Form It-20np - Nonprofit Organization Unrelated Business Income Tax Booklet - 2012 Page 11
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22Personal Representative Information
Note: If a taxpayer’s annual liability exceeds $2,500, filing
quarterly estimated payments to remit 25 percent of the estimated
Typically, the Department contacts you if there are any
annual tax liability is required.
questions or concerns about your tax return. If you want
the Department to be able to discuss your tax return with
Line 23. Enter any interest due. Contact the Department for
someone else (such as the person who prepared it or a
the current rate of interest charged by calling (317) 232-0129 or
designated person), you must complete this area.
getting Departmental Notice #3 from our website at
First, you must check the “Yes” box that follows the sentence
“I authorize the Department to discuss my tax return with my
Line 24. Enter the penalty amount that applies:
personal representative. ”
A. If the return with payment is made after the original due
Next, enter:
date, a penalty that is the greater of $5 or 10 percent of the
•
The name of the individual you are designating as
balance of tax due on line 21 must be entered. The penalty
your personal representative;
for paying late is not imposed if all three of the following
•
The individual’s telephone number; and
conditions are met:
•
The individual’s complete address.
(1) A valid extension of time to file exists;
If you complete this area, you are authorizing the Department
(2) At least 90 percent of the tax liability was paid
to be in contact with your personal representative, other than
by the original due date; and
you, concerning information about this tax return. After your
(3) The remaining tax is paid by the extended due
return is filed, the Department will communicate primarily
date.
with your designated personal representative.
B. If the return showing no tax liability on line 17 is filed late,
a penalty for failure to file by the due date will be $10 per
Note: You can decide at any time to revoke the authorization
day that the return is past due, up to a maximum of $250.
for the Department to be in contact with your personal
representative. If you do, you must tell us that in a signed
Line 27. Total payment due. Add lines 23 through 26. Make
statement. Include your name, your Social Security number,
a separate payment for each return filed. Payments to the
and the year of your tax return. Mail your statement to
Department must be made with U.S. funds.
Indiana Department of Revenue, P.O. Box 7206, Indianapolis,
IN 46207-7206.
Line 28. Overpayment - Enter the result of line 22 minus lines 17,
24, 25, and 26.
Paid Preparer Information
Fill out this area if a paid preparer completed this tax return.
Line 29. Enter the portion of the overpayment to be refunded.
Note: This area needs to be completed even if the paid
Line 30. If electing to credit all or a portion of the overpayment to
preparer is the same individual designated as your personal
the following year’s estimated adjusted gross income tax account,
representative.
enter the amount of the overpayment to be applied.
The paid preparer must provide:
The sum of lines 29 and 30 must equal the amount of the total
•
The name and address of the firm that he/she
overpayment on line 28. If the overpayment is reduced due to
represents;
an error on the return or an adjustment by the Department, the
•
His/her identification number (this must be his/her
amount to be refunded, line 29, will be corrected before any
PTIN; do not enter his/her federal ID number or
changes are made to the amount on line 30. Any refund due may
Social Security number);
be applied to other liabilities under IC 6-8.1-9-2(a) and IC 6-8.1-9-5.
•
His/her telephone number;
•
His/her complete address; and
Certification of Signatures and
•
His/her signature with date.
Authorization Section
Be sure you keep a copy of your completed return.
Be sure to sign, date, and print your name on the return. If a
paid preparer completes your return, you can authorize the
Mailing Options
Department to discuss your tax return with the preparer by
Please mail your completed return to:
checking the authorization box above the signature line.
Indiana Department of Revenue
P.O. Box 7228
An officer of the organization must show his/her title and sign
Indianapolis, IN 46207-7228
and date the tax return. Please enter your daytime telephone
number so we can call you if we have any questions about your
tax return. Also, enter your email address if you would like us to
contact you via email.
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