Form F-7004a, F-1120a - Florida Corporate Short Form Tentative Income Tax Return And Application For Extension Of Time To File Return - 2000
ADVERTISEMENT
1
2F-1120A
R. 01/00
Page 3
Florida Form F-1120 or F-1120A annually and are subject to Florida
Who Must File a Florida Corporate Income/Franchise
corporate income tax. The Florida Form F-1120A can only be filed if all of
Tax return (continued from page 1)
the criteria for that form are met.
Homeowners and condominium associations that file federal Form
•
EXTENSION OF TIME FOR FILING - A taxpayer may apply for an extension
1120H must file Florida Form F-1120 or F-1120A for the first year in
of time to file Florida Form F-1120A. Extensions are valid for six months. Only
Florida. If they do not have federal taxable income, only the information
one extension is permitted per tax year. To apply for an extension, detach
questions need to be answered. Returns for subsequent years are not
and complete Florida Form F-7004A. It must be filed with the Department
required of the homeowner or condominium association when no federal
together with payment of all the tax due on or before the original due date of
tax is due, and federal Form 1120H continues to be filed. When federal
Florida Form F-1120A.
Form 1120 is filed, a Florida Form F-1120 or F-1120A is required
regardless of whether any tax may be due. The Florida Form F-1120 or
Line by Line Instructions for F-1120A
F-1120A is also required for the first year federal Form 1120H is filed
subsequent to the filing of federal Form 1120 (If there is no federal taxable
Line 1 Federal Taxable Income - Generally, the corporations should enter
income, only the information questions need to be answered). The
the amount shown on line 30, page 1 of the federal form 1120 or the
Florida Form F-1120A can only be filed if all of the criteria for that form are
corresponding line (taxable income) of the federal income tax return filed.
met.
S corporations should enter only the amount of income (net passive income
Political organizations that file federal Form 1120-POL.
•
or capital gains) subject to federal income tax at the corporate level.
S corporations answering no to question D, on page 2, enter “0” on line 6.
•
S Corporations must file Form F-1120 or F-1120A for the first year they
qualify as S corporations for federal tax purposes or the first year foreign
(out-of-state) S corporations do business in Florida. If they do not have
Line 2 Net Operating Loss Deduction (NOLD) and State Income Taxes
Deducted in Computing Federal Taxable Income - Enter the sum of:
federal taxable income, only the information questions need to be
answered. There is no filing requirement for subsequent years as long as
(A) Any Net Operating Loss Deduction shown on Line 29(a) of the
the federal subchapter S election continues, except for tax years that an S
federal Form 1120 or on the corresponding line of other federal income
corporation is subject to federal tax. S corporations that have federal
tax forms.
taxable income must file Florida Form F-1120 or F-1120A and are
(B) Any tax upon, or measured by, income paid or accrued as a liability
subject to Florida corporate income tax. The Florida Form F-1120A
to any U.S. state or the District of Columbia that is deducted from
can only be filed if all of the criteria for that form are met.
gross income in the computation of federal income for the taxable year.
Taxes based upon gross receipts or revenues are excluded.
Effective January 1, 1997, qualified subchapter S subsidiaries (QSSS)
•
are not treated as separate entities from their parent corporations for
If state income taxes are included in Line 2, complete question G on the
purposes of Florida corporate income tax. The qualified subchapter S
reverse side of the Form F-1120A.
subsidiary is required to file an informational return (Form F-1120) that
Use the following to compute your line 2 entry:
should identify the subsidiary, the S corporation parent, and the effective
a NOLD___________________________________________________
date of the election year.
b State Income Taxes deducted in computing Federal Taxable
Income__________________________________________________
•
Tax-exempt organizations that are fully exempt from the federal
c. Total - Add a and b then enter this amount on Line 2.
income tax and have a “determination letter” from the Internal Revenue
Service to that effect, must attach a copy of the determination letter to
Line 3 Florida Net Operating Loss Deduction (NOLD)
Florida Form F-1120 for the first year they qualify as an exempt
Enter the amount (if any) of the Florida Net Operating Loss Deduction on Line
organization or the first year subject to the Florida Income Tax Code.
3. For Florida corporate income tax, a net operating loss can never be
(See Information, Forms and Payments on page 6 for information on how
carried back as a deduction to a prior taxable year. A net operating loss can
to obtain a Form F-1120.) Additional returns will not be required as long
as they continue to qualify for exemption from federal income tax.
Organizations that have “unrelated trade or business income” must file
The F-7004A is a machine-readable form. Please follow the hand print or machine print instructions. Use black ink.
If hand printing this document, print your numbers as shown
If typing this document, type through the boxes and type all of
0123456789
0 0 0 0 0 1 1 1 1 1 2 2 2 2 2 3 3 3 3 3 4 4 4 4 4 5 5 5 5 5 6 6 6 6 6 7 7 7 7 7 8 8 8 8 8 9 9 9 9 9
and write one number per box. Write within the boxes.
your numbers together.
Make check payable and mail to: FLORIDA DEPARTMENT OF REVENUE, 5050 W TENNESSEE STREET, TALLAHASSEE FL 32399-0135
Florida Department of Revenue - Corporate Income Tax
F-7004A
Florida Corporate Short Form Tentative
R. 01/00
Income Tax Return and Application for Extension of Time to File Return
FEIN
Taxable Year End:
Corporation Partnership
FILING STATUS
M
M
Y
Y
(Mark "X" in
one box only)
U.S. DOLLARS
CENTS
Tentative Tax Due
(See Reverse Side)
Under penalties of perjury, I declare that I have been authorized
Just Value
Intangible Notice
by the above-named taxpayer to make this application, that to the
$
(Enter “0,” “1,” or “2”)
best of my knowledge and belief the statements herein are true
Per Share
and correct.
(see question H instructions on page 2)
Sign
Here: _____________________________
9000 0 99999999 0002005030 1 3009999999 0000 8
Date: _____________________________
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form F-7004 - Florida Tentative Income / Franchise And/or Emergency Excise Tax Return And Application For Extension Of Time To File Return - 2005
Financial
Form F-7004 - Florida Tentative Income / Franchise Tax Return And Application For Extension Of Time To File Return
Financial
Form F-7004 - Florida Tentative Income / Franchise Tax Return And Application For Extension Of Time To File Return
Financial
Form F-7004 - Florida Tentative Income / Franchise Tax Return And Application For Extension Of Time To File Return
Financial
Form F-7004 - Florida Tentative Income / Franchise Tax Return And Application For Extension Of Time To File Return
Financial
Form 760e - Virginia Tentative Tax Return And Application For Extension Of Time To File Individual Or Fiduciary Income Tax Return (forms 760, 760py, 763 And 770) - 1999
Financial
Form Bfc-1 - Tentative Return And Application For Extension Of Time To File The New Jersey Banking And Financial Corporation Tax Return
Financial
Related Categories
Parent category: Financial