Form D-20 - Corporation Franchise Tax Return - 2007 Page 3
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1
2
3
4
5round cents to the nearest dollar. If an amount is zero, make no entry.
Page 3
Schedule A - Cost of Goods Sold
Schedule B - Dividends
(see specific instructions for Line 2)
(see specific instructions for Line 4)
Name aND aDDress oF DeCLarINg CorPoratIoN
amoUNt
$
1. Inventory at beginning of year..............................
$
2. merchandise bought for manufacture or sale.....
3. salaries and wages.............................................
4. other costs per books (attach statement)...........
(additional federal bonus depreciation is not allowable)
$
5. total ....................................................................
6. minus: Inventory at end of tax year..................
7. Cost of goods sold (
enter here and on D-20 Line 2)
$
Method of inventory valuation:
$
Total Dividends
minus deduction for subpart F Income
minus deduction for dividends received from
wholly-owned subsidary
TOTAL (enter here and on D-20, Line 4)
$
Schedule C - Compensation of officers
(see specific instructions for Line 11)
Percent of Corporation
Col. 3
Col. 6
Col. 7
Col. 2
Col. 1
stock owned
Percent of time
amount
expense
official title
Name, address and ssN of officer
Devoted to
Col. 4
Col.5
of
account
Business
Common
Preferred
Compensation
allowances
%
%
%
$
$
%
%
%
%
%
%
%
%
%
totaL ComPeNsatIoN oF oFFICers (enter here and on D-20, Line 11)
$
Schedule D - Taxes (see specific instructions for Line 16)
amoUNt
eXPLaNatIoN
amoUNt
eXPLaNatIoN
$
$
totaL (enter here and on D-20, Line 16)
$
Schedule E - Reconciliation of the net income reported on Federal and DC returns
1. taxable income before net operating loss deduction and special
7. total District taxable income reported (from D-20, Line
$
deductions (Page 1 of your Federal corporate return)
$
36)
UNaLLoWaBLe DeDUCtIoNs aND aDDItIoNaL INCome
2. Income taxes (see specific instructions for line 16)
NoN-taXaBLe INCome aND aDDItIoNaL DeDUCtIoNs
3. DC income taxes and franchise taxes imposed by DC
8. Net income apportioned or allocated to outside DC
revenue act of 1947, as amended
4. Interest on obligations of states, territories of the U.s. or
9. other non-taxable income and additional deductions
any Political subdivision thereof
including NoL (itemize):
5. other unallowable deductions and additional income (itemize,
(a) _____________________________________________________
include additional federal bonus depreciation and additional
IrC § 179 expenses)
(a) ______________________________________________________
(b) _____________________________________________________
(b) ______________________________________________________
6. totaL (Lines 1–5)
10. totaL (Lines 7, 8 and 9)
$
$
337255 2007 D-20.indd 15
12/3/2007 1:27:35 PM
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