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Form 1120-X Huntington Beach California: What You Should Know
This form is also used by taxpayers who are not filing the return as their sole business. From the table in Item 19, “Taxes Paid to the City of Huntington Beach For 2011,” you should determine your tax liability based on the number of residents in your property, and whether you received a taxable rental income or any other form of tax reimbursement for your rental property. ▷ If the total amount of your taxable, non-taxable rental income for 2023 is less than or equal to: ▷ If the total amount of your taxable, non-taxable rental income for 2023 is more than 100,000: ▷ Item 19, “Taxes Paid to the City of Huntington Beach For 2011.” ▷ Your number of rental units, divided by 100,000 or (the sum of such amounts over the two-year period ending in 2011): ▷ Item 20, “Determining Business Tax Residual: 2.” To calculate tax under Item 19, “Taxes Paid to the City of Huntington Beach For 2011,” you should multiply the number of rental units in your property by the amount you are required to pay for property tax and interest for each rental unit. You can file Forms 1120-X and 1120-C with the Tax Commissioner's office for each of your rental properties. For more information, call or visit the website at, or call, or you may contact the office to file for a paper form, which is available in person at the Tax Commission. You can also call to file for a paper form. ▷ Amended U.S.C. 1.1-1 et seq.
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