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Form FIT-20 Department of Revenue 2022
State Form 44623 Indiana Financial Institution Tax Return
(R21 / 8-22)
Calendar Year Ending December 31, 2022 or
Fiscal Year Beginning 2022and Ending
Check box if amended. Check box if amendment is due to a federal audit. Check box if name changed.
Name of Corporation Federal Employer Identification Number
Number and Street Principal Business Activity Code Foreign Country 2-Character Code
City State ZIP Code 2-Digit County Code Telephone Number
Check box if this is a state chartered credit union or an investment company registered under the Investment Company Act of
1940. (Also see instructions for line 19 and FIT-20 Schedule E-U)
L. Date of incorporation in the state of S. Check all boxes that apply: Initial Return
M. State of Commercial Domicile Final Return In Bankruptcy REMIC
N. Year of initial Indiana return
O. Location of accounting records if different from above T. Is this return filed on a combined basis? If yes, complete
address: Schedule H ............................................. Y N
P. Accounting method: Cash Accrual
Q. Did the corporation make estimated tax payments using a U. Is this a separate return by a member of a unitary group?
different Federal Employer Identification Number? Y N (See instructions on page 5)................... Y N
List any other Federal Employer Identification Numbers on
ScheduleV. Do you have on file a valid extension of time to file your return H.
(federal Form 7004 or an electronic extension of time)?
R. Is 80% or more of your gross income derived from making, Y N
acquiring, selling, or servicing loans or extensions of
credit? Y N If you answer no, do not file W. Are you a member of a partnership? .......Y N
thisIf return;youfileanswerFormyes,IT-20.see instruction page 5.
Schedule A Round all entries
Income:
1. Federal taxable income (before NOL and special federal deduction); use minus sign for negative amounts .... 1 00
2. Qualifying dividend deduction ........................................................................................................................... 2 00
3. Subtotal (subtract line 2 from line 1) .................................................................................................................. 3
00
Add back: Enter an amount equal to the deduction taken for:
4. Bad debts (IRC Sec. 166) (see instructions) ...................................................................................................... 4 00
5. Bad debt reserves for banks (IRC Sec. 585) ...................................................................................................... 5 00
6. Bad debt reserves (IRC Sec. 593) ..................................................................................................................... 6 00
7. Charitable contributions (IRC Sec. 170) ............................................................................................................. 7
8. All state and local income taxes ......................................................................................................................... 8 00
00
9. Net capital loss carryovers to the extent used in offsetting capital gains on federal Schedule D
(IRC Sec. 1212) .................................................................................................................................................. 9 00
10. Amount of interest excluded for state and local obligations (IRC Sec. 103) minus the associated expenses
(IRC Sec. 265) .................................................................................................................................................... 10 00
Other modifications to income (see instructions):
11A. Excess business interest deduction, add or subtract net amount ..................................................................... 11A 00
11B. Net bonus depreciation, add or subtract net amount ......................................................................................... 11B
11C. Excess IRC Section 179 deduction, add or subtract ........................................................................................ 11C 00
If line 11A, 11B, or 11C are negative, use a minus sign. 00
11D. Qualified patents income deduction (use a minus sign for negative amounts) ................................................. 11D 00
12A. Enter name of addback or deduction _____________________________________ Code No. __ __ __ 12A
12B. Enter name of addback or deduction _____________________________________ Code No. __ __ __ 12B 00
00
12C. Enter name of addback or deduction _____________________________________ Code No. __ __ __ 12C
12D. Enter name of addback or deduction _____________________________________ Code No. __ __ __ 12D 00
13. Total addbacks (add lines 4 through 12D) .......................................................................................................... 13 00
14. Subtotal (add line 3 and line 13) ......................................................................................................................... 14 00
00
Deductions:
15. Subtract income that is derived from sources outside the U.S. and included in federal taxable income ........... 15 00
16. Subtract an amount equal to a debt or portion of a debt that becomes worthless - net of all recoveries
(IRC Sec. 166) .................................................................................................................................................... 16 00
17. Subtract an amount equal to any bad debt reserves that are included in federal income because of
accounting method changes (IRC Sec. 585(c)(3)(a) or Sec. 593) ..................................................................... 17 00
18. Total Deductions (add lines 15 through 17) ........................................................................................................ 18 00
19. Total Income Prior to Apportionment (subtract line 18 from line 14).................................................................. 19
00
*24100000000*
24100000000
