What if the assignment form is filed without being signed? Can the assignment be perfected?
FTB 3544 will not require a separate signature. The signature on a taxpayer’s original return will be sufficient to bind an assignor to the assignment it makes on FTB 3544. In other words, by filling out and attaching FTB 3544 to the assignor’s signed original return, the assignor makes an irrevocable assignment of credit. If a key corporation files a single group return on behalf of several taxpayers, including the assignor, and attaches FTB 3544 to the original single group return, the key corporation’s signature on that single group return is sufficient to effect the credit assignment reported on the 3544. As a result, the assignor and assignee specified on that 3544 form will be jointly and severally liable for any and all tax resulting from an audit of the credit being assigned.
