Form Sc 1120 - 'C' Corporation Income Tax Return

ADVERTISEMENT

1350
1350
SC 1120
STATE OF SOUTH CAROLINA
'C' CORPORATION INCOME TAX RETURN
(Rev. 8/5/15)
3091
Return is due on or before the 15th day of the 3rd month following the close of the taxable year.
SC FILE #
-
/
/
INCOME TAX PERIOD ENDING
/
/
LICENSE FEE PERIOD ENDING
FEIN
NAME
MAILING ADDRESS
CITY
STATE
ZIP CODE
Change of
Address
Accounting Period
Officers
Attach complete copy of Federal Return
Check here if you filed a federal or state extension
(Complete
County or Counties in SC Where Property is Located:
Check if
Initial Return
Consolidated Return
Schedule M)
(Complete
Amended Return
Includes Disregarded LLC(s)
Schedule L)
City
Audit Location
State
If Filing a Final Return, see General Instructions, page 6. You MUST close
your account with the SECRETARY OF STATE and complete I-349.
Merged
Reorganized
Final
Total cost of depreciable personal property in SC
Audit Contact
Telephone Number
Total Gross Receipts
00
1. Federal Taxable Income per federal tax return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1.
00
2. Net Adjustment from line 12, Schedule A and B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2.
00
3. Total Net Income as Reconciled
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3.
(line 1 plus or minus line 2)
00
4. If Multi-state Corporation, enter amount from line 6, Schedule G; otherwise, enter amount from line 3.
4.
00
5.
5. LESS: South Carolina net operating loss carryover, if applicable . . . . . . . . . . . . . . . . . . . . . . . .
00
6.
6. South Carolina Net Income subject to tax
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(line 4 less line 5)
00
7. TAX: Multiply amount on line 6 by 5% (.05) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.
00
8. Less tax deferred on income from foreign trade receipts
. . . . . . . . . . . . . . . . . . .
8.
(see instructions)
00
9. Balance
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
9.
(line 7 less line 8)
<
>
00
10. Credit Carryover
00
Nonrefundable credits
10.
.
(line 7, Schedule C)
(line 5, Schedule C)
00
11.
11. Balance of tax
. Enter the difference but not less than zero. . . . . . . . . . . . . . . . .
(line 9 less line 10)
12.
Interest on DISC-deferred tax liability
00
; or Foreign Trade Deferred Tax
00
00
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12.
Liability
00
13. Total tax and/or interest
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
13.
(add lines 11 and 12)
00
14. Payments: (a) Tax Withheld
(Attach 1099s, I-290s, and/or W-2s; see instructions)
00
00
(b) Paid by Declaration
(c) Paid with Tentative Return
00
(d) Credit from Line 29b
00
Refundable Credits: (e) Ammonia Additive
00
(f) Milk Credit
00
15. Total Payments and Refundable Credits
. . . . . . . . . . . . . . . . . . . . . . . . . .
15.
(add lines 14a through 14f)
00
16. Balance of Tax and/or Interest Due
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16.
(line 13 less line 15)
17. Interest Due
00
Penalty Due
00
00
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17.
Enter Total.
(See penalty and interest instructions.)
00
18. TOTAL INCOME TAX, Interest and Penalty Due
. . . . . . . . . . . . . BALANCE DUE
18.
(add lines 16 and 17)
00
19. OVERPAYMENT
To be applied as follows: . . . . . .
(line 15 less line 13)
00
(a)
00
(b)
00
(c)
Estimated Tax
License Fee
REFUNDED
PART II COMPUTATION OF LICENSE FEE AND SCHEDULES A, B, AND C PAGE 2
30911028

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 8