Get It 20s

This guide will provide you with a comprehensive overview of how to fill out the IT-20S form online, ensuring that you understand each step and section required for accurate completion. Follow these instructions to simplify the filing process for the Indiana S Corporation Income Tax Return.

Follow the steps to complete the IT-20S form online effectively.

1. Click ‘Get Form’ button to obtain the IT-20S form and open it in your chosen editor.
2. Enter the corporation's name and federal identification number in the designated fields.
3. Complete the address section with the number and street, city, state, and ZIP code.
4. Indicate the date of incorporation by filling in the respective fields.
5. Check the applicable boxes for initial, final, composite return, or amended returns.
6. Fill in the date of election as an S corporation, if applicable.
7. Provide the total number of shareholders and the number of nonresident shareholders.
8. Select the accounting method used — cash, accrual, or other.
9. Complete Schedule A by providing the total net income and adjusting for state modifications as required.
10. Continue to Schedule B to report any excessive net passive income and built-in gains as applicable.
11. Review the summary of calculations and ensure all tax totals are computed correctly.
12. Complete the certification of signatures and authorization section, obtaining necessary signatures.
13. Save your changes, and once completed, download, print, or share the form as needed.

Start filling out your IT-20S form online today to ensure timely and accurate submission.