Form Tc-20 - Utah Corporation Franchise Or Income Tax Return Instructions - 2011 Page 8
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25TC-20 – Utah Corporation Franchise
or Income Tax Return Instructions
Corporation Name & Address
To qualify for a refund or credit, an amended return must
be fi led within the later of three years after the original
Enter the corporation name, address and telephone
return was due or two years from the date the tax was
number, including area code. If the address has
paid. A return fi led before the due date is considered
changed, check the physical address and/or mailing
fi led on the due date.
address box. To make additional changes, see Corpora-
To amend a previously fi led return, enter on page 1 of
tion Changes in the General Instructions.
the Utah return on the line titled “AMENDED RETURN”
Zip Code
a code number that best corresponds to your “REASON
FOR AMENDING.” See codes below.
Enter your ZIP Code, including the “plus four” at the
end, without a hyphen.
Reason-for-Amending Codes
Foreign Country
1 You fi led an amended federal return with the IRS.
Attach a copy of your amended federal return.
If your address is in a foreign country, enter the mailing
2 You made an error on your Utah return. Attach an
address where indicated. Enter the foreign city, state/
explanation of the error.
province and postal code in the city fi eld. Abbreviate if
3 Your federal return was changed by an IRS audit
necessary. Leave the State and ZIP Code fi elds blank.
or adjustment that affects your Utah return. Attach
Enter only the foreign country name in the “Foreign
a copy of the IRS adjustment.
country” fi eld. This is a Postal Service requirement.
4 Other. Attach explanation to return.
EIN and Utah Incorporation/
Enter the corrected fi gures on the return and/or sched-
ule. Enter all other amounts as shown on your original
Qualification Number
return. If you received a refund on your original return,
Enter your Federal Employer Identifi cation Number
subtract the previous refund (exclude refund interest)
(EIN) and Utah Incorporation/Qualifi cation Number
from the amount of any tax paid with the original return
issued by the Department of Commerce in the ap-
and/or subsequent payments of the tax prior to fi ling
propriate fi elds.
the amended return. Enter the net amount on Schedule
A, page 2, line 29. A net refund should be entered as
a negative amount (preceded by a minus sign).
Filing Period
File using the 2011 return for calendar year 2011 and
Federal Form 8886
fi scal years beginning in 2011 and ending in 2012. If
the return is for a fi scal year or a short tax year (less
If you fi led federal form 8886, Reportable Transactions
than 12 months), fi ll in the tax year beginning and end
Disclosure Statement, with the Internal Revenue Service,
dates at the top of the form using the mm/dd/yyyy format.
enter an “X” at the top of TC-20, where indicated.
Amended Returns
Line-by-Line Instructions
Do not submit a copy of your original return with
Line 1
your amended return.
Enter an “X” on line 1 if this corporation conducted
business in Utah during the taxable year.
To amend a previously fi led return, use the tax forms and
instructions for the year you are amending. You can get
Line 2
prior year forms and instructions at tax.utah.gov/forms.
Enter an “X” on line 2 if the federal form 1120 fi led for
Amend your return if:
the same tax period was a consolidated return.
• you discover an error on your Utah or federal return
Line 3
after it has been fi led, or
Enter an “X” to indicate whether the return is:
• your federal return is audited or adjusted by the
a. A water’s edge combined report, or
IRS and the audit or adjustment affects your Utah
b. A water’s edge election made under UC §59-7-402(2), or
return. You must amend your Utah return within 90
days of the IRS’s fi nal determination.
c. A worldwide combined report.
Do not submit an amended return for the purpose
See Combined Reports in the General Instructions for
of claiming a loss carryback. Submit form TC-20L,
information on the proper fi ling method.
Utah Application for Refund from a Corporation
Loss Carryback, to claim any refund resulting from
a Utah net loss carryback.
Page 6
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