Form Cd-405 - C Corporation Tax Return - 2014 (Page 2 of 7) in pdf

CD-405

Corporation Tax Return 2014

Web

North Carolina Department of Revenue

10-14

Submit forms in the following order: CD-V, NC-478VJ, CD-479, NC-478, NC-478 series, CD-405, followed by CD-425

For calendar year 2014 or

1 4

and ending

DOR

other tax year beginning

(MM-DD)

(MM-DD-YY)

Use Only

Federal Employer ID Number

Legal Name (First 35 Characters)

(USE CAPITAL LETTERS FOR YOUR NAME AND ADDRESS)

Address

Secretary of State ID

NAICS Code

City

State

Zip Code

Gross Receipts / Sales

Initial Return

Amended Return

Captive REIT

Total Assets per Balance Sheet

Tax Exempt-Nonprofit

Fill in all

Final Return

NC-478 is attached

applicable

Short Year Return

Non U.S./Foreign

CD-479 is attached

circles:

Combined Return

Fed Sch M-3 is attached

Has Escheatable Property

N.C. Education Endowment Fund: You may contribute to the N.C. Education Endowment Fund by making a contribution or designating some or

all of your overpayment to the Fund. To make a contribution, enclose Form NC-EDU and your payment of $ _____________________________.

To designate your overpayment to the Fund, enter the amount of your designation on Page 2, Line 42. See instructions for information about the Fund.

1. Capital Stock, Surplus, and Undivided Profits

Holding

(From Schedule C, Line 13)

Company

Exception

2. Investment in N.C. Tangible Property

(See instructions)

(From Schedule D, Line 8)

3. Appraised Value of N.C. Tangible Property

(From Schedule E, Line 2)

4. Taxable Amount

Line 1, 2, or 3, whichever is greatest

5. Total Franchise Tax Due

Multiply Line 4 by .0015 ($1.50 per $1,000.00 - minimum $35.00)

6. Payment with Franchise Tax Extension

(From Form CD-419, Line 9)

When filing an amended return, see instructions.

7. Tax Credits

(From Form CD-425, Part 2, Line 11)

If a tax credit is claimed on Line 7, Form CD-425 MUST be attached.

If the sum of Line 6 plus 7 is less

8. Franchise Tax Due -

than Line 5, enter difference here and on Page 2, Line 33

If the sum of Line 6 plus 7 is

9. Franchise Tax Overpaid -

more than Line 5, enter difference here and on Page 2, Line 33

10. Federal Taxable Income Before NOL

10.

Example:

If amount on Line 10-12,

(From Schedule G, Line 30 or Federal Form 1120,

14-16, or 18-20

Line 28 minus 29b)

is negative, fill in circle.

11.

11. Adjustments to Federal Taxable Income

(From Schedule H, Line 5)

12. Net Income Before Contributions

12.

Add (or subtract) Lines 10 and 11

13.

13. Contributions to Donees Outside N.C.

(From Schedule I, Line 1c)

14. N.C. Taxable Income

14.

Line 12 minus Line 13

15.

15. Nonapportionable Income

(From Schedule N, Line 1)

16.

Apportionable Income

16.

Line 14 minus Line 15

Enter to four decimal places

Apportionment Factor -

17.

(From Schedule O, Part 1; Part 2 - Line 15; Part 3; or Part 4)

Income Apportioned to N.C.

18.

Multiply Line 16 by factor on Line 17

19.

Nonapportionable Income Allocated to N.C.

19.

(From Schedule N, Line 2)

20.

Income Subject to N.C. Tax

20.

Add Lines 18 and 19

21.

Percentage Depletion over Cost Depletion on N.C. Property

(See Instructions)

MAIL TO: N.C. Dept. of Revenue, P.O. Box 25000, Raleigh, N.C. 27640-0500. Returns are due by the 15th day of the 4th month after the end of the income year.

Form Cd-405 - C Corporation Tax Return - 2014 Page 2

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