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STEEP AND SHROUD
NEWSLETTER
NO 540APRIL 2016NURSERY AND PRE SCHOOL Trimester nearly forty years ago, Edna
Dodd and Janet Godchild started a
nursery school in Edna's dining
room. This venture soon
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Form 540 is the California resident income tax return.
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Individuals who are residents of California and meet certain income thresholds are required to file Form 540.
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The purpose of Form 540 is to report California resident's income, deductions, credits, and determine the amount of tax owed or refund due.
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Taxpayers must report their income, deductions, credits, and any other relevant financial information on Form 540.
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