the FTB Form 3893 (2022) is automatic with the Accountant, Government, and Client copies along side TY 2021 FTB Form 3893. FTB Form 3893 (2022) can be prepared without preparing FTB Form 3804: Go to California > Payments worksheet. Expand Section 1 - Tax Payments. In Line 7 - Form 3893 Payment 1 amount due - override, input applicable ...Devereaux, Kuhner & Co. LLP 50 California Street Suite 800 San Francisco, CA 94111 (415) 692-3900 — Main Phone (415) 692-3899 — FacsimileForm 568 is the Return of Income that many limited liability companies (LLC) are required to file in the state of California. LLCs classified as a disregarded entity or partnership are required to file Form 568 along with Form 352 2 with the Franchise Tax Board of California. If your LLC was formed this year and you haven't paid the $800 …Form FTB 3893, Pass-Through Entity Elective Tax Payment Voucher; Form FTB 3804, Pass-Through Entity Elective Tax Calculation; Form FTB 3804-CR, Pass-Through Entity Elective Tax Credit; NOL Carrybacks. For taxable years beginning on or after January 1, 2019, NOL carrybacks are not allowed.1 FTB 3893 (NEW 2021)62312132021 Instructions for Form FTB 3893 Pass-Through Entity Elective Tax Payment Voucher What's NewElective Tax for Pass-through Entities (PTE) and Credit for Owners For taxable years beginning on or after January 1, 2021, and before January 1, 2026, California law allows entities taxed as a partnership or an S corporation to annually elect to pay an elective tax at a ...Forms and Publications Search | California Franchise Tax Board. Tax Year. Taxpayer Type. Or. Form Number and/or Keywords. Return to Forms and Publications.form 3522 form 3537 form 3536 vs 3522 form 3536 instructions 2022 ca form 3536 fee schedule ftb 568 2021 form 3536 ftb 3893. Related forms. Work search activity log examples massachusetts. Learn more. Work search activity log examples massachusetts. ... You use Form FTB 3522, LLC Tax Voucher to pay the annual limited liability company (LLC) tax ...The 2021 Form 3893, Pass-Through Entity Elective Tax Payment Voucher will be revised first. We anticipate the revised Form 3893 will be available March 7, 2022. A list of items being revised due to SB 113 is available on our Forms and publications page at ftb.ca.gov. If you bookmark this page, please be sure to refresh, often done by pressing ... For more information, go to ftb.ca.gov and search for pte elective tax and get the following new PTE elective tax forms and instructions: Form FTB 3893, Pass-Through Entity Elective Tax Payment Voucher; Form FTB 3804, Pass-Through Entity Elective Tax Calculation;Franchise Tax Board (FTB) Our mission is to help taxpayers file tax returns timely, accurately, and pay the correct amount to fund services important to Californians. Website Contact. General Information: 800-852-5711. Hearing Impaired: 800-822-6268. Phone Hours of Availability: Weekdays 7 AM to 5 PM.The parent or key corporation should file form FTB 3593 for the members in the combined reporting group. C. When to File. File form FTB 3593 after the start of the taxable year of the expected NOL but before the tax of the preceding taxable year is required to be paid. Period of extension - In general, the extension for paying the tax expires ...Instructions for form FTB 3893, Pass-Through Entity Elective Tax Payment Voucher: 03/16/2023: PDF. Instructions, Page 1, Column 2, When and Where to File section, Payment 2 paragraph. Added language. Added language to clarify on how to make PTE elective tax payments. 2022: Form FTB 3514, California Earned Income Tax Credit 540, Personal Income ...To generate a 2022 Form 3893 voucher: Press F6 to bring up Open Forms. Select Form 3893 NTY, and press OK. Click Check the box to activate this form. Enter the Amount of Payment due. Starting with tax year 2022, a partner or shareholder may be able to claim an Other State Tax Credit for their pro rata share of PTE tax paid to another state ...Tax News is a monthly online publication to inform tax professionals, taxpayers, and business owners about state income tax laws, Franchise Tax Board (FTB) regulations, policies and procedures, and events that may impact or provide valuable information for the tax professional community. We also periodically release Tax News Flashes to quickly ...Specific Instructions. If completing Form 592-F by hand, enter all information requested using black or blue ink. If all the partners and members are foreign, check box "All members and partners foreign" at the top of this form. Enter the total number of foreign partners or members included on the Schedule of Payees.Qualified Entities must use Pass-Through Entity Elective Tax Payment Voucher (FTB 3893) to remit the tax to the FTB. Credit to Qualified Owner. Each Qualified Owner is allowed a credit against the Qualified Owner’s California income tax liability for the Elective Tax paid by the Qualified Entity on the Qualified Owner’s allocable share of ...Below is an excerpt from the FTB, I suspect that's possible. But I would wait until AB 150 has become law and the FTB comes up with the form. ... Form FTB 3893, Pass-Through Entity Elective Tax Payment Voucher; Form FTB 3804, Pass-Through Entity Elective Tax Calculation; Form FTB 3804-CR, Pass-Through Entity Elective Tax Credit ...3671223 Form 568 2022 Side 1 Limited Liability Company Return of Income I (1) During this taxable year, did another person or legal entity acquire control or majority ownership (more than a 50% interest) of this LLC or any legal entity in which the LLC holds a controlling or majority interest that owned California real propertyFTB 3893 Instructions 2021 (REV 10-22) Page 1 2022 Instructions for Form FTB 3893 Pass-Through Entity Elective Tax Payment Voucher General Information Elective Tax for Pass-Through Entities (PTE) and Credit for Owners - For taxable years beginning on or after January 1, 2021, and beforeftb payment voucher 2022 ftb 3893 california