Who must file California Exempt Organization Annual Information Return?
4.1k views |
Last modified 4/24/2024 7:54:01 AM EST |
In California, tax-exempt organizations must file an annual information return as per California State Statutes. This includes:
- Organizations granted tax-exempt status by the FTB (Franchise Tax Board)
- Nonexempt charitable trusts described in IRC Section 4947(a)(1)
There are different types of forms available, and the organizations must choose and file the applicable form.
| Form Type | Applicable to |
| FTB 199N |
Organizations with gross receipts of $50,000 or less |
| Form 199 |
Organizations with gross receipts > $50,000 and Private foundations |
| Form 109 | Organizations with Unrelated Business Income of $1000 or more |