Enlarge image | 01 0000000000111111111122222222223333333333444444444455555555556666666666777777777788888 1234567890123456789012345678901234567890123456789012345678901234567890123456789012345 04 Form FIT-20 Department of Revenue 2022 05 State Form 44623 Indiana Financial Institution Tax Return (R21 / 8-22) 06 Calendar Year Ending December 31, 2022 or 07 Fiscal Year Beginning AA 2022 and EndingBB 08 A1 A2 B1 Check box if amended. Check box if amendment is due to a federal audit. Check box if name changed. 09 10 Name of Corporation Federal Employer Identification Number 11 B A 12 Number and Street Principal Business Activity Code Foreign Country 2-Character Code 13 C D E City 14 State ZIP Code 2-Digit County Code Telephone Number F G H I J 15 Check box if this is a state chartered credit union or an investment company registered under the Investment Company Act of 16 1940. (Also see instructions for line 19 and FIT-20 Schedule E-U) K 17 18 L. Date of incorporation 1 in the state of 2 S. Check all boxes that apply: Initial Return 1 19 M. State of Commercial Domicile Final Return 2 In Bankruptcy 3 REMIC 4 20 N. Year of initial Indiana return 21 O. Location of accounting records if different from above T. Is this return filed on a combined basis? If yes, complete 22 Y 1 N 2 address: Schedule H ............................................. P. Accounting method: Cash 1 Accrual 2 23 Q. Did the corporation make estimated tax payments using a U. Is this a separate return by a member of a unitary group? 24 different Federal Employer Identification Number? Y 1 N 2 (See instructions on page 5)................... Y 1 N 2 25 List any other Federal Employer Identification Numbers on 26 Schedule H. V. Do you have on file a valid extension of time to file your return (federal Form 7004 or an electronic extension of time)? 27 R. Is 80% or more of your gross income derived from making, Y 1 N 2 28 acquiring, selling, or servicing loans or extensions of 29 credit? Y 1 N 2 If you answer no, do not file W. Are you a member of a partnership? .......Y 1 N 2 30 this return; file Form IT-20. If you answer yes, see instruction page 5. 31 Schedule A Round all entries Income: 32 1. Federal taxable income (before NOL and special federal deduction); use minus sign for negative amounts .... 1 00 33 2. Qualifying dividend deduction ........................................................................................................................... 2 00 34 3. Subtotal (subtract line 2 from line 1) .................................................................................................................. 3 00 35 Add back: Enter an amount equal to the deduction taken for: 36 4. Bad debts (IRC Sec. 166) (see instructions) ...................................................................................................... 4 00 37 5. Bad debt reserves for banks (IRC Sec. 585) ...................................................................................................... 5 00 6. Bad debt reserves (IRC Sec. 593) ..................................................................................................................... 6 00 38 7. Charitable contributions (IRC Sec. 170) ............................................................................................................. 7 39 8. All state and local income taxes ......................................................................................................................... 8 00 00 40 9. Net capital loss carryovers to the extent used in offsetting capital gains on federal Schedule D 41 (IRC Sec. 1212) .................................................................................................................................................. 9 00 42 10. Amount of interest excluded for state and local obligations (IRC Sec. 103) minus the associated expenses (IRC Sec. 265) .................................................................................................................................................... 10 43 00 Other modifications to income (see instructions): 44 11A. Excess business interest deduction, add or subtract net amount ..................................................................... 11A 00 45 11B. Net bonus depreciation, add or subtract net amount ......................................................................................... 11B 46 11C. Excess IRC Section 179 deduction, add or subtract ........................................................................................ 11C 00 47 If line 11A, 11B, or 11C are negative, use a minus sign. 00 48 11D. Qualified patents income deduction (use a minus sign for negative amounts) ................................................. 11D 00 12A. Enter name of addback or deduction _____________________________________ Code No. __ __ __ 12A 49 12B. Enter name of addback or deduction _____________________________________ Code No. __ __ __ 12B 00 00 50 12C. Enter name of addback or deduction _____________________________________ Code No. __ __ __ 12C 51 12D. Enter name of addback or deduction _____________________________________ Code No. __ __ __ 12D 00 52 13. Total addbacks (add lines 4 through 12D) .......................................................................................................... 13 00 53 14. Subtotal (add line 3 and line 13) ......................................................................................................................... 14 00 00 54 Deductions: 15. Subtract income that is derived from sources outside the U.S. and included in federal taxable income ........... 15 00 55 16. Subtract an amount equal to a debt or portion of a debt that becomes worthless - net of all recoveries 56 (IRC Sec. 166) .................................................................................................................................................... 16 00 57 17. Subtract an amount equal to any bad debt reserves that are included in federal income because of 58 accounting method changes (IRC Sec. 585(c)(3)(a) or Sec. 593) ..................................................................... 17 00 59 18. Total Deductions (add lines 15 through 17) ........................................................................................................ 18 00 19. Total Income Prior to Apportionment (subtract line 18 from line 14).................................................................. 19 60 00 61 62 *24100000000* 63 24100000000 64 65 66 |
