DC Unincorporated Business Franchise Tax Guide
Learn about the DC unincorporated business franchise tax, who must file, filing requirements, exemptions, and key considerations for businesses operating in Washington, DC. Find out about tax rates, extensions, and penalties to ensure compliance. 5 min read updated on November 07, 2024
Key Takeaways:
- DC Franchise Tax Overview: The DC franchise tax is mandatory for businesses operating within DC with gross receipts of $12,000 or more, including S corporations, partnerships, and LLCs.
- Corporate Franchise Tax: Corporations with income from DC must file Form D-20, with tax based on gross receipts; thresholds are $250 for receipts up to $1 million and $1,000 for receipts over $1 million.
- Unincorporated Business Franchise Tax: Applies to unincorporated businesses with DC-sourced income over $12,000, using Form D-30. Similar tax thresholds apply.
- Exemptions for Certain Individuals: Sole proprietors and consultants whose income is primarily from personal services may be exempt if capital is not a major income source.
- Tax Filing Extensions: Extensions of six or seven months are available for corporate and unincorporated business franchise tax filings with Forms FR-120 and FR-130, respectively.
- Special Tax Rules: DC businesses are subject to market-based sourcing rules and single-sales factor apportionment, which can impact the franchise tax calculations.
DC Franchise Tax Overview
The DC franchise tax, also known as the DC unincorporated business franchise tax, is a tax imposed on some businesses operating in the District of Columbia that have gross receipts of $12,000 or more. This tax applies to partnerships, S corps, LLCs (limited liability companies), and some individuals, yet despite this broad coverage, if you are looking to start or operate a business in D.C., it is recommended that you consult a D.C. franchise tax attorney to evaluate your tax situation and available options, especially if you are a non-D.C. resident.
Who Must File the DC Unincorporated Business Franchise Tax?
The DC unincorporated business franchise tax targets certain unincorporated businesses operating within DC that earn over $12,000 in gross receipts. This includes sole proprietorships, partnerships, and joint ventures generating rental or other income within the district. Businesses primarily engaged in personal services, especially if capital is not a material income factor, may be exempt from this tax. If 80% of income derives from personal services to members of the business entity, individuals, particularly consultants and contractors, may be able to avoid the unincorporated franchise tax.
The Corporate Franchise Tax
Corporations that carry on or engage in a business or trade in D.C. or otherwise receive income from sources within D.C. must file Form D-20 with the D.C. Office of Tax and Revenue. The minimum payable tax is $250 if gross D.C. receipts are $1 million or less; $1,000 if they exceed $1 million. This tax must be filed within four months and 15 days of the end of the corporation’s tax year.
Understanding Market-Based Sourcing and Single-Sales Factor Apportionment
DC has implemented a single-sales factor apportionment for calculating franchise tax, where businesses apportion their income based solely on sales within the district. This approach can simplify tax calculations, especially for businesses that primarily serve clients outside of DC. In addition, DC uses a market-based sourcing rule, meaning that income from services is considered DC-sourced if the customer is located within the district. This rule is essential for companies providing digital services or consultancy to DC-based clients, impacting the overall franchise tax obligation.
Corporate Franchise Tax Extension
If you desire an extension to your corporate franchise tax, you may file for one for six months or seven months (if you file for Combined Reporting) through Form FR-120. To successfully make this application:
- Mail your completed FR-120 to the Office of Tax Revenue.
- Include any D-20 taxes owed.
- Include your FEIN and tax year with any payment.
- Include a DC Form QHTC-CERT if your business is considered a Qualified High Technology Company.
Payments greater than $5,000 for any period must be made electronically. If such funds will come from an account located outside the United States, such payment must be made by credit card or money order in U.S. dollars.
No extension time beyond the six- or seven-month extension will be granted unless the filer is not in the continental United States. If such is the case, an additional six-month extension may be granted. Extension requests must be made before the due date of the return.
Electronic Payment Requirements for DC Franchise Taxes
The Office of Tax Revenue in DC mandates electronic payments for tax obligations over $5,000. For non-US bank accounts, payments must be made via credit card or US dollar-denominated money orders. This requirement ensures efficient processing and timely payments, especially for businesses filing extensions. Non-electronic payment submissions over the threshold may be subject to penalties or delays in processing.
The Unincorporated Business Franchise Tax
The unincorporated business franchise tax (Form D-30) must be filed by any D.C. business that is unincorporated, which includes partnerships, sole proprietorships, and joint ventures, so long as such a business derives rental income or any other income from D.C. sources in excess of $12,000 per year. The minimum payable tax is $250 if gross D.C. receipts range between $12,000 and $1 million.
DC Unincorporated Business Franchise Tax Filing Requirements
Businesses filing under the DC unincorporated business franchise tax must use Form D-30 and include all income sourced from within DC. This applies to rental income and other earnings, particularly for real estate investment or rental income within the district. If income is distributed among multiple partners or members, each member’s share must be reported. Accurate and timely filing of Form D-30 ensures compliance and avoids penalties, especially for entities with complex income structures derived from both DC and non-DC sources.
Unincorporated Business Franchise Tax Extension
An extension to the unincorporated business franchise tax may be granted for six or seven months (if a Combined Reporting filer) if you fill out and submit Form FR-130 to the Office of Tax Revenue. To successfully make such a request:
- Make sure to file your request on time (before the tax is due).
- Pay the full amount of any taxes due on line 5 on the worksheet.
- Include your FR-130, SSN or FEIN, and tax year with your payment.
For each return you make, a separate extension request must be filed–blanket requests are not acceptable. An additional extension may be made for the same length and reasons as for the corporate franchise tax. Likewise, no additional extension may be had after the second extension. The same electronic payment rules also apply.
Penalties for Late Filing and Payment
Failure to file or pay the DC unincorporated business franchise tax on time can result in penalties and interest. Penalties are generally set at 5% of the tax due per month, up to a maximum of 25%. Interest accrues on unpaid taxes, so timely payment is crucial. Businesses are encouraged to file extensions if they anticipate delays, as approved extensions reduce late-filing penalties but do not waive the interest on unpaid taxes.
Other Franchise Tax Considerations
Depending on one’s individual or corporate situation, there may be other considerations to be made when dealing with the franchise tax. For corporations, they must remember that in D.C., they are subject to franchise-tax-based market resource rules and a single sales factor. This is a recent change that was made in order to broaden the tax base as the franchise tax rate is lowered in the D.C.
For individuals, specifically consultants who are self-employed, they must remember that they are exempt from the franchise tax if 80% of their gross income comes from personal services given to members of the entity in question and capital is not a material factor of income production. Because of this, many individuals who are self-employed may escape the franchise tax in the same way that they might if they were being paid wages.
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