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joshuabarksatlcs
Level 9
May 11, 2024

1. It's for 2023

2. Proseries 

3. Taxable income is $0


Perhaps a Proseries user could help by doing a dummy run of an initial year CA corp to see if the $800 pops up.  If so, software problem.  If NOT, there may be an override field (like for Lacerte) and you had an entry there.

Another possibility: Check the incorporation date.  Perhaps a year before 2023 was entered and Proseries ignored the entry (check box??) for "initial year" and used the incorporation year as entered.  Lacerte goes by the check box and ignores the incorporation year. Just a thought. 

Computer software generally behaves predictably.  That said, the above is all I could think of. 

When all fails, override the tax with zero.  CA has indeed waived the $800 min tax for a corporation's initial year..   

I come here for kudos and IRonMaN's jokes.

8 replies

Just-Lisa-Now-
Intuit Community Champion
May 9, 2024

Did you mark it as an Initial Return?   First page of the 1120, Line E.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
ptax255Author
Level 6
May 10, 2024

Yes, it's marked as Initial on form 1120 and question J on schedule Q of the CA return

Just-Lisa-Now-
Intuit Community Champion
May 10, 2024

weird, I dont have any corporations, but the CA SMLLCs that I prepare I just mark that Initial Return box and it waives the first year 800 fee.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