Form 41 - Idaho Corporation Income Tax Return - 2001 Page 2
ADVERTISEMENT
1
2Form 41-2001
Page 2
TC41012 9-27-01
30.
Net business income subject to apportionment. Enter the amount from line 29. ........................................
30
31.
Corporations with all activity in Idaho enter 100%. Multistate/multinational corporations complete and
.
%
31
attach Form 42. Enter the apportionment factor from line 21, Part I, Form 42. ..........................................
.
32.
32
Net business income apportioned to Idaho. Multiply line 30 by the percent on line 31. ...............................
.
33.
33
Income allocated to Idaho. See instructions. .............................................................................................
.
34
34.
Idaho net operating loss carryover. Attach a schedule. ..............................................................................
35.
Idaho taxable income. Add lines 32 and 33, and subtract line 34.
.
If the corporation has an NOL and is electing to forego the carryback period, check here.
35
TAX COMPUTATION
36.
Idaho income tax. Multiply line 35 by 7.6%.
.
36
Minimum $20 for each corporation operating or authorized to do business in Idaho.
CREDITS
.
37.
Credit for contributions to educational entities ..............................................
37
.
.
38.
Investment tax credit. Attach Form 49. Earned ______________ Allowed
38
.
39.
Credit for contributions to youth and rehabilitation facilities ...........................
39
.
40.
Credit for production equipment using post-consumer waste ......................
40
.
41.
Natural resources conservation credit ..........................................................
41
.
42.
Promoter-sponsored event credit .................................................................
42
.
.
43.
Credit for qualifying new employees. Earned ________________ Allowed
43
.
.
44.
Credit for Idaho research activities. Earned __________________ Allowed
44
.
.
45.
Broadband equipment investment credit. Earned _____________ Allowed
45
.
.
46.
Incentive investment tax credit. Earned _____________________ Allowed
46
47.
Total credits. Add lines 37 through 46. ......................................................................................................
47
48.
Subtract line 47 from line 36. If line 47 is greater than line 36, enter zero.
48
OTHER TAXES
49.
Permanent building fund tax. Enter $10.
.
Combined reports include $10 for each corporation operating or authorized to do business in Idaho. .......
49
50.
Fuels tax due. Attach Form 75. .................................................................................................................
50
.
51.
Tax from recapture of Idaho investment tax credit. Attach Form 49R. ........................................................
51
52.
Tax on Idaho compensation of individual officers and directors not reported to Idaho.
.
If the apportionment factor on line 31 is less than 50%, enter zero. ...........................................................
52
.
53.
Total tax. Add lines 48 through 52.
53
.
54.
Underpayment interest. Attach Form 41ESR. ...........................................................................................
54
Add line 53 and line 54.
55.
55
PAYMENTS and OTHER CREDITS
.
56
56.
Estimated tax payments .............................................................................................................................
57
57.
Special fuels tax refund ______________ Gasoline tax refund ______________ Attach Form 75. ..
58.
Total payments and other credits. Add line 56 and line 57.
58
AMENDED RETURN ONLY
Skip lines 59 through 61 if you are not filing an amended return.
.
59
59.
Tax paid with or after the filing of the original return ....................................................................................
.
60
60.
Overpayment, if any, as shown on the original return, or as later adjusted ..................................................
61
61.
Add line 58 and line 59 and subtract line 60.
Original returns: If line 55 is more than line 58, GO TO LINE 62. If line 55 is less than line 58, GO TO LINE 65.
Amended returns: If line 55 is more than line 61, GO TO LINE 62. If line 55 is less than line 61, GO TO LINE 65.
REFUND or PAYMENT DUE
.
62
62.
Tax Due.
If an original return, subtract line 58 from line 55. If an amended return, subtract line 61 from line 55.
.
.
63.
Penalty ________________________ Interest from due date _____________________ Enter total.
63
.
64.
TOTAL DUE. Add lines 62 and 63. ...........................................................................................................
64
.
Overpayment. If an original return, subtract line 55 from line 58.
65.
65
If an amended return, subtract line 55 from line 61. ....................................
.
REFUND. Amount of line 65 you want refunded to you. ............................
66
66.
.
67.
ESTIMATED TAX. Amount you want credited to your 2002 estimated tax. Subtract line 66 from line 65.
67
.
Within 180 days of receiving this return, the Idaho State Tax Commission may contact the paid preparer to discuss it.
Under penalties of perjury, I declare that to the best of my knowledge and belief this return is true, correct and complete.
Signature of officer
Date
Paid preparer's signature
Preparer's EIN, SSN, or PTIN
.
.
.
SIGN
HERE
Title
Phone number
Address and phone number
MAIL TO: Idaho State Tax Commission, PO Box 56, Boise, ID 83756-0056
ATTACH A COMPLETE COPY OF YOUR FEDERAL FORM 1120 OR 1120A
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial