- 1 -
|
For official
W-1120 CITY OF WALKER 2021 use only
CORPORATION INCOME TAX RETURN
For fiscal year or other taxable period beginning / / 2021 and ending / /
IDENTIFICATION AND INFORMATION
Name of Corporation Federal Employer Identification Number
PLEASE Number and Street Where incorporated Date incorporated
TYPE Principal business activity
OR Address 2 Main address in Walker
PRINT
Location of Walker records
City, Town or Post Office State Zip Code Person in charge of records
Telephone number
A. Mark applicable boxes AMENDED RETURN SHORT PERIOD RETURN INITIAL WALKER RETURN FINAL WALKER RETURN
Is amended return based on a federal audit ? If yes, enter determination date
B. Name and Address of resident agent in Michigan
C. Is this a consolidated return? Yes No If yes, attached a statement listing the FEIN, name, address, type of entity and percentage of ownership of each included entity.
Was a consolidated return filed with the IRS Yes No
D. Number of Walker locations included in this return Number of locations everywhere
List addresses of Walker locations
E. During the period of this return, was your federal tax liability for any other tax year changed by an audit by the federal government or the filing of an amended federal return?
Yes No If yes, attach an explanation if an amended Walker return was not filed.
TAXABLE INCOME AND TAX COMPUTATION
1. Taxable income before net operating loss deduction and special deduction per U.S. Corporation Income Tax Return
Form 1120, 1120-A or for Subchapter S corporations, taxable income per Form W-1120, page 2, Schedule S.
Attach a copy of federal Form 1120, 1120-A or 1120S, Schedule K and all schedules filed with the IRS. 1 .00
2. Enter items not deductible under Walker Income Tax Ordinance (From page 2, Schedule C, column 1, line 6) 2 .00
3. Total (Add lines 1 and 2) 3 .00
4. Enter items not taxable under Walker Income Tax Ordinance (From page 2, Schedule C, column 2, line 13) 4 .00
5. Total (Line 3 less line 4) 5 .00
6. Allocation percentage from page 2, Schedule D, line 5 (If all business was conducted in Walker, enter 100% and do not fill in Sch. D) 6 %
7. Total allocated income (Multiply line 5 by percentage on line 6) 7 .00
8. Tool and Die Recovery Zone Deduction (Attach Schedule TD) 8 .00
9. Net income (Line 7 less line 8) 9 .00
10. Adjustments (From page 2, Schedule G, line 4) (NOL carryover, capital loss carryover and/or allocated partnership income) 10 .00
11. Total income subject to tax (Combine line 9 and line 10) 11 .00
12. CITY OF WALKER INCOME TAX (Multiply line 11 by 1.0%) 12 .00
TAX PAYMENTS
13. Tax payments and credits (From page 2, Schedule P, line 5) 13 .00
OVERPAYMENT OR BALANCE DUE
OVERPAYMENT 14. If payments (line 13) are larger than tax due (line 12), enter overpayment and complete lines 15 through 18 14 .00
CREDIT FORWARD 15. Overpayment from line 14 to be applied to 2022 estimated tax 15 .00
16. Overpayment donation a. Comstock Park Education Foundation 16a .00
DONATION All or any portion of b. Grandville Education Foundation 16b .00
overpayment may be
donated to any fund c. Kenowa Hills Education Foundation 16c .00
REFUND 17. Overpayment refund. For direct deposit mark Refund box on line 18 and complete line 18 a, b & c. 17 .00
ELECTRONIC 18. Mark one: Refund ‒ Direct Deposit Pay tax due--Electronic funds withdrawal
REFUND OR a. Routing number
PAYMENT DATA b. Account number c. Account type: Checking Savings
19. If the tax due (Line 12) is larger than tax payments (Line 13), enter balance due
BALANCE DUE Enclose check or money order payable to Treasurer, City of Walker.
To pay with an electronic funds withdrawal mark Pay tax due box on line 18 and complete line 18 a, b & c. 19 .00
DISCLOSURE 20. May the Income Tax Office discuss this return with the preparer shown below? (See Instructions) Yes No
I declare that I have examined this return (including accompanying schedules) and to the best of my knowledge and belief, it is true, correct and complete.
If prepared by a person other than the taxpayer, this declaration is based on all information of which the preparer has any knowledge.
( ) -
(Date) (Signature of Officer) (Title) (Phone number)
( ) -
(Date) (Individual or firm signature of preparer) (Address) (Phone number)
This return is due May 2, 2022 or the last day of the fourth month after the close of your tax year.
Mail to: Walker City Income Tax Department, PO Box 153, Grand Rapids, MI 49501-0153
|