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State of California Franchise Tax Board

Changes to 2006 Form

2006 Update to FTB 3511

Revision Date: 04/27/2007

Revision Details: Amounts entered from the wrong line numbers due to added lines during annual update-changes made to form but not revised in typesetting; subsequent review did not note line number errors.

This error carries no tax impact for the 2006 tax year and requires no instructional changes. It appears highly unlikely working through each line instruction the taxpayer would enter the incorrect amounts. If the taxpayer puts the wrong carryover amount on line 12 the 2007 tax liability may increase or decrease. If the credit is increased the tax liability will decrease. If the credit is reduced the tax liability will increase.

  • Page 1, line 12

It should read:

12. Credit carryover available for future years. Subtract line 11 from line 10.

The revised internet version is available for download.

Back to Tax Form Changes for 2006

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