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California Form 3809 Targeted Tax Area Deduction and Credit Summary 2021

California 3801 2021-2025 Form

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Video instructions and help with filling out and completing California Form 3809 Targeted Tax Area Deduction And Credit Summary

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Instructions and help about form 3801

welcome everybody to a video about the passor enity tax credit I'm Stephan Morris with advisory and I'm here to give you the lowdown on what the pastor entity tax credit is all about let's begin with a discussion about why the pastor entity tax credit was passed in California back in 2017 the tax cuts and jobs Act was passed by the Trump Administration and the main feature of that besides the numerous other tax changes to the code was the itemized deductions in fact prior to 2018 you were able to deduct in high tax states like California New York all of your state income taxes as well as all of your property taxes and these deductions would amount to quite a significant amount of money considering that you know the top rate in California is 13.3% if you're making over a million dollars a year that can very quickly add up to hundreds of thousands of dollars and all of this was fully deductible under the code prior to 2018 in addition to that if you own a

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2017 CA FTB 3809 [2017] 2022
4.8 Satisfied (339 Votes)
2017 CA FTB 3809 [2017] 2021
4.8 Satisfied (518 Votes)
2017 CA FTB 3809 [2017] 2020
4.8 Satisfied (2076 Votes)
2017 CA FTB 3809 [2017] 2019
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2017 CA FTB 3809 [2017] 2017
4.8 Satisfied (140 Votes)

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