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TAXABLE YEAR2016California Exempt Organization Annual Information ReturnFORM199Calendar Year 2016 or fiscal year beginning (mm/dd/YYY)07/01/2016, and ending (mm/dd/YYY)06/30/2017Corporation/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 can begin on any date but must end on the same date every year.
Businesses, organizations, and individuals may be required to file taxes using either a calendar year or a fiscal year, depending on their accounting methods.
To fill out taxes for a calendar year or fiscal year, individuals and businesses must gather all income and expense information for the specified period and report it on the appropriate tax forms.
The purpose of using a calendar year or fiscal year for taxes is to establish a consistent period for reporting income and expenses to the government.
Income, expenses, deductions, credits, and any other relevant financial information must be reported on tax forms for a calendar year or fiscal year.
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