This version of the form is not currently in use and is provided for reference only. Download this version of Form FTB3885 for the current year.
This is a legal form that was released by the California Franchise Tax Board - a government authority operating within California. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is form FTB3885?
A: Form FTB3885 is a California state tax form used by corporations to report depreciation and amortization expenses.
Q: Who needs to file form FTB3885?
A: Corporations that have depreciation and amortization expenses in California need to file form FTB3885.
Q: What is depreciation?
A: Depreciation is the reduction in value of an asset over time due to wear and tear or obsolescence.
Q: What is amortization?
A: Amortization is the gradual reduction of an intangible asset's value over time.
Q: What information is required on form FTB3885?
A: Form FTB3885 requires the corporation to provide details of its depreciation and amortization expenses, including the assets being depreciated or amortized, the method used, and the amounts involved.
Form Details:
Download a printable version of Form FTB3885 by clicking the link below or browse more documents and templates provided by the California Franchise Tax Board.