Form Mo-Btc - Bank Tax Credit For S Corporation Shareholders
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1Missouri Department of Revenue
Form
Bank Tax Credit for
MO-BTC
S Corporation Shareholders
Identifying Number
Identifying Number
Shareholder’s Name
Corporation’s Name
Address
Address
City
State
Zip Code
City
State
Zip Code
Bank Tax Credit: Shareholders of S corporations that are banks or bank holding companies, savings & loan associations, and credit
institutions are allowed to take a tax credit that is equal to their pro rata share of the financial institution tax paid by the S corporation.
If you are filing a joint Missouri Individual Income Tax Return, the BTC tax credit will only be applied against the tax liability of the
taxpayer listed as a shareholder of the S corporation.
1. Enter the tax amount from one of the following returns:
Bank Franchise Tax Amount (from Form INT-2, Line 18 less Line 19A and Line 19B)
Savings & Loan Association Tax Amount (from Form INT-3, Line 18)
Credit Institution Tax Amount (from Form 2823, Line 20) .....................................................................
1
%
2. Enter Ownership Percentage ...............................................................................................................
2
3. Bank Tax Credit - Multiply Line 1 by Line 2. Enter on the Form MO-TC.
If this credit amount exceeds the Missouri income tax liability, the remaining
credit may be carried forward 5 years ..................................................................................................
3
Attach your completed Form MO-BTC to your Missouri Income Tax Return.
Form MO-BTC (Revised 11-2013)
Taxation Division
Taxation Division
Phone: (573) 522-6864
Individual Income Tax
Business Tax
TDD: (800) 735-2966
P.O. Box 27
P.O. Box 3365
Fax: (573) 751-2195
Jefferson City, MO 65105-0027
Jefferson City, MO 65105-3365
Visit
for additional information.
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Parent category: Financial