Form Fit-20 - Indiana Financial Institution Tax Return - 2002 Page 4
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5Indiana Department of Revenue
Form FIT-20
Page 4
State Form 44626 (R1/9-02)
FIT-20 Schedule H
Other Corporations that made Estimated Payments
List below the federal identification number for any corporations that made estimated tax payments during the year, and are included
in this filing if it is for a unitary group. Attach additional sheets if necessary.
Name of Corporation
Federal Identification Number
Total Payments
FIT-20 Schedule SUT
Sales/Use Tax Worksheet for Line 30, Form FIT-20
State Form 44627
List all purchases made during calendar year 2002 from out-of-state companies.
(R1/9-02)
Purchase(s) made
Purchase Price
Purchase(s)
Purchase Price
of Property(s)
made on or
prior to
of Property(s)
Description of personal property
from Column A
12-1-2002
after 12/1/2002
from Column C
purchased from out-of-state
Column B
Column A
Column C
Column D
Magazine subscriptions:
Mail order purchases:
Internet purchases:
Other purchases:
1. Total purchase price of property subject to the sales/use tax:
1B
1D
Enter total of Columns B and D ...............................................
2. Sales/use tax: Multiply line 1B by .05 (5%); multiply
2B
2D
line 1D by .06 (6%) ...................................................................
3. Sales tax previously paid on the above items (up to 5% per
3B
3D
item in Column B; up to 6% per item in Column D) ...............
4. Total amount due: Subtract: line 3B from line 2B and line 3D
from line 2D. Add lines 4B and 4D. Carry to Form FIT-20, line
30. If the amount is negative, enter zero and put no entry on
4D
4B
line 30 of the FIT-20 ..................................................................
Schedule FIT-2220
Underpayment of Estimated Tax by Financial Institutions
State Form 44628 (R1/9-02)
Name
Federal Identification Number
Calculate Minimum Quarterly Payment
1.
Net tax due (line 39 of Form FIT-20) ...................................................................................................
1
2.
Use tax due (line 30 of Form FIT-20) ..................................................................................................
2
3.
Subtract line 2 from line 1: Net Financial Institution Tax Due ............................................................
3
4.
Multiply line 3 by 80% (.80) ................................................................................................................
4
5.
Enter 25% (.25) of line 4 (Enter here and on line 8).............................................................................
5
Calculate Quarterly Underpayment Penalty
6.
Enter in (a) through (d) the quarterly installment dates
(a)
(b)
(c)
(d)
1st Quarter
2nd Quarter
3rd Quarter
4th Quarter
corresponding to the 20th day of the 4th, 6th, 9th and 12th
months of the tax year ........................................................
7.
Enter the amount paid for each quarter ..............................
8.
Enter the lesser of the amount from line 5 above, or 25%
of the previous year financial institution tax liability .........
9.
Subtract line 8 from line 7. Overpayments will be a
positive figure. Underpayments will be a negative figure ..
10.
Enter overpayment, if any, from line 11 of the preceding
column in excess of any prior underpayments ...................
11.
Add net amount on line 10 to entry on line 9 and enter
total (If result is a negative, this is your underpayment) ...
12.
Compute 10% penalty on the underpayment amount on
line 11 (Enter as positive numbers) ....................................
13.
Add line 12, columns A through D and enter total
here and on line 45 of Form FIT-20...............................................................................................................................
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