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TAXABLE YEAR2016CALIFORNIA FORM3885Corporation Depreciation and AmortizationAttach to Form 100 or Form 100W.FORM 3885 Incorporation name California corporation numberLOT318 Election To Expense Certain

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What is form 3885 only?

Form 3885 only is used for reporting business deductions related to amortization of pollution control facilities.

Who is required to file form 3885 only?

Taxpayers who have expenses to report for amortization of pollution control facilities are required to file form 3885 only.

How to fill out form 3885 only?

Form 3885 only requires taxpayers to provide information about the expenses related to amortization of pollution control facilities, including the date the facility was placed in service, the cost of the facility, and the amortization deduction claimed.

What is the purpose of form 3885 only?

The purpose of form 3885 only is to allow taxpayers to claim deductions for the amortization of pollution control facilities, which helps incentivize businesses to invest in environmentally friendly practices.

What information must be reported on form 3885 only?

Taxpayers must report the date the pollution control facility was placed in service, the cost of the facility, and the amortization deduction claimed.

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