Enlarge image | 01 0000000000111111111122222222223333333333444444444455555555556666666666777777777788888 1234567890123456789012345678901234567890123456789012345678901234567890123456789012345 04 Form FIT-20 2022 Indiana Financial Institution Tax Return 05 Round all entries 06 20. Total Income Prior to Apportionment (amount from line 19) ................................................................................... 20 00 07 21. Apportionment Percentage (line 15 of Schedule E-U) ........................................................................................... 21 . % 08 22. Current Year Apportioned Adjusted Gross Income attributed to Indiana (multiply line 20 by line 21) ................. 22 09 23. Indiana Net Capital Loss Adjustment from attached worksheet. Line 23 may not exceed amount on line 22 ........... 23 00 00 24. Subtotal of line 22 minus line 23. Do not enter an amount less than zero ............................................................. 24 00 10 25. Indiana Net Operating Loss Deduction from Schedule FIT-20 NOL. Line 25 may not exceed amount on line 24 .... 25 00 11 26. Total Indiana Adjusted Gross Income subject to tax (subtract line 25 from line 24) ................................................ 26 00 12 27. Financial Institution Tax (multiply line 26 by tax rate; see instructions) ................................................................... 27 00 13 28. Less: Nonresident Taxpayer Credit (enclose Schedule FIT-NRTC) ............................................................... (816) 28 00 14 29. Net Financial Institution Tax Due (subtract line 28 from line 27) ............................................................................. 29 00 30. Sales/Use Tax Due (see instructions) ..................................................................................................................... 30 00 15 31. Subtotal Due (add lines 29 and 30) ......................................................................................................................... 31 00 16 Tax Liability Credits(enclose schedules): 17 32. Neighborhood Assistance Tax Credit (NC-20) ................................................................................................ (828) 32 00 18 33. Enterprise Zone Employment Expense Credit (EZ 2) ....................................................................................(812) 33 00 19 34 Enterprise Zone Loan Interest Tax Credit (LIC) .............................................................................................. (814) 34 20 35. Enter name of other credit________________ Code No. a _ _ _ 35b....................................................... ........ 35b 00 00 36. Enter name of other credit________________ Code No. a _ _ _ 36b................................................................ 36b 21 37. Enter the total of certified credits claimed from Schedule IN-OCC and enclose this schedule with your return..... 37 00 22 38. Total Credits (add lines 32 through 37) ................................................................................................................... 38 00 00 23 39. Net Tax Due (subtract line 38 from line 31) ............................................................................................................. 39 00 24 Estimated Tax and Other Payments: 25 40. Total estimated financial institution tax paid (itemize quarterly FT-QP payments below) 26 1._________ 2.__________ a 3.__________ 4.__________ .............................................................................. 40 00 b 27 41. Extension payment _______and prior year overpayment credit _______ Enter combined total ...................... 41 00 28 42. Other payments (enclose supporting documentation) ............................................................................................. 42 00 43. EDGE credit. Enter the total EDGE credit amount claimed (line 19 on Schedule IN-EDGE) .................................. 43 00 29 44. EDGE-R credit. Enter the total EDGE-R credit amount claimed (line 19 on Schedule IN-EDGE-R) ...................... 44 00 30 45. Total Payments (add lines 40 through 44) ............................................................................................................... 45 00 31 46. Balance of Tax Due (subtract line 45 from line 39. If line 45 exceeds line 39, enter -0-) ...................................... 46 00 32 47. Penalty for the Underpayment of Tax from Schedule FIT-2220 (Form page 4) ....................................................... 47 00 33 48. If payment is made after the original due date, add interest (see instructions) ....................................................... 48 00 49. Late penalty: If paying late, enter 10% of line 46. If line 31 is zero, enter $10 per day filed past due date............ 49 00 34 50. Total Due (add lines 46 through 49) Payable in U.S. funds to: Indiana Department of Revenue .......................... 50 00 35 51. Total Overpayment (subtract lines 39, 47, 48, and 49 from line 45) ........................................................................ 51 00 36 52. Refund (enter portion of line 51 to be refunded) .................................................. .................................................. 52 00 37 53. Overpayment Credit (amount of line 51 to be applied to next year's estimated tax account) ................................. 53 00 38 39 Certification of Signatures and Authorization Section 40 Under penalties of perjury, I declare I have examined this return, including all accompanying schedules and statements, and to the best of my knowledge and belief it is true, correct and complete. 41 I authorize the Department to discuss my return with my personal 42 representative (see instructions) Yes No1 2 CC Paid Preparer’s E-mail address 43 QQ FF 44 Personal Representative’s Name (Print or Type) Paid Preparer: Firm’s Name (or yours if self-employed) 45 46 RR PTIN 47 Personal Representative’s Email Address NN 48 49 Signature of Corporate Officer Date PP 50 LL MM Telephone Number 51 Print or Type Name of Corporate Officer Title 52 GG 53 Address 54 HH 55 Signature of Paid Preparer Date City 56 57 ZZ II JJ 58 Print or Type Name of Paid Preparer State ZIP Code + 4 59 60 Please mail your return to: Indiana Department of Revenue, PO Box 7228, Indianapolis, IN 46207-7228. 61 62 *24100000000* 63 24100000000 64 65 66 |