4197: Information on Tax Expenditure Items (2025)
California · FTB · Used for tax years 2025
California Form 4197 reports tax expenditure items, including deductions, credits, exclusions, exemptions, and other items. It also reports deductions, credits, exclusions, and exemptions from pass-through entities and is attached to a California tax return.
What you'll need
Have the following information available to complete the 2025 form:
- Name(s) as shown on your California tax return.
- Applicable identifying numbers: SSN or ITIN, California corporation number, FEIN, or California Secretary of State file number.
- Codes and amounts for deductions, credits, exclusions, exemptions, and other items reported in Part I.
- PTE codes and amounts for deductions, credits, exclusions, and exemptions from pass-through entities reported in Part II.
How to file
Attach Form 4197 to California Form 540, 540NR, 100, 100S, 100W, 109, 541, 565, or 568, as applicable.
The form says to see the instructions. The supplied text does not provide a mailing address or e-filing directions.
Questions people ask
What tax year is this Form 4197 for?
This version is for taxable year 2025.
What information goes in Part I?
Part I has fields for codes, deductions claimed this year, credits generated this year, credits claimed or used this year, exclusions, exemptions, and other items.
Where do I report items from pass-through entities?
Part II covers deductions, credits, exclusions, and exemptions from pass-through entities (PTEs). It has separate columns for deductions and credits from a PTE and the amounts claimed or used this year.
Where can I find the privacy notice?
The form directs you to FTB 1131 EN-SP for the Privacy Notice.