Form 512-S - Corporation Income Tax Return - Oklahoma Small Business - 2015 Page 2
Download a blank fillable Form 512-S - Corporation Income Tax Return - Oklahoma Small Business - 2015 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 512-S - Corporation Income Tax Return - Oklahoma Small Business - 2015 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
52015 Form 512-S - Page 2
Part 2:
Ordinary Income from Trade or Business
Complete Column A. Column B should be completed by S Corporations whose income is all within Okla-
homa and/or by those whose income is partly within and partly without Oklahoma (not of a unitary nature).
Column A
Column B
CAUTION: Include only trade or business income and expenses on lines 1a through 21 below.
As reported on
Total applicable
Federal Return
to Oklahoma
1
a. Gross receipts or sales ................ $ ________________
00
00
b. Minus returns and allowances ..... $ _________________ ..........................
1
00
00
2
Cost of goods sold and/or operations .................................................................
2
00
00
3
Gross profit (subtract line 2 from line 1) .............................................................
3
00
00
4
Net gain (loss) (Form 4797 Part II, line 17) ........................................................
4
00
00
5
Other income (loss) (enclose schedule) .............................................................
5
00
00
Total income (loss) (add lines 3 through 5) .......................................................
6
6
00
00
7
Compensation of officers ....................................................................................
7
00
00
8
Salaries and wages ............................................................................................
8
00
00
9
Repairs and maintenance...................................................................................
9
00
00
10
Bad debts ...........................................................................................................
10
00
00
11
Rent ....................................................................................................................
11
00
00
12
Taxes and licenses .............................................................................................
12
00
00
13
Interest................................................................................................................
13
00
00
14
Depreciation .......................................................................................................
14
00
00
15
Depletion (do not deduct oil and gas depletion) .................................................
15
00
00
16
Advertising ..........................................................................................................
16
00
00
17
Pension, profit-sharing, etc. plans ......................................................................
17
00
00
18
Employee benefit programs................................................................................
18
00
00
19
Other deductions (enclose schedule) ................................................................
19
00
00
Total deductions (add lines 7 through 19) ........................................................
20
20
Ordinary Income (Loss) from trade or business:
21
00
00
Subtract line 20 from line 6. Enter here and below on Part 3, line 1 ..................
21
Part 3:
Shareholders’ Pro Rata Share Items
Column A
Column B
As reported on
Total applicable
Income
Federal Return
to Oklahoma
(lines 1 through 11)
00
00
1
Ordinary income (loss) from trade or business (from above on Part 2, line 21)
1
00
00
2
Net income (loss) from rental real estate activity(ies) (enclose schedule) .........
2
00
00
3
Net income (loss) from other rental activity(ies) (enclose schedule) ..................
3
4
Interest income
00
00
a: Interest on loans, notes, mortgages, bonds, etc. ..........................................
4a
00
b: Interest on obligations of a state or political subdivision ...............................
4b
00
c: Interest on obligations of the United States ..................................................
4c
00
00
d: Other interest income ....................................................................................
4d
00
00
5
Dividend income .................................................................................................
5
00
00
6
Royalties .............................................................................................................
6
00
00
7
Net short-term capital gain (loss) (Schedule D, 1120-S) ....................................
7
00
00
8
Net long-term capital gain (loss) (Schedule D, 1120-S) .....................................
8
00
00
9
Net gain (loss) under Section 1231 (other than due to casualty or theft) ...........
9
00
00
10
Other (enclose schedule) ...................................................................................
10
00
Total income (add lines 1 through 10) ...............................................................
00
11
11
Deductions
(lines 12 through 17)
00
00
12
Section 179 deduction (enclose schedule) .........................................................
12
00
00
13
Contributions ......................................................................................................
13
00
00
14
Deductions related to portfolio income ...............................................................
14
00
00
15
Intangible drilling costs .......................................................................................
15
00
00
16
Other deductions authorized by law (enclose schedule) ....................................
16
Total Deductions (add lines 12 through 16) ......................................................
00
00
17
17
Total
(line 18)
00
00
18
Net distributable income (line 11 minus line 17) .................................................
18
If Federal and Oklahoma distributable net incomes are the same, please see instructions on page 5 of packet.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial