Form 41S Idaho S Corporation Income Tax Return

1 Did the corporation include Idaho Form PTE 12 with this return? Yes No 10 Enter the amount of credit for Idaho research activities earned this tax year 11 Enter the amount of biofuel infrastructure investment tax credit earned this tax year 12 Did you claim the property tax exemption for investment tax credit property acquired this tax year? Yes No 13 Ordinary income (loss) Form 1120S page 1 13 14 Net income (loss) from rental real estate activities Form 1120S Schedule K 14 15 Net income (loss) from other rental activities Form 1120S Schedule K 15 16 Portfolio income (loss) Form 1120S Schedule K 16 17 Bonus depreciation Include computations 17 18 Other items See instructions 18 19 Net distributable income Add lines 13 through 18 19 2 If a federal audit was finalized this year enter the latest year audited 20 Interest and dividends not taxable under Internal Revenue Code 20 21 State municipal and local taxes measured by net income Include a schedule 21 22 Other additions 22 23 Add lines 19 through 22 23 24 Interest from Idaho municipal securities 24 25 Interest on U S Government obligations Include a schedule 25 26 Interest and other expenses related to lines 24 and 25 26 27 Add lines 24 and 25 and subtract line 26 27 28 Technological equipment donation 28 29 Allocated income Include a schedule 29 3 Is this an inactive corporation or nameholder corporation? Yes No 30 Interest and other expenses related to line 29 Include a schedule 30 31 Subtract line 30 from line 29 31 32 Bonus depreciation Include computations 32 33 Other subtractions 33 34 Total subtractions Add lines 27 28 31 32 and 33 34 35 Net business income subject to apportionment Subtract line 34 from line 23 35 36 Net business income subject to apportionment Enter the amount from line 35 36 37 Corporations with all activity in Idaho enter 100% Multistate/multinational corporations 38 Net business income apportioned to Idaho Multiply line 36 by the percent on line 37 38 39 Income allocated to Idaho See instructions 39 4 a Were federal estimated tax payments required? Yes No 40 S corporation income of shareholders exempt from backup withholding 40 41 S corporation income of shareholders filing and reporting income to Idaho 41 42 Taxable income Add lines 38 and 39 subtract lines 40 and 41 42 43 Idaho income tax Multiply line 42 by 7 4% 43 44 Credit for contributions to Idaho educational entities 44 45 Credit for contributions to Idaho youth and rehabilitation facilities 45 46 Total business income tax credits from Form 44 Part I line 12 47 Total credits Add lines 44 through 46 47 48 Subtract line 47 from line 43 If line 47 is greater than line 43 enter zero 48 49 Minimum tax See instructions if the S corporation owes federal tax 49 5 Is this a final return? Yes No 50 Permanent building fund tax See instructions 50 51 Total tax from recapture of income tax credits from Form 44 Part II line 7 Include Form 44 51 52 Fuels tax due Include Form 75 52 53 Sales/Use tax due on Internet mail order and other nontaxed purchases 53 54 Tax from recapture of qualified investment exemption (QIE) Include Form 49ER 54 55 Total tax Add lines 48 through 54 55 56 Underpayment interest Include Form 41ESR 56 57 Donation to Opportunity Scholarship Program 57 58 Add lines 55 through 57 58 59 Estimated tax payments 59 6 Is this an electrical or telephone utility? Yes No 60 Special fuels tax refund Gasoline tax refund Include Form 75 60 61 Hire One Act credit Include Form 72 61 62 Total payments and other credits Add lines 59 through 61 62 63 Tax due Subtract line 62 from line 58 63 64 Penalty Interest from due date Enter total 64 65 TOTAL DUE Add line 63 and line 64 66 Overpayment Subtract line 58 from line 62 66 67 REFUND Amount of line 66 you want refunded to you 68 ESTIMATED TAX Amount you want credited to your 2013 estimated tax 69 Total due (line 65) or overpayment (line 66) on this return 69 7 Did the ownership change during the year? Yes No 70 Refund from original return plus additional refunds 70 71 Tax paid with original return plus additional tax paid 71 72 Amended tax due or refund Add lines 69 and 70 and subtract line 71 72 8 Enter the amount of investment tax credit earned this tax year 9 Enter the amount of broadband equipment investment credit earned this tax year a Is this a composite return? Yes No b Were estimated tax payments based on annualized amounts? Yