Form 4892 - Michigan Corporate Income Tax Amended Return

4892, Page 2

Taxpayer FEIN

PART 1: CORPORATE INCOME TAX (Continued)

A. As Originally Filed

or Previously Amended

B. Correct Amount

Subtractions from Business Income

27. Income from non-unitary FTEs (Enter loss as a negative;

include Form 4898; see instructions) ............................................................. 27.

28. Dividends and royalties received from persons other than U.S. persons

and foreign operating entities ....................................................................... 28.

29. Interest income derived from United States obligations .................................. 29.

30. Income from the production of oil and gas, and/or minerals

(see instructions) .......................................................................................... 30.

31. Miscellaneous (see instructions) ..................................................................... 31.

32. Total Subtractions from Income. Add lines 27 through 31 ............................

32.

33. Corporate Income Tax Base. Subtract line 32 from line 26.

If negative, enter as a negative .................................................................... 33.

34. Apportioned Corporate Income Tax Base. Multiply line 33 by percentage

on line 9g ...................................................................................................... 34.

35. Apportioned Income from non-unitary FTEs from Form 4898

(see instructions) .............................................................................................. 35.

36. Total apportioned Corporate Income Tax Base. Add line 34 and line 35 .......

36.

37a. Available CIT business loss carryforward (see instructions). Enter as a

positive number ............................................................................................ 37a.

Check if any loss on line 37a was acquired in this filing period in an

37b.

IRC 381(a)(1) or (2) transaction (see instructions)

38. Subtract line 37a from line 36. If negative, enter here as a negative. A

negative number here is the available business loss carryforward to the

next filing period (see instructions) ............................................................... 38.

39. Corporate Income Tax Before Credit. Multiply line 38 by 6% (0.06).

If less than zero, enter zero ............................................................................. 39.

PART 2: TOTAL CORPORATE INCOME TAX

40. Small Business Alternative Credit (SBAC) from Form 4893, line 14

or line 18, whichever applies ........................................................................ 40.

41. Tax Liability after SBAC. Subtract line 40 from line 39. If less than or

equal to $100, enter zero. If apportioned or allocated gross receipts are

less than $350,000, enter zero. (See instructions.) ...................................... 41.

42. Recapture of Certain Business Tax Credits from Form 4902, line 20 ............. 42.

43. Total Tax Liability. Add lines 41 and 42 .........................................................

43.

PART 3: PAYMENTS AND TAX DUE —

UBGs include on lines 44

through 47 payments from all members as reported on Form 4897.

44. Overpayment credited from prior period return (MBT or CIT) ......................... 44.

45. Estimated tax payments................................................................................... 45.

46. Flow-Through Withholding payments .............................................................. 46.

47. Tax paid with request for extension ................................................................. 47.

48. Amount paid with original return plus additional tax paid after original return was filed ..................................

48.

49. Add line 44, column B, through line 47, column B, and line 48 .......................................................................

49.

50. Overpayment, if any, received on the original return or previous amended return ..........................................

50.

0000 2014 14 02 27 0

Continue and sign on Page 3

Form 4892 - Michigan Corporate Income Tax Amended Return - 2014 Page 2

Related Articles

Related forms

Related Categories