Get 2004 It-20s - Formsend

The 2004 IT-20S - FormSend is an essential document for Indiana S corporations to report their income tax. This guide provides a step-by-step approach to help users accurately complete the form online, ensuring compliance and clarity throughout the process.

Follow the steps to successfully complete the 2004 IT-20S - FormSend online.

1. Use the ‘Get Form’ button to access the 2004 IT-20S - FormSend. This allows you to open the document in your preferred online editor.
2. Begin by entering your Federal Identification Number in the respective field of the form. This number is essential for identification purposes.
3. Next, provide the Principal Business Activity Code. This code helps define the primary business activity of your corporation.
4. Fill in the Name of the Corporation and include the Number and Street of the corporate address, as well as the City, State, and Zip Code.
5. Indicate if the corporation has gone into bankruptcy or if this is the initial, final, or composite return by checking the appropriate boxes.
6. Input the Indiana Taxpayer Identification Number and the number of non-Indiana resident shareholders in the designated fields.
7. State whether an extension of time to file is attached and if the corporation filed as a C corporation during the prior tax period.
8. Provide information regarding the date of incorporation and the state of commercial domicile.
9. Select the accounting method used by the corporation, either cash, accrual, or other, and indicate the date of election as an S corporation.
10. Proceed to Schedule A and input the total net income or loss from the U.S. S corporation return. Include the necessary deductions and add-backs as specified.
11. Continue filling out Schedule B, which involves entering details regarding excess net passive income and built-in gains.
12. Complete the summary of calculations section, ensuring all lines are filled out accurately, including any tax due or overpayment.
13. In the Certification section, provide the signatures and authorizations required. Ensure that the corporate officer's name and contact details are entered.
14. Lastly, review the completed form, ensuring all information is correct, and save your changes. You can then download, print, or share the form as needed.

Start completing the 2004 IT-20S - FormSend online to ensure your Indiana S corporation's tax responsibilities are met.