South Dakota Franchise Tax On Financial Institutions Page 2
ADVERTISEMENT
1
2
3Schedule L – Balance Sheet
End of Taxable Year
Beginning of Taxable Year
Assets
(A) Amount
(B) Total
(C) Amount
(D) Total
1. Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2. Trade notes and accounts receivable . . . . . . . . . . . .
(a) less allowance for bad debts . . . . . . . . . . . . . . . .
3. Inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4. Gov’t obligations (a) U.S. and instrumentalities . . .
(b) State, subdivision thereof, etc. . . . . . . . . . . . . . .
5. Other current assets (attach schedule) . . . . . . . . . . .
6. Loans to stockholders/officers (att. sch.) . . . . . . . . .
7. Mortgage and real estate loans . . . . . . . . . . . . . . . . .
8. Other investments (attach schedule) . . . . . . . . . . . .
9. Buildings and other fixed depreciable assets . . . . . .
(a) less accumulated depreciation . . . . . . . . . . . . . .
10. Land (net of any amortization) . . . . . . . . . . . . . . . .
11. Intangible assets (amortizable only) . . . . . . . . . . . .
(a) Less accumulated amortization . . . . . . . . . . . . .
12. Other assets (attach schedule) . . . . . . . . . . . . . . . . .
13. Total Assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Liabilities and Capital
14. Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . .
15. Mtges, notes, bonds payable in less than 1 year . . .
16. Other current liabilities (attach schedule) . . . . . . . .
17. Loans from stockholders . . . . . . . . . . . . . . . . . . . . .
18. Mtges, notes, bonds payable in 1 year or more . . . .
19. Other liabilities (attach schedule) . . . . . . . . . . . . . .
20. Capital stocks
(a) Preferred stock . . . . . . . . . . .
(b) Common Stock . . . . . . . . . . .
21. Paid-in or capital surplus (att. reconciliation) . . . . .
22. Retained earnings - Appropriated (att. schedule) . .
23. Retained earnings - Unappropriated . . . . . . . . . . . .
(
)
24. Less cost of treasury stock . . . . . . . . . . . . . . . . . . . .
(
)
25. Total Liabilities And Capital . . . . . . . . . . . . . . . .
Schedule M-1 Reconciliation of Income Per Books With Income Per Return
1.
Net income per books . . . . . . . . . . . . . . . . . .
7.
Income recorded on books this year not
included in this return (itemize) . . . . . . . . .
2.
Federal income tax. . . . . . . . . . . . . . . . . . . . .
(a) Tax exempt interest $ ______________
3.
Excess of capital losses over capital gains. . .
___________________________________
4.
Income subject to tax not recorded on
8.
Deductions in this tax return not charged
books this year (itemize) . . . . . . . . . . . . . . . .
against book income this year (itemized)
5.
Expenses recorded on books this year not
___________________________________
deducted in this return (itemize). . . . . . . . . . .
9.
Total of Lines 7 and 8 . . . . . . . . . . . . . . . . . .
6.
Total of Lines 1 through 5 . . . . . . . . . . . . .
10. Income (line 28, page 3) line 6 less line 9 . . .
Schedule M-2 Analysis of Unappropriated Retained Earnings Per Books
1.
Balance at beginning of year . . . . . . . . . . . . .
5.
Distributions (a) cash . . . . . . . . . . . . . . . . . .
2.
Net income per books . . . . . . . . . . . . . . . . . .
(b) Stock . . . . . . . . . . . . . . . . .
3.
Other increases (itemize)
(c) Property . . . . . . . . . . . . . . .
____________________________________
6.
Other decreases (itemize)
________________________________________
____________________________________
________________________________________
____________________________________
________________________________________
____________________________________
7.
Total of lines 5 and 6 . . . . . . . . . . . . . . . . . .
____________________________________
8.
Balance at end of year (lines 4 -7) . . . . . . . .
4.
Total of lines 1, 2, and 3 . . . . . . . . . . . . . . . .
2
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial