Form Fit-20 - Indiana Financial Institution Tax Return - 2005 Page 5

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Indiana Financial Institution
Schedule FIT-NRTC
State Form 44625 (R4/8-05)
Nonresident Tax Credit
Department of Revenue
(See instructions on page 18)
Name of Corporation
Federal Identification Number
B
A
Part I: Identification Section
Column A
Column B
Column C
Name of Borrower
Principal Amount of Loan
Receipts Attributed to Loan
$
$
Totals
Part II: Calculation Section
1. Enter the total receipts from Part I ...................................................................................
1
2. Enter the total receipts attributable to nonresident ...........................................................
2
3. Divide line 1 by line 2. Express as a percentage (i.e. .5086 = 50.86%) ............................
3
.
%
4. Enter the amount of tax attributable to nonresident (from a pro forma schedule) ...............
4
5. Multiply the percentage from line 3 by the amount on line 4 .............................................
5
6. Enter the amount of taxes paid to your state of commercial domicile for the qualified
loans listed in Part I .........................................................................................................
6
7. Enter the lesser of the amounts from lines 5 and 6.
Enter this amount on line 28 of Form FIT-20 .....................................................................
7
19

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