Instructions For Form Tc-20s - Utah S Corporation Tax Return

Contents

General Instructions and Information ........................................................................................................................1

TC-20S — Utah S Corporation Tax Return Instructions ............................................................................................4

Schedule A – Utah Taxable Income for Pass-through Taxpayers Instructions ...........................................................7

Schedule E – Prepayments of Any Type Instructions ................................................................................................9

Schedule H – Nonbusiness Income Net of Expenses Instructions ............................................................................9

Schedule J – Apportionment Schedule Instructions ................................................................................................11

Schedule K – Shareholders’ Pro Rata Share Items Instructions .............................................................................14

Schedule K-1 – Shareholder’s Share of Utah Income, Deductions and Credits Instructions ..................................19

Schedule M – Qualiﬁ ed Subchapter S Subsidiaries Instructions ............................................................................21

Schedule N – Pass-through Entity Withholding Tax Instructions .............................................................................22

TC-250 – Credits Received from Upper-tier Pass-through Entities and

Mineral Production Withholding Tax Credit on TC-675R Instructions ...............................................................23

TC-559, Corporation/Partnership Payment Coupon ................................................................................................25

Common Return Errors ...........................................................................................................................................26

Utah Taxpayer Advocate Service

The Taxpayer Advocate Service assists taxpayers who

E-Filing is Easier!

have made multiple unsuccessful attempts to resolve

E-ﬁ ling is the easiest and most accurate way

concerns with the Tax Commission. This service

to ﬁ le. Ask your tax preparer about e-ﬁ ling

helps resolve problems when normal departmental

your individual, partnership, C corporation

processes break down, identiﬁ es why the problem

and S corporation returns, or use commer-

occurred and suggests remedies to stop the problem

from recurring. See details at tax.utah.gov/contact or

cial tax software.

at 801-297-7562, toll free at 800-662-4335, ext. 7562,

Utah is Online

or by email at taxpayeradvocate@utah.gov.

Utah offers many online services for indi-

The Taxpayer Advocate service should not be used to

vidual and business ﬁ lers, including:

bypass normal methods for resolving disputes or issues.



taxexpress.utah.gov

E-Verify for Employers

• Pay online by e-check or credit card.

Employers can help prevent identity theft by verify-

• Manage your Utah tax account.

ing the social security numbers of job applicants.

E-Verify is a free service of the U.S. Department of

• Request payment plans.

Homeland Security that veriﬁ es employment eligibility



through the Internet. Employers can use E-Verify at

tax.utah.gov

• Download forms and instructions for all

Utah tax types.

Need more information?

• Sign up for tax training workshops.

See Pub 68, Pass-through Entity Withholding, at

• Link to free business resources and

tax.utah.gov/forms.

other services.

Questions 801-297-2200 or 1-800-662-4335

(outside the Salt Lake area)

Research

Utah rules, bulletins and

Commission decisions:

tax.utah.gov

Utah Code (UC): le.utah.gov

Internal Revenue Code (IRC):

File TC-20 if Corporation ﬁ led federal form 1120

law.cornell.edu/uscode/26

File TC-20S if S Corporation ﬁ led federal form 1120S

Order paper forms

801-297-6700 or

File TC-20MC if Corporation ﬁ led federal forms 1120-H,

1-800-662-4335, ext. 6700

1120-RIC, 1120-REIT, 990-T or 8023

(outside the Salt Lake area)

If you need an accommodation under the Americans with Disabilities Act, contact the Tax Commission at 801-297-3811

or Telecommunications Device for the Deaf (TDD) 801-297-2020. Please allow three working days for a response.

Instructions For Form Tc-20s - Utah S Corporation Tax Return - 2012 Page 2

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