Form Sc 1120u - South Carolina Public Utility Tax Return

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1350
1350
STATE OF SOUTH CAROLINA
PUBLIC UTILITY TAX RETURN
SC 1120U
Return is due on or before the 15th day of the 3rd month following the close of the taxable year.
(Rev. 11/7/13)
Mail this return to: SC DEPARTMENT OF REVENUE,
Corporation Return, Columbia, SC 29214-0100
3097
County or Counties in SC Where Property is Located:
SC FILE #
-
/
/
INCOME TAX PERIOD ENDING
Audit Location
Street
/
/
LICENSE FEE PERIOD ENDING
FEIN
City
State
NAME
MAILING ADDRESS
Audit Contact
Telephone Number
CITY
STATE
ZIP CODE
Change of
Address
Accounting Period
Check if
Amended
Initial Return
Return
Check here if you filed a federal or state extension.
Consolidated Return
Attach complete copy of Federal Return
If Filing a Final Return, Indicate Whether:
Merged
Reorganized
Dissolved
Withdrawn
Use Black Ink Only
1. Federal Taxable Income per federal tax return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1.
2. Net Adjustment from line 12, Schedule A and B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2.
3. Total Net Income as Reconciled (line 1 plus or minus line 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3.
4. If Multi-state Corporation, enter amount from line 6, Sch. G; otherwise, enter amount from line 3 . . . . . . . .
4.
<
>
5. LESS: Distribution to shareholders of S corporation or less SC NOL carryover, if applicable . . . . . . . . . . . .
5.
6. South Carolina Net Income subject to tax (line 4 less line 5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6.
7. TAX: Multiply amount on line 6 by .05 (5.0%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
7.
8. Non-Refundable credits from line 5, Schedule C. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
8.
9. Balance of tax (line 7 less line 8) Enter the difference but not less than zero . . . . . . . . . . . . . . . . . . . . . . . . .
9.
10.
Payments: (a) Tax Withheld (Attach 1099s, I-290s, and/or W-2s)
(b) Paid by Declaration
(c) Paid with Tentative Return
(d) Credit from line 24b
11. Total Payments (add lines 10a through 10d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
11.
12. Balance of Tax Due (line 9 less line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
12.
13. Interest Due
Penalty Due
(See instructions for penalty and interest.) . . .
13.
14. TOTAL INCOME TAX, Interest and Penalty Due (add lines 12 and 13) . . . . . . . . . . . . . . . . . . . BALANCE DUE
14.
14-0804
15. OVERPAYMENT (line 11 less line 9)
To be applied as follows:
(a) Estimated Tax
(b) License Fee
(c) REFUNDED
15.
16. Total License Fee Due from Schedule K, line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
16.
(License Fee cannot be less than $25.00 per taxpayer)
17. Section 12-20-105 credit (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
17.
18. Total License Fee Due (subtract line 17 from line 16 but not less than zero). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18.
19. Payments: (a) Paid with Tentative Return
(b) Credit from line 15b
20. Total Payments (add line 19(a) and (b)) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20.
21. Balance of Fee Due (line 18 less line 20) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21.
22. Interest Due
Penalty Due
(See instructions for penalty and interest.)
22.
23. TOTAL LICENSE FEE, Interest and Penalty Due (add lines 21 and 22) . . . . . . . . . . . . . . . . . . BALANCE DUE
23.
14-0601
24. OVERPAYMENT (line 20 less line 18)
To be applied as follows:
(a) Estimated Tax
(b) Income Tax
(c) REFUNDED
24.
25. INCOME TAX and LICENSE FEE DUE (add lines 14 and 23) . . . . . . . . . . . . . . . . . . .
GRAND TOTAL DUE
25.
30971022

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