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TAXABLE YEAR2015California Exempt Organization Annual Information ReturnFORM199Calendar Year 2015 or fiscal year beginning (mm/dd/YYY) 09/01/2015, and ending (mm/dd/YYY) 08/31/2016. Corporation/Organization
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Calendar year is a one-year period that begins on January 1 and ends on December 31. Fiscal year is a one-year period that a business or organization uses for accounting and budgeting purposes, which may start on a date other than January 1.
Businesses, organizations, and individuals may be required to file taxes using a calendar year or fiscal year, depending on their specific circumstances and accounting methods.
To fill out taxes using a calendar year or fiscal year, you must gather all financial records for the designated time period and report income, expenses, deductions, and credits on the appropriate tax forms.
The purpose of using a calendar year or fiscal year is to establish a consistent time period for financial reporting, budgeting, and tax compliance.
Income, expenses, deductions, credits, and other relevant financial information must be reported on tax forms for the designated calendar year or fiscal year.
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