Get Cc-40 - Forms.in.gov

The CC-40 form is essential for computing credits for contributions made to eligible colleges and universities in Indiana. This guide provides a clear, step-by-step approach to completing the form online, ensuring you can accurately report your contributions alongside your income tax return.

Follow the steps to fill out the CC-40 form successfully.

1. Press the ‘Get Form’ button to access the form and open it in the online editor.
2. Enter the name(s) as shown on your Form IT-40/IT-40PNR/IT-41 in the designated field.
3. Input your Social Security number in the appropriate box.
4. Provide the name as shown on your IT-20/IT-20NP in the relevant section.
5. If applicable, include your Federal ID Number.
6. In Part I, list the eligible Indiana college or university in the first column along with the date of contribution in the format MM/DD/YYYY in the second column.
7. Enter the 4-digit code number corresponding to the institution in the following column.
8. Complete the amount of your contribution in the fourth column.
9. Select the type of return you are filing from the provided options: individual, corporate, or fiduciary.
10. In Part II, calculate the total contributions you made and insert the total in line 1.
11. In line 2, enter 50% of the total contributions reported in line 1.
12. Identify the limitation for your filing type (either $100 for single or fiduciary returns, or $200 for jointly filed returns) in line 3.
13. Determine the lesser value between line 2 and line 3 and enter that value in line 4.
14. In line 5, input your Indiana adjusted gross income tax from the appropriate line on the IT forms.
15. Proceed to Part III for corporations. Enter the total contributions and follow the computation steps for credit as outlined.
16. Finally, review all entries for accuracy. Save changes, download, print, or share the form as necessary.

Begin filling out your CC-40 form online today to ensure your contributions are accurately reported.