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State of California Franchise Tax Board

Changes to 2009 Forms

Updates to the Form 3527 on 01/12/2010—New Jobs Credit

We added two worksheets to the instructions.

Previous Version

We determined that the original form instructions did not provide enough information to compute the annual full-time employee equivalents.

Revised Version

We added two new worksheets to the instructions to assist taxpayers in computing the annual full-time employee equivalents for 2008 and 2009.

Reason for the changes

Added worksheets to help taxpayers compute the qualified annual full-time employee equivalents for the current taxable year and prior taxable year to be used in the computation of net increase in qualified full-time employees.

Impact

There is no tax impact.

Back to Tax Form Changes for 2009

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