This document contains official instructions for Form FTB3580 , Application and Election to Amortize Certified Pollution Control Facility - a form released and collected by the California Franchise Tax Board.
Q: What is Form FTB3580?
A: Form FTB3580 is a form used in California to apply for and elect to amortize certified pollution control facilities.
Q: What is a certified pollution control facility?
A: A certified pollution control facility is a facility that is used to control, prevent, or reduce air or water pollution.
Q: Why would I want to amortize a certified pollution control facility?
A: Amortizing a certified pollution control facility allows you to deduct a portion of the costs of acquiring or constructing the facility over a period of time.
Q: How do I apply for and elect to amortize a certified pollution control facility?
A: You can apply for and elect to amortize a certified pollution control facility by completing and filing Form FTB3580 with the California Franchise Tax Board.
Q: What information do I need to provide on Form FTB3580?
A: You will need to provide information about the certified pollution control facility, the costs of acquiring or constructing the facility, and the amortization period you are electing.
Q: Is there a deadline for filing Form FTB3580?
A: Yes, Form FTB3580 must be filed on or before the due date (including extensions) for filing your California income tax return for the year in which the amortization period begins.
Q: Are there any limitations or restrictions on the amortization of certified pollution control facilities?
A: Yes, there are certain limitations and restrictions on the amortization of certified pollution control facilities. You should refer to the instructions for Form FTB3580 for more information.
Q: Can I file Form FTB3580 electronically?
A: Yes, you can file Form FTB3580 electronically using the California Franchise Tax Board's e-file system.
Q: Is there a fee for filing Form FTB3580?
A: No, there is no fee for filing Form FTB3580.
Instruction Details:
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