Form It 4708 - Composite Income Tax Return For Certain Investors In A Pass-Through Entity - 2012 Page 2

Download a blank fillable Form It 4708 - Composite Income Tax Return For Certain Investors In A Pass-Through Entity - 2012 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 It 4708 - Composite Income Tax Return For Certain Investors In A Pass-Through Entity - 2012 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

IT 4708
Rev. 12/12
2012
Composite Income Tax
12160206
Return for Certain
FEIN
Investors in a
Pass-Through Entity
SCHEDULE I – TAXABLE INCOME, TAX, PAYMENTS AND NET AMOUNT DUE CALCULATIONS...cont.
15. Ohio forms IT 1140ES and IT 1140EXT payments transferred to this form and any payments made
.
00
with previously fi led return(s) for this taxable year
............................................................................. 15.
16. Deduct Ohio forms IT 4708ES and IT 4708EXT payments transferred to Ohio form IT 1140 and
00
.
deduct overpayments, if any, previously claimed for this taxable year
................................................ 16.
00
.
17. Total net Ohio estimated tax payments for 2012 (sum of lines 14 and 15 minus line 16)
................... 17.
00
.
18. Amount of 2011 overpayment credited to 2012 (see 2011 Ohio form IT 4708, line 22)
...................... 18.
00
.
19. Refundable business credits (see Schedule VI on page 7)
................................................................ 19.
00
.
................................................................................................................. 20.
20. Total of lines 17, 18 and 19
00
.
21. Overpayment, if any (line 20 minus the sum of lines 12 and 13, but not less than -0-)
...................... 21.
00
.
22. Amount of line 21 to be CREDITED to year 2013 tax liability (if this is an amended return, enter -0-)
......... 22.
00
.
23. Amount of line 21 to be REFUNDED (line 21 minus line 22)
.............................................................. 23.
00
.
24. Net amount due, if any (sum of lines 12 and 13 minus line 20, but not less than -0-)
........................ 24.
00
.
25. Interest and penalty due on late-paid tax and/or late-fi led return, if any
............................................. 25.
26. Total amount owed, if any (sum of lines 24 and 25). Make check payable to Ohio Treasurer of
00
.
State, include Ohio form IT 4708P and place FEIN on check ...........TOTAL AMOUNT OWED
26.
If your refund is less than $1.01, no refund will be issued. If you owe less than $1.01, no payment is necessary.
SIGN HERE (required)
I have read this return. Under penalties of perjury, I declare that, to the best of my knowledge and
For Department Use Only
belief, the return and all enclosures are true, correct and complete.
Pass-through entity offi cer or agent (please print)
,
,
Title of offi cer or agent (please print)
Phone number
Signature of pass-through entity offi cer or agent
Date
Preparer’s name (please print)
Phone number
Code
Do you authorize your preparer to contact us regarding this return? Yes
No
SCHEDULE II – INCOME AND ADJUSTMENTS
Items refl ected on lines 27-49 are the combined amounts from IRS Schedule K-1(s) for the taxable year for only those investors who are participat-
ing in the fi ling of this return. Attach to this return a copy of the applicable IRS form 1120S or 1065 and K-1(s) of participating investors. If the
amount below is negative, type a negative sign (“–”) before the fi gure.
00
.
27. Ordinary business income (loss)
................................................................................................27.
28. The investors’ shares of expenses and losses incurred in connection with all direct and
indirect transactions between the pass-through entity and its related members, including
certain investors’ family members (see “Important Notes” on page 8 of this return and see
line 28 instructions). However, do not add expenses or losses incurred in connection with
sales of inventory to the extent that the cost of the inventory and the loss incurred were
00
.
...................28.
calculated in accordance with Internal Revenue Code (I.R.C.) sections 263A and 482
29. Guaranteed payments that the pass-through entity made to each investor participating
in the fi ling of this return if such investor directly or indirectly owns at least 20% of the
00
.
pass-through entity. Reciprocity agreements do not apply (see instructions)
...............................29.
30. Compensation that the pass-through entity S corporation paid to each investor participat-
ing in the fi ling of this return if such investor directly or indirectly owns at least 20% of the
00
.
pass-through entity. Reciprocity agreements do not apply (see instructions)
..................................30.
2012 IT 4708
2012 IT 4708
pg. 2 of 7

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 8