Delaware C Corporation

[YKubis]

Hello lovely community,

I have a client who established a C Corp in Delaware, and registered as a foreign entity in California (since they serve clients in CA). The business income in CA is about 4% of total corporation income, so how do I report this 4% income (and the related expenses) on the CA tax return?

Thanks

[abctax55 · Accepted solution]

Check out apportionment & Schedule R.

[YKubis]

Thanks