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WET Membership Application NAME: ORGANIZATION/COMPANY: ADDRESS: CITY/STATE/ZIP: PHONE#: CELL#: EMAIL: WEB ADDRESS: PAYMENT OPTIONS: $120 (regular.) $25 (College Students & Senior Citizens) $10 (Elementary/Middle/School
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120 Regular is a tax form used by corporations in California to report their income and calculate their state tax liability.
Corporations that conduct business in California and earn income during the tax year are required to file Form 120 Regular.
To fill out Form 120 Regular, corporations must provide specific financial information, including gross income, deductions, and credits, and then calculate their tax due based on the instructions provided.
The purpose of Form 120 Regular is to ensure corporations accurately report their financial activity and calculate the taxes owed to the state of California.
Corporations must report their total income, allowable deductions, and credits, as well as the final taxable income on Form 120 Regular.
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