Form Fit-20 - Indiana Financial Institution Tax Return - State Of Indiana Page 4
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Form FIT-20
Indiana Department of Revenue
FIT-20 Schedule H
2006 Financial Institution Tax Return
State Form 4466 (R/ 8-06)
Other Corporations that made Estimated Payments
List below the federal identification number for any corporations that made estimated tax payments during the year, and are included
in this filing if it is for a unitary group. Attach additional sheets if necessary.
Column A
Column B
Column C
Name of Corporation
Federal Identification Number
Total Payments
FIT-20 Schedule SUT
Sales/Use Tax Worksheet
List all purchases made during 006 from out-of-state companies.
State Form 4467
Column A
Column B
Column C
(R/ 8-06)
Date of
Purchase Price
Description of tangible personal property purchased from out-of-state
Purchase(s)
of Property(ies)
Magazine subscriptions:
Mail order purchases:
Internet purchases:
Other purchases:
1. Total purchase price of property subject to the sales/use tax .......................................................
1
. Sales/use tax: Multiply line 1 by .06 (6%) ......................................................................................
3. Sales tax previously paid on the above items (up to 6% per item) plus other tax credits that
off-set use tax, attach explanation ..................................................................................................
3
4. Total amount due: Subtract line 3 from line . Carry to Form FIT-0, line 30. If the amount
is negative, enter zero and put no entry on line 30 of the FIT-0 ..................................................
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Schedule FIT-2220
Underpayment of Estimated Tax by Financial Institutions
State Form 4468 (R/ 8-06)
Calculate Minimum Quarterly Payment
1. Net tax due (line 39 of Form FIT-0) ............................................................................................... 1
. Use tax due (line 30 of Form FIT-0) ...............................................................................................
3. Subtract line from line 1: Net Financial Institution Tax Due ......................................................... 3
4. Multiply line 3 by 80% (.80) ............................................................................................................. 4
. Enter % (.) of line 4 (Enter here and see line 8 instructions) ...................................................
(d)
Calculate Quarterly Underpayment Penalty
a)
(b)
(c)
(
4th Quarter
6. Enter in (a) through (d) the quarterly installment
1st Quarter
nd Quarter
3rd Quarter
dates corresponding to the 0th day of the 4th, 6th,
9th and 1th months of the tax year ...............................
7. Enter the amount paid for each quarter ...........................
8. Enter the lesser of the amount from line above or %
of the previous year's financial institution tax liability.......
9. Subtract line 8 from line 7. Overpayments will be a
positive figure. Underpayments will be a negative figure
10. Enter overpayment, if any, from line 11 of the preceding
column in excess of any prior underpayments ................
11. Add net amount on line 10 to entry on line 9 and enter
total (If result is a negative, this is your underpayment) ..
1. Compute 10% penalty on the underpayment amount on
line 11 (Enter as positive numbers) .................................
13. Add line 1, columns A through D and enter total
here and on line 4 of Form FIT-0. ............................................................................................................
Page 16
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