Form Cd-401s - S Corporation Tax Return - 2014 (Page 2 of 8) in pdf

CD-401S

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-401S, followed by CD-425

For calendar year 2014, or

and ending

1 4

DOR Use Only

other tax year beginning

(MM-DD)

(MM-DD-YY)

Legal Name (First 35 Characters)

(USE CAPITAL LETTERS FOR YOUR NAME AND ADDRESS)

Federal Employer ID Number

Address

Secretary of State ID

NAICS Code

City

State

Zip Code

Gross Receipts / Sales

Initial Return

Amended Return

Fed Sch M-3 is attached

Fill in all

Final Return

NC-478 is attached

Limited Liability Company

applicable

circles:

Short Year Return

CD-479 is attached

Has Escheatable Property

Qualified Subchapter S Subsidiary

(If yes, Enter Parent’s Name and FEIN below)

Total Assets per Balance Sheet

Yes

Parent Name

FEIN

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.

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

7. Tax Credits

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

8. Franchise Tax Due -

If the sum of Line 6 plus 7 is

less than Line 5, enter difference here and on Page 2, Line 28

9. Franchise Tax Overpaid -

If the sum of Line 6 plus 7 is

more than Line 5, enter difference here and on Page 2, Line 28

10. Shareholders’ Shares of Corporation Income (Loss)

10.

(From Schedule H, Line 11 or Federal Schedule K, Lines 1-10)

11. Adjustments to Corporation Income (Loss)

11.

(From Schedule I, Line 3)

If amount on Line 10-14

12. N.C. Taxable Income

12.

or 16-19 is negative, fill

Add (or subtract) Lines 10 and 11

in circle.

13. Nonapportionable Income

13.

Example:

(From Schedule N, Line 1)

14.

Apportionable Income

14.

Line 12 minus Line 13

15.

Apportionment Factor -

Enter to four decimal places

15.

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

16.

Income Apportioned to N.C.

16.

Multiply Line 14 by factor on Line 15

17.

Nonapportionable Income Allocated to N.C.

17.

(From Schedule N, Line 2)

18.

Total Net Taxable Income -

Add Lines 16 and 17

18.

(Composite filers complete Lines 19 - 23; all others skip to Line 24)

19. Amount of Line 18 Attributable to Nonresidents Filing Composite

19.

20. Separately Stated Items of Income Attributable to Nonresidents

20.

Filing Composite

(See instructions)

Form Cd-401s - S Corporation Tax Return - 2014 Page 2

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