State Form 49188 - Schedule It-20comp - Shareholders' Composite Indiana Adjusted Gross Income Tax Return

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Schedule IT-20COMP
Indiana Department of Revenue
State Form 49188
(R7/8-08)
B
A
Shareholders' Composite Indiana Adjusted Gross Income Tax Return
For S Corporation's Tax Year 2008 or Fiscal Year Beginning
_____/_____/ 2008 and Ending
_____/______/ _______
AA
BB
See instructions on page 18. Attach to Form IT-20S. (Use additional sheets if necessary.)
List name, distributive amount, composite tax, and credits for each composite return member. (Omit Cents)
Enter Pro Rata Share
Composite Adjusted Gross Income Tax
Credits
Attach WH-18,
A
B
C
D
E
F
G
copy C for each
Enter
Enter pro rata
Apportioned
Indiana
Adjusted
State tax
County tax
nonresident composite
shareholder's
credits from IN
distributive
gross
multiply
multiply C by
shareholder.
withholding credit
K-1, line 15
income
from IN K-1,
income
C x 3.4%
nonresident
as shown on Form
(may not
attributed to
line 14
(Add A + B)
(cannot be
county tax
WH-18 (may not
exceed D)
Indiana from IN
less than
rate
exceed D+E-F)
Name
(a)
K-1, line 13
zero)
(if applicable)
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21. Carryover totals from additional sheets: ...................................
22. Subtotals for columns D, E, F, and G..................................................................
Credit:
Tax:
23. Add above total taxes and total credits from line 22 ...........................................
Add F and G
Add D and E
Enter total credit on Form IT-20S, line 17.
Enter total tax on Form IT-20S, line 15.
Carry total tax and credits from line 23 to Summary of Calculations.
120081101
17

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