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Trying to prepare a final ***S for a client. There was only one sale in California in **** for about $*** but my software is calculated almost $*,*** of tax based on the federal income plus CA adjustment times the *.*% tax rate. The single sale was in April. The company no longer has activity in California. The assets were sold to another company in November of ****. Federal dissolution will be effective May of ****. The company prepaid the minimum $*** for ****. Is there something we can do to limit the tax to that minimum?
GetHuman2215113 did not yet indicate what California Franchise Tax Board should do to make this right.
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