Iowa Department of Revenue
IA 1120X
Iowa Amended Corporation Income Tax Return
From _____ / ______/ ______ to ______ / ______ / _____
Office Use Only
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Postmark
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Do not attach multiple years together.
Do not use for loss carrybacks.
Corporation Name and Address
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Filing Status
Reason for Amendment
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Federal Audit
Type of Return
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Federal 1120X
FEIN:
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Protective Claim
Phone No.: (
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Contact Person:
Other
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Check this box if Name, Address or FEIN has changed
(c) Corrected
Computation of Changes: Use Whole Dollars
a) As last reported
(b) Net Change
amount
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1
Federal Net Income
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2
50% Federal Tax Refund
Accrual basis
Cash basis
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2
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3
Other Additions to Income from IA 1120
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4
Total Additions. Add lines 1 through 3.
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5
50% Federal Tax Accrued or Paid
Accrual basis
Cash basis
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6
Other Reductions to Income from IA 1120
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6
7
Total Reductions. Add lines 5 and 6.
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8
Net Income. Subtract line 7 from line 4.
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9
Nonbusiness Income
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10
Income Subject to Apportionment. Subtract line 9 from line 8.
10
11a
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11a
Iowa Receipts
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11b
Receipts Everywhere
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12
Percentage. Divide line 11a by line 11b.
%
%
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Income Apportioned to Iowa. Multiply line 10 by line 12.
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14
Iowa Nonbusiness Income
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15
Income Before Net Operating Loss. Add lines 13 and 14.
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Net Operating Loss
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Income Subject to Tax. Subtract line 16 from line 15.
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Computed Tax
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18
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19
Minimum Tax. Include IA 4626.
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Total Tax. Add lines 18 and 19.
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20
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21
Credits (only credits, does not include estimates from last period)
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Payments. See instructions.
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22
23a
23a
Total Credits and Payments. Add lines 21 and 22.
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23b
Tax Amounts Previously Refunded and/or Credited to Next Period
23b
24
Net Amount. Subtract line 23a from line 20 and add line 23b.
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25
If line 24 is greater than $0.00, enter Tax Due on line 25.
25
26a
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26a
IA 2220 Penalty. See instructions.
26b
Late Penalty
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26b
27
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27
Interest
28
Total Amount Due. Add lines 25 through 27.
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28
Make checks payable to TREASURER, STATE OF IOWA.
When you pay by check, you authorize the Department of Revenue to convert your check to a one-time electronic banking transaction.
29
If line 24 is less than $0.00, enter Overpayment on line 29.
29
Credit Carryforward to Next Period’s Estimated Tax
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(Change must be requested by the last day of the subsequent tax period.)
31
Refund Requested on Amended Return. Subtract line 30 from line 29.
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31
Under penalties of perjury, I declare that I have examined this return, and included schedules/statements, and, to the best of my
knowledge, believe it to be true, correct and complete. If prepared by a person other than the taxpayer, the declaration is based on all
information of which there is any knowledge.
Office Signature:
Title:
Date:
Preparer’s ID No.:
Preparer Signature:
Date:
42-024a (10/13/14)