payment voucher paper file form 100s franchise tax board can ca amended returns be e filed ftb form 3586, ... Apr 18, 2022 If there is a balance due on the corporations or exempt organizations 2021 tax return, mail form FTB 3586 with the payment to the address. Learn more. Connecticut Resident Income ...If employers disagree with FTB’s notices, they may: • Contact the CalSavers Retirement Savings Board at: ο CalSavers Employers ο [email protected] ο 877-258-8495 (M-F, 8 AM to 8 PM) • Contact FTB ο Weekdays, 8 AM to 5 PM ο 866-563-2375 ο 916-845-7892 (outside the U.S.) • Appeal penalties.The S corporation uses Schedule K-1 (100S) to report the shareholder's share of the S corporation's income, deductions, credits, etc. Information from the Schedule K-1 (100S) is used to complete your California tax return. Keep a copy of Schedule K-1 for your records. However, do not file the schedule with your California tax return.Below is an excerpt from the FTB, I suspect that's possible. But I would wait until AB 150 has become law and the FTB comes up with the form. ... Form FTB 3893, Pass-Through Entity Elective Tax Payment Voucher; Form FTB 3804, Pass-Through Entity Elective Tax Calculation; Form FTB 3804-CR, Pass-Through Entity Elective Tax Credit ...Make estimated tax payment by sending payment with FTB 3893. Pay online by visiting THIS PAGE: Visit THIS PAGE to make an online payment through the NJ website. TBD: What are the action steps for 2022? Make quarterly estimated tax payments based upon 90% of 2022 income or 100% of 2021 income. Payments are due 3/15, 6/15, 9/15 and 12/15.Form FTB 3893, Pass-Through Entity Elective Tax Payment Voucher; ... Go to ftb.ca.gov and login or register for MyFTB or call 800-852-5711, and follow the recorded instructions to report a change of address. You may also use form FTB 3533, Change of Address for Individuals.3671223 Form 568 2022 Side 1 Limited Liability Company Return of Income I (1) During this taxable year, did another person or legal entity acquire control or majority ownership (more than a 50% interest) of this LLC or any legal entity in which the LLC holds a controlling or majority interest that owned California real propertypay form 3586 online ftb 3893 form 3582 form 100s franchise tax board ftb payment voucher 2022 california payment voucher paper file form 199 ca form 100 minimum franchise tax. Related forms. Cfs 508 1. Learn more. Cfs 508 1. Employing Facility Facility Provider ID Address Street and Number II. City Zip Code Person Employed Date of Birth Socia ...2 months. 18236: CA - Annual Registration Renewal Fee Report. 2 months. 13145: CA - EF Message 1011 - Invalid Tax ID on Form 3506 Part II. 4 months. 12143: 1040 - Splitting a Community Property Return. 4 months. 13729: Disaster Relief - Messages, Payments, Data Entry, and IRS Announcements. 4 months.Amount paid with form FTB 3537 and 2021 form FTB 3522 and form FTB 3536 ..... • 8. 00. 9. Amount paid with form FTB 3893 ..... • 9. 00. 10 ... 1 2021 Instructions for Form FTB 3536. Estimated Fee for LLCs General Information Instructions The Limited Liability Company (LLC) must estimate the fee it will owe for the Enter all the information requested using black or blue ink. To ensure the taxable year and must make an estimated fee payment by the 15th day of timely and proper application of the payment to the LLC's account, enter the ...Row 9 - Amount paid includes form FTB 3893. Line 11 - Withholding (Form 592-B and/or 593) If the LLC was withheld upon by another entity, the LLC can either allocate the voll withholding credit to all its members with receive a portion on line 11 (not to exceed that amounts tax and fee due) and distribute the remaining serve for get your ...However, if you are unable to make electronic payments through Web Pay, you can mail your payment. Please include a payment voucher, FTB 3893; make the check payable to Franchise Tax Board; and write the business name, tax year, and Entity ID on your payment. Mail to: Franchise Tax Board; PO Box 942857; Sacramento CA 94257-0531form 4868 ftb 3893 california tax extension deadline 2022 california tax extension form ca extension california tax extension 2022 ftb form 3520 form 3582. ... Use form FTB 3519, Payment for Automatic Extension for Individuals, only if both of the following apply: You cannot file your 2020 tax return by April 15, 2021. Individuals.FTB App. Download the FTB App to play the newest modpacks from FTB! Get the FTB APP · The Situation is DIRE. 9 days ago.e-Services | Access Your Account | California Franchise Tax BoardTo make the election, complete and attach form FTB 3803 to your Form 540 or Form 540NR and file your return by the du, 3893. For more information, get form FTB 3893. Do not. include those partners, shareholders, or members who have not co, Be sure the information you add to the Instructions , Complete a new Form 592-PTE with the correct taxable year. Enter all the withholding and payee information. Lea, FTB was recently made aware of an issue that affected some 2020 tax year return payments. The PTE elective tax payme, Enter the amount of payment with form FTB 3893. Line 37 - Use tax As explained under Genera, ftb.ca.gov/forms. and search for . 1131. To request this noti, Please include a payment voucher, FTB 3893 , make check payable to , Yes. 3893 will print in all copies. 6. FTB Notice 2022-01 d, ftb 3893 form 4868 california extension form 3519 california tax exte, 3661213 Form 565 2021 Side 1 TAXABLE YEAR 2021 Partnership Return , To pay by voucher, print the FTB 3893 Voucher from FTB's web, • Form FTB 3893, Pass-Through Entity Elective Tax Payment Voucher, Make estimated tax payment by sending payment with FTB 3893. Pay , The information on form FTB 3843 should match the informati, © CCH Incorporated and its affiliates. All rights reserved. ..., Find your answer online. We provide many self-servic, The regular tax liability is $246,000 ($2M x 12.3% tax rate) and.