Form D-20 - Corporation Franchise Tax Return - 2007 Page 5
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Schedule H-1 - Reconciliation of Income (Loss) per Books With Income (Loss) per Return
1. Net income per books. . . . . . . . . . . . . . . . . . . .
$
7. Income recorded on books this year and not
$
included in this return (itemize)
2. Federal income tax . . . . . . . . . . . . . . . . . .
tax-exempt interest $______________
3. excess of capital losses over capital gains . .
4. taxable income not recorded on books this
year (itemize) . . . . . . . . . . . . . . . . . . .
8. Deductions on this tax return and not charged
5. expenses recorded on books this year and not
against book income this year (itemize)
deducted on this return (itemize)
(a) Depreciation . . . . . $ ______________
(b) Depletion . . . . . . . . $ ______________
(a) Depreciation . . . . . . $_______________
(b) Depletion . . . . . . . $_______________
$
9. totaL of Lines 7 and 8 . . . . . . . . . . . . . . . .
10. taxable Income (
)
federal Form 1120, page 1, line 28
(Line 6 minus Line 9)
$
6. totaL of Lines 1 through 5. . . . . . . . . . . . . . . . $
Schedule H-2 - Analysis of Unappropriated Retained Earnings per Books
5. Distributions:
1. Balance at beginning of year . . . . . . . . . . . .
$
$
(a) Cash . . . . .. . . . . . . . . .
(b) stock . . . . . . . . . . . . . .
2. Net income per books . . . . . . . . . . . . . . . . .
(c) Property . .. . . . . . . . . .
3. other increases (itemize) . . . . . . . . . . . . . . .
6. other decreases (itemize)
7. totaL of Lines 5 and 6. . . . . . . . . . . . . . . .
$
8. Balance at end of year (Line 4 minus Line 7). .
$
4. totaL of Lines 1, 2 and 3
$
Supplemental Information
1. state or CoUNtrY oF INCorPoratIoN
2.(a) Date oF INCorPoratIoN
2.(b) Date BUsINess BegaN IN DC
3. Irs serVICe CeNter Where FeDeraL retUrN Was
FILeD For PerIoD CoVereD BY thIs retUrN:
4. the CorPoratIoN’s BooKs are IN the Care oF
5. LoCateD at
During 2007, has the Internal revenue service made or proposed any adjustments to
6.
your federal income tax return, or did you file any amended returns with the Irs?
If you have already provided otr a detailed
Yes
No
statement, enter the date it was sent.
If “Yes”, please submit separately a detailed statement, unless previously submitted,
mm/DD/YYYY
to the address shown on page 7 (amended returns) of the general Instructions.
Yes
No
7. Is this corporation affiliated with a partnership
If yes, explain:
or another corporation?
Yes
No
8. Is this return made on the accrual basis?
If no, indicate basis used:
Cash Basis
other (specify)
Yes
No
9. Did you file a franchise tax return with DC
If no, state reason
for the year 2006?
Yes
No
10. Did you withhold DC income tax from wages paid to your
If no, state reason:
DC resident employees during 2007?
Yes
No
11. Did you file annual information returns, federal forms 1096
and 1099, relating to payment of dividends and interest for 2007?
Yes
No
12. (a) has the business been terminated?
If yes, explain and give date:
Yes
No
(b) have you moved out of DC?
337255 2007 D-20.indd 17
12/3/2007 1:27:35 PM
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