Indiana COR Change Log from 2022 to 2023 
 
 IT‐20NOL            • Update line 3 to "Add any required federal NOL modifications under IRC s. 172 or s. 512" 
                     • Update line 5 to "Subtract any Indiana modification added back both on line 1 and line 3." 
                     • For line 10, second sentence, change to "If you have a separately stated net operating loss 
                       under IC 6‐3‐1‐40, see instructions..." 
                     • Update line 10 to "Add lines 8 and 9. If negative, this is an Indiana NOL deduction 
                       available.  If you have a separately stated net operating loss, see instructions." 
                       Update to "Column A. NOL Deduction Used or Reduced" 
 Schedule IT‐2220    • Line 2 parenthetical add ", see instructions." 
                     • Date header: "or Other" should be deleted and replaced with "For". 

 Schedule 8‐D        • Page 2: Add verbiage before Corporation: "The utility receipts tax was repealed effective 
                       July 1, 2022.  However, this form may be used to file or amend a consolidated utility 
                       receipts tax returns for tax years that include periods prior to that date." 

 IT‐20S              • Add a PTET Return checkbox to Line P 
                     • Update line 10: "Indiana net operating loss" (i.e., lower case) 
                     • Add new line 16 Total Pass Through Entity Tax from Schedule PTET 
                     • Renumber lines 17 through 26 and update line numbers 
                     • Delete line 26. Penalty: If failing to include all nonresident shareholders on composite 
                       return, enter $500 
                     • Lines 27 and 28: update line numbers 
 Schedule Composite  • Add "(leave blank if less than zero)" to Column G 
                     • Replace "Entity Name" with "Social Security or Federal Employer Identification Number" 
                       under Individual / Non‐Corporate Entity 
                     • Header above Columns D, E & F, update to "Composite Adjusted Gross, Pass Through Entity 
                       and County Income Tax" 
                     • In Column E, update to: "Pass Through Entity Tax (Enter total amount from Schedule PTET)" 
                     • In Column F, change to "Multiply C" 
                     • In Column G, update parenthetical to "(D ‐ E + F)" 
                     • Line 13: Add "Column E" 
                     • Line 14: Add "E" 
                     • Column D: Update rate to .0315 (.0305 for years ending in 2024) 
                     • Column F: Replace written instructions with “(see instructions)” 
 Schedule PTET (NEW) • New Schedule 

                                                                                                          Page 1 | 2 

  Schedule IN K‐1     • Relocate line 9 Payer's FEIN next to line 8. 
                      • Replace line 10 with "Pass Through Entity Tax" 
                      • Delete line 12 Indiana Adjusted Gross Income subject to county tax; renumber subsequent 
                        lines. 
                      • Part 3: add "(see instructions)" to lines 13a and 13b. 
                      • Part 3:  revise line 14 to "Total pro rata distributions.  Add all positive amounts on lines 1 
                        through 11.  See instructions for lines 12, 13a, 13b, and if you reported negative amounts 
                        on lines 1 through 11." 
                      • Part 4 line 8: replace text in parenthetical with "(see instructions)". 
                      • Part 4 line 9: replace instructions with "See instructions for reporting on Schedule PTET, 
                        Schedule Composite, and/or Schedule Composite‐COR." 
  IT‐65               • Renumber Line U to Line T 
                      • Add a PTET Return checkbox to Line O 
                      • Delete line R and renumber lines S and T 
                      • Line 6 updates: 
                        6b. Update to line 26E 
                        6c. Update to line 24D of completed Schedule PTET 
                        6d. Update to PTET 
                      • Delete line 17 Penalty: If failing to include all nonresident partners on composite return, 
                        enter $500 
                      • Renumber lines 18 and 19 and update line numbers 

  Schedule Composite‐ • Update "Corporate entity name" to "Corporate Federal Employer Identification Number" 
  COR                 • Add new Column D for Pass Through Entity Tax 
                      • Add new Column E for Total Tax 
                      • Line 24: Update to column E and 24E 
                      • Line 25: Update to 25E 
                      Line 26 Update to 24E + 25E and 26E 
  Schedule IN‐COMPA   • Correct 3rd reason check box from "is unrelated business income”, to “is not unrelated 
                        business income”. 
                      • Redesign to modernize 
  Schedule EZ 1,2,3   • Line 14: Remove "(or use 5% in MBEA)" 
                      • See instructions changes 

                      • Update line 1 Next tax due parenthetical to "lines 42, 43 and 44," 
  Schedule FIT‐2220 
  (Schedule H) 

  Form IT‐8879C         • Line 4: Update to "line 17" 
                        • Line 5: Update to "line 24" 
                        • Line6: Update to "line 17" 
                        • Line 7: Update to "line 18 
 
                                                                                                Page 2 | 2