Article: 50283

Overview

California Form 3820 is designated for licensed commercial cannabis businesses that meet the eligibility requirements of the High-Road Cannabis Tax Credit (HRCTC) program.

The credit is equal to 25% of qualified expenditures, subject to a maximum of $250,000 per taxable year, and any unused credit may be carried forward for up to eight years.

Add Form 3820

To add the Form 3820:

1. Go to the State taxes section.
2. Select I’d like to see the forms I’ve filled out or search for a form.
3. In the drop list, select California.
4. Select the Credits tab.
5. Select 3820 – High-Road Cannabis Credit to add and open the form.
6. Complete the form with your applicable information.
7. Click Save to apply changes.

To Add Form 3820 Worksheet

1. Go to the State taxes section.
2. Select I’d like to see the forms I’ve filled out or search for a form.
3. In the drop list, select California.
4. Select the General tab.
5. Select CA – 3820 – High-Road Cannabis Tax Credit Worksheet to add and open the form.
6. Complete the form with your applicable information.
7. Click Save to apply changes.