3554 Form Fillable New Employment Credit
(all forms fillable on Windows, Mac, Android tablets, and iPad using Adobe Reader XI)

Individual Estate Trust C Corporation S Corporation Partnership Exempt organization Limited liability company Limited liability partnershipB Enter the name of the entity operating in a Designated Geographical Area (DGA) Yes No If no see instructions Yes NoE Did the business receive a tentative reservation for all claimed employees? (Do not include any assigned credit claimed on form FTB 3544A ) 25a00This amount may be less than the amount on line 24 if your credit is limited by tentative minimum tax or 1Number of full time hourly and salaried employees that were employed for the entire taxable year 12Number of full time hourly employees that were employed for less than 52 weeks during the taxable year 23Total number of hours worked by employees in line 2 (not to exceed 2 000 hours per employee) 34Divide line 3 by 2000 See instructions 4 5Number of full time salaried employees that were employed for less than 52 weeks during the taxable year 56Total number of weeks worked by employees in line 5 67Divide line 6 by 52 See instructions 7 8Base year annual full time equivalents Add lines 1 4 and 7 See instructions 8 21Credit generated Multiply line 20 by line 19 210022Pass through new employment credit(s) from Schedule K 1 (100S 541 565 or 568) See instructions 220023Credit carryover from prior year 2324Total available new employment credit Add line 21 line 22 and line 23 240025a Enter the amount of credit claimed on your current tax return 8431143 9Number of full time hourly and salaried employees that were employed for the entire taxable year 910Number of full time hourly employees that were employed for less than 52 weeks during the taxable year 1011Total number of hours worked by employees in line 10 (not to exceed 2 000 hours per employee) 1112Divide line 11 by 2000 See instructions 12 13Number of full time salaried employees that were employed for less than 52 weeks during the taxable year 1314Total number of weeks worked by employees in line 13 1415Divide line 14 by 52 See instructions 15 16Current year annual full time equivalents Add lines 9 12 and 15 See instructions 16 Attach to your California tax return b Total credit assigned to other corporations within combined reporting group from form FTB 3544 column (g) 25b0026Credit carryover available for future years Add line 25a and line 25b subtract the result from line 24 2600 C Enter one address (actual location) of the business operating in the DGA CALIFORNIA FORM Complete Section A to calculate the total number of annual full time equivalents in California during the base year See Part I instructions for base year rules Complete Section B to calculate the total number of annual full time equivalents in California during the current taxable year D Does the business have at least one location in a pilot area? F Principal Business Activity Code of the business For Privacy Notice get FTB 1131 ENG/SP FTB 3554 (New 2014) Side 1 G Previous taxable year s gross receipts Name(s) as shown on your California tax return SSN or ITIN CA Corporation no FEINCalifornia Secretary of State (SOS) file numberA Check the appropriate box for your entity type New Employment Credit or less you do not qualify 17 18Total qualified full time employees See instructions 1819Applicable percentage Divide line 17 by line 18 (not to exceed 1 0000) 19 20Tentative credit See instructions 20 00 Part I Net Increase in Full Time EmployeesSection A Enter your base year 2013 Part II Credit Computation17Net increase in full time employees Subtract line 8 from line 16 If the amount on line 17 is zero Section B Taxable year 2014 TAXABLE YEAR your tax liability See Limitations Section G and line instructions