Instructions For Form 100-Fee-X - Amended Water'S-Edge Election Fee
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1Instructions for Form 100-FEE-X
Amended Water’s-Edge Election Fee
General Information
Replacement Property
Write ‘‘Form 100-FEE-X’’ and the California
corporation number on the check or money
If new investment in California, used in a prior
For corporations that are taxed under
order and mail with Form 100-FEE-X to:
year to reduce the election fee base, subse-
Chapter 3 of the Revenue and Taxation Code
quently becomes replacement property, do
FRANCHISE TAX BOARD
(i.e., corporations that are not doing business
not file Form 100-FEE-X. Refer to
PO BOX 942857
within California but derive income from
Form 100-FEE-A, Specific Line Instructions,
SACRAMENTO CA 94257-4091
sources within California), the term ‘‘income
line 24 - Investment Property Recalculation.
Note: If Form 100X is also being filed, attach
year,’’ as used in these instructions, means
a separate check for any additional tax due.
A When to File
taxable year.
Electronic Funds Transfer (EFT)
Use Form 100-FEE-X, Amended
Form 100-FEE-X may be filed only after the
Corporations that remit a bank or corporation
Water’s-Edge Election Fee to amend the
original Form 100-FEE is filed. Generally, a
estimated tax or extension payment in excess
Form 100-FEE, Water’s-Edge Election Fee for
claim for refund may be filed within four years
of $20,000 or that have a total tax liability in
any income year beginning prior to January 1,
from the original due date, or within one year
excess of $80,000 must pay through EFT.
1994. Form 100-FEE-X must be used as a
from the date the fee was paid, whichever
Corporations that meet the threshold must
cover form and attached to the front of the
is later. Original Form 100-FEE and
remit all payments, including water’s-edge
revised Form 100-FEE-A, Amended
Form 100-FEE-A filed before the due date are
payments, through EFT rather than by paper
Water’s-Edge Election Fee Supplemental
considered to be filed on the due date.
check. The FTB will notify corporations that
Schedule.
B Where to File
are subject to this requirement. Those that
First complete Form 100-FEE-A for the
wish to participate on a voluntary basis may
income year you wish to amend. Then clearly
Mail Form 100-FEE-X with a refund or an
do so. For more information, call the FTB’s
mark the word ‘‘REVISED’’ on the top of that
election fee due to the address listed to the
EFT Section at (916) 845-4025, or get FTB
form and attach it and any supporting sched-
right. When an election fee is due, attach a
Pub. 3817, Electronic Funds Transfer
ules to the Form 100-FEE-X. Form 100-FEE-X
separate check or money order payable to the
Program Information Guide.
must be attached to the face of the package.
Franchise Tax Board.
Corporations that file on a water’s-edge basis
C Explanation of Changes to
and wish to amend their tax return should get
Property, Payroll, Sales, etc.
Form 100X, Amended Corporation Franchise
or Income Tax Return.
A detailed explanation of changes to the elec-
tion fee must be shown in Part IV. Show line
number references and any needed computa-
tions. Attach additional sheets if necessary.
Side 2
Form 100-FEE-X 1998
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