Arizona Form 120x - Arizona Amended Corporation Income Tax Return

2003

ARIZONA FORM

Arizona Amended Corporation Income Tax Return

120X

YYYY

For taxable year beginning ______/______/________, and ending ______/______/________

CHECK ONE:

Mail to: Arizona Department of Revenue, PO Box 29079, Phoenix AZ 85038-9079

Calendar year

Fiscal year

Business telephone number

Name

Federal employer ID number (FEIN)

Please

AZ withholding tax number

(

)

Number and street or PO Box

Type

Business activity code number

(from federal Form 1120)

City, or town, state, and ZIP code

AZ transaction privilege tax number

FOR DOR USE ONLY

Check box if:

Name change

Address change

Correction of failure to check correct box on Form 120, question B to: (See instructions)

Separate company

Combined (unitary group)

Consolidated

Reason for ﬁ ling Form 120X:

Finalized federal audit (attach copy)

Amended federal return (attach copy) 3

Arizona adjustments only (See instructions)

This amended return changes Arizona method of ﬁ ling to: (See instructions)

Separate company

Combined (unitary group)

(a)

(b)

(c)

DO NOT USE THE 2003 FORM 120X TO AMEND A PRIOR TAXABLE YEAR. USE

As originally

Net change

Correct amount

THE FORM 120X FOR THE TAXABLE YEAR BEING AMENDED.

reported or adjusted

increase or (decrease)

1 Taxable income..............................................................................................................

2 Additions to taxable income...........................................................................................

3 Total taxable income - add lines 1 and 2 .......................................................................

4 Subtractions from taxable income .................................................................................

5 Arizona adjusted income - subtract line 4 from line 3. WHOLLY ARIZONA

CORPORATIONS GO TO LINE 13 ...............................................................................

6 Arizona adjusted income - from line 5. MULTISTATE CORPORATIONS ONLY............

7 Nonapportionable or allocable amounts. Multistate corporations only .........................

8 Adjusted business income - subtract line 7 from line 6. Multistate corporations only.....

9 Arizona apportionment ratio - from Schedule C or Schedule ACA ................................ ●

●

10 Income apportioned to Arizona - multiply line 8 by line 9. Multistate corporations only...

00 10

11 Other income allocated to Arizona - Multistate corporations only..................................

00 11

12 Income attributable to Arizona - add lines 10 and 11. Multistate corporations only .......

00 12

13 Arizona income before NOL - from line 5 or line 12.......................................................

00 13

14 Arizona basis net operating loss carryforward - attach computation schedule..........

00 14

15 Arizona taxable income - subtract line 14 from line 13..................................................

00 15

16 Tax - Tax is 6.968 percent of line 15 or $50, whichever is greater.................................

00 16

17 Tax from recapture of tax credits - from Form 300, Part II, line 25 ................................

00 17

18 Subtotal - add lines 16 and 17.......................................................................................

00 18

19 Clean Elections Fund Tax Reduction.............................................................................

00 19

20 Nonrefundable tax credits - from Form 300, Part II, line 48...........................................

00 20

21 Credit type - enter form number for each nonrefundable credit claimed ....

22 Tax liability - subtract the sum of lines 19 and 20 from line 18 ......................................

00 22

23 Clean Elections Fund Tax Credit. See instructions before completing this line .............

00 23

24 Tax liability after Clean Elections Fund tax credit - subtract line 23 from line 22...........

00 24

25 Refundable tax credits - see instructions................................................................................................

26 Credit type - enter form number for each refundable credit claimed ............. 26

27 Retroactive consolidation tax payment credit - see instructions .............................................................

28 Payments (extension, estimated) ...........................................................................................................

29 Payment with original return plus all payments after it was ﬁ led - from page 2, Schedule D.................

30 Total payments - see instructions ..........................................................................................................................................................

31 Overpayment, if any, as shown on original return or as later adjusted - see instructions......................................................................

32 Total payments applied to amended tax liability - subtract line 31 from line 30.....................................................................................

33 TOTAL DUE - If line 24(c) is larger than line 32, enter the total due.....................................................................................................

34 OVERPAYMENT - If line 32 is larger than line 24(c), enter the overpayment.......................................................................................

35 Amount of line 34 to be applied to 2004 estimated tax..........................................................................................................................

36 Amount to be refunded - subtract line 35 from line 34...........................................................................................................................

ADOR 91-0029 (03)

Arizona Form 120x - Arizona Amended Corporation Income Tax Return - 2003

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