redles
Level 1

First I have seen this.  Did CA make an adjustment to the minimum Corp tax if the income was lower than the 1.5%?

So I have searched the FTB website, as well as the internet.  I have a return that only earned 890- for the 2020 tax year.  Instead of calculating the min. fee of 800-, it is calculating the 1.5% of 890-, $13- tax. Is this for real?  Anyone have an article on this?

Thanx!

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