CA – California Form 3821 – Cannabis Equity Tax Credit

Table Of Contents


Article: 50271

Overview

Form 3821 is used to calculate and report the Cannabis Equity for eligible taxpayers. It also enables pass-through entities (PTEs) to allocate the credit to their owners, partners, members, or beneficiaries.

Who Should File:

  • Individuals claiming the credit
  • Shareholders, partners, LLC members, or beneficiaries receiving a pass-through credit
  • PTEs filing S corporation, , or fiduciary returns and issuing Schedule K-1s

Add Form 3821

To add the Form 3821:

  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 3821 – Cannabis Equity Tax Credit to add and open the form.
  6. Complete the form with your applicable information.
  7. Click Save to apply changes.
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