100 Schedule H: 100 Schedule H, Dividend income Deduction (2025)
California · FTB · Used for tax years 2025
California Schedule H (100), Dividend Income Deduction, is attached to Form 100. It reports intercompany dividends that qualify for elimination and calculates the deduction for qualified dividends paid to a corporation by an insurance company.
Who files this form
California Schedule H (100) is attached to Form 100 to report:
- Elimination of intercompany dividends under R&TC Section 25106 in Part I.
- A deduction for dividends paid to a corporation by an insurance company under R&TC Section 24410 in Part II.
For Part II, ownership of the dividend payer must be at least 80%.
What you'll need
Have Form 100 and the information requested on Schedule H:
- Corporation name and California corporation number.
- Names of each dividend payer and dividend payee.
- For Part I: total dividends received, the amount qualifying for 100% elimination, and the qualifying amounts paid out of current-year and prior-year earnings and profits.
- For Part II: ownership percentage of the dividend payer, total insurance dividends received, and the qualified dividend percentage.
The form refers to instructions for the qualified dividend percentage. Those instructions were not provided here.
How to file
Attach Schedule H to Form 100. Attach additional sheets if necessary.
- Part I: Total each column on line 4. Enter the total from line 4, column (d), on Form 100, Side 2, line 10.
- Part II: Total column (g) on line 4. Enter that total on Form 100, Side 2, line 11.
The supplied form does not give a mailing address or e-file instructions.
Common mistakes
- Do not leave Schedule H separate from Form 100. The form says to attach it.
- Attach additional sheets if necessary.
- Do not overlook the Part II ownership requirement: ownership of the dividend payer must be at least 80%.
- For Part II's qualified dividend percentage, follow the form's reminder to see the instructions. No instructions were supplied here.
Questions people ask
What does Part I report?
Part I reports elimination of intercompany dividends under R&TC Section 25106. It separates total dividends received from the amount qualifying for 100% elimination.
Do I need to separate current-year and prior-year earnings and profits?
Yes. In Part I, column (e) reports the amount from column (d) paid out of current-year earnings and profits. Column (f) reports the amount paid out of prior-year earnings and profits.
How are deductible insurance dividends calculated in Part II?
Multiply total insurance dividends in column (d) by the qualified dividend percentage in column (e) to get column (f). Deductible dividends in column (g) are 85% of column (f). The form refers to instructions for the qualified dividend percentage, but those instructions were not supplied.
Where do the totals go on Form 100?
Enter Part I, line 4, column (d), on Form 100, Side 2, line 10. Enter the Part II, line 4 total from column (g) on Form 100, Side 2, line 11.