Form Fit-20 - Indiana Financial Institution Tax Return - 2011 Page 4
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8Indiana Department of Revenue
Form FIT-20
2011 Financial Institution Tax Return
Members of Unitary Group Filing a Combined Return
FIT-20 Schedule H
State Form 44626 (R10/8-11)
Identify all members of the unitary group (other than the reporting member) that are transacting business wholly or partially within
Indiana included in the combined fi ling. Indicate the amount, if any, of estimated tax that was separately paid by a member under its
own federal identifi cation number. Attach additional sheets if necessary.
A
C
D
E
G
E
B
Federal Identifi cation
Street Address
City
State
ZIP
Estimated
Name of Member
Number
Code
Tax Paid
1
2
3
4
5
6
7
8
9
Schedule FIT-2220
Underpayment of Estimated Tax by Financial Institutions
State Form 44628 (R10/8-11)
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 fi nancial institution tax due ............................................................ 3
4. Multiply line 3 by 80% (.80) ............................................................................................................. 4
5. Enter 25% (.25) of line 4 (enter here and see line 8 instructions below) ......................................... 5
(d)
Calculate Quarterly Underpayment Penalty
a)
(b)
(c)
(
4th Quarter
6. Enter in (a) through (d) the quarterly installment
1st Quarter
2nd Quarter
3rd Quarter
dates 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's fi nancial institution tax liability.......
9. Subtract line 8 from line 7. Overpayments will be a
positive fi gure. Underpayments will be a negative fi gure
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 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. ............................................................................................................
24100000000
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