Fillable Form N-30x - Amended Corporation Income Tax Return (Page 2 of 2) in pdf

FORM N-30X (REV. 2006)

PAGE 2

PART II

EXPLANATION OF CHANGES TO INCOME, DEDUCTIONS, CREDITS, ETC. Enter the line reference from

page 1 for which a change is reported, and give the reason for each change. Show computation in detail.

ATTACH APPLICABLE SCHEDULES

General Instructions:

Column A

or subtract the decrease in column B from the

amount in column A. Report the result in column

NOTE: Hawaii’s Net Income Tax Law requires the

Line 1. — Enter the TOTAL INCOME amount

C. For any item the corporation does not change,

filing of an amended corporate income tax return

from the original return, or as later adjusted.

enter the amount from column A in column C.

as a report to the Department of Taxation when

Line 2. — Enter the TOTAL DEDUCTIONS

the corporation’s taxable income is changed for

Line 8. — Compute the amended amount of

amount from the original return, or as later ad-

federal income tax purposes.

tax using the taxable income of line 7, column C.

justed.

Use Schedule J, Form N-30 on the original return

Use of Form N-30X. — Use Form N-30X to

to make the necessary tax computation.

Line 4. — Enter the total amount of adjust-

correct a corporation income tax return that was

ments ADDED to taxable income or loss from the

previously filed on Form N-30 or later adjusted by

Line 20. — Overpayment. — Enter the

original return, or as later adjusted.

an amended return, claim for refund, or an exami-

amount of overpayment the corporation received

nation of the original return. The corporation may

(or expects to receive) or the amount it had cred-

Line 6. — Enter the total amount of adjust-

also file an amended return on Form N-30, using

ited to estimated tax. The amount must be consid-

ments DEDUCTED from taxable income or loss on

the form for the year being amended. See Instruc-

ered in preparing Form N-30X since any refund

the original return, or as later adjusted.

tions for Form N-30.

due the corporation from its original return will be

refunded separately (or credited to estimated tax)

Line 7. — If the corporation’s income is not ap-

Generally, a claim for refund may be filed

from any additional refund claimed on Form

portioned, subtract the amount on line 6 from the

within 3 years from the time the return was filed

N-30X.

amount on line 5 to compute the taxable income

(returns filed before the due date are considered

for Hawaii purposes.

filed on the due date).

Line 22. — Amount You Owe. — Attach your

check or money order for the full amount and

Line 8. — Enter the total tax amount from the

Do not use this form in lieu of application for re-

Form N-201V when you file.

Make check or

original return, or as later adjusted.

fund on Form N-309. Use Form N-30X to claim a

money order payable to “Hawaii State Tax Collec-

refund attributable to an NOL filed more than 12

Line 14. — Enter the total of prior year’s over-

tor.” Be sure to write your Federal E.I. number,

months after the close of the loss year. Attach to

payment allowed as a credit and current year’s es-

“Form N-30X,” and the applicable tax year on it.

Form N-30X copies of the first 2 pages of the cor-

timated tax payments shown on the original return,

Please draw your check on a U.S. bank and pay in

poration’s federal return for the loss year, any

or as later adjusted.

U.S. dollars. Do not send cash. If line 22 is un-

forms or schedules from which the carryback re-

der $1, you do not have to pay.

Line 16. — Enter the amount of nonrefundable

sults, and forms or schedules for items refigured in

credits from the original return, or as later ad-

the carryback years.

Line 23. — Refund. — If the corporation is en-

justed.

titled to a refund larger than the amount claimed

When to File. — File Form N-30X only after

on its original return, line 23 on this form will show

Line 17. — Enter the total of the Capital Goods

the corporation has filed its original return.

only the additional amount of refund. This addi-

Excise Tax Credit, the Fuel Tax Credit for Com-

tional amount will be refunded separately from the

Information on Income, Deductions, Tax

mercial Fishers, the Motion Picture and Film Pro-

amount claimed on its original return.

Computations, etc. — Refer to the instructions

duction Income Tax Credit, the Hotel Construction

for the corporate income tax return and related

and Remodeling Tax Credit, the Tax Credit for Re-

Signature. — The return must be signed and

schedules and forms, for the year you are amend-

search Activities, the Drought Mitigating Water

dated by the president, vice president, treasurer,

ing, concerning the taxability of certain types of in-

Storage Facility Tax Credit, the Ethanol Invest-

assistant treasurer, chief accounting officer, or any

come, the allowability of certain expenses as de-

ment (or Facility) Tax Credit, and the Motion Pic-

other corporate officer (such as tax officer) autho-

ductions from income, computation of tax, etc. For

ture, Digital Media and Film Production Income

rized to sign. A receiver, trustee, or assignee must

additional information or assistance, contact the

Tax Credit claimed on the original return, or as

sign and date any return required to be filed on be-

Department of Taxation at (808) 587-4242 or

later adjusted.

half of a corporation.

toll-free at 1-800-222-3229.

Column B

The corporation may authorize the Department

Where to File. — Mail this form to the Hawaii

of Taxation to discuss its tax return with its paid

Lines 1, 2, 4, 6, and 8 through 17. — Enter

Department of Taxation at P.O. Box 3559, Hono-

preparer by checking the “Yes” box above the paid

the increases or decreases the corporation is mak-

lulu, HI 96811-3559.

preparer’s signature. Checking “Yes” will allow the

ing. Explain the increase or decrease in Part II. If

Department to contact the paid preparer to answer

Specific Instructions

more space is needed to explain the change, at-

any questions that may arise during the process-

tach a separate statement. If the change involves

ing of the corporation’s return. This designation

Tax Year. — In the space provided above the

an item of income, deduction, or credit that the

does not replace Form N-848, Power of Attorney.

name, enter the calendar year or the month and

corporation income tax return or its instructions re-

year in which the fiscal year of the tax return being

quires it to support with a schedule, statement, or

Preparer. — If a corporation officer filled in

amended begins and ends.

form, attach the appropriate schedule, statement,

Form N-30X, the space under the signature of offi-

or form to Form N-30X.

cer should remain blank.

If someone prepares

Foreign Address. — If the corporation’s ad-

Form N-30X and does not charge the corporation,

dress is outside the United States or its posses-

For accrual basis taxpayers, an adjustment to

that person should not sign the return. Certain

sions or territories, enter the information on the

the state income tax and charitable contributions

others who prepared Form N-30X should not sign.

line for “City or town, state, and ZIP code” in the

deductions must be made based on the change to

See Form N-30 instructions for more information

following order: city, province or state, postal code,

taxable income shown on line 7. This adjustment is

on preparers and their responsibilities.

and the name of the country. Do not abbreviate

an increase or decrease in deductions for Part II.

the country name.

Note: The Department of Taxation will com-

Column C

pute any interest due and will either include it in

the refund or bill the corporation for the interest.

Lines 1, 2, 4, 6, and 8 through 17. — Add the

increase in column B to the amounts in column A

Form N-30x - Amended Corporation Income Tax Return Page 2

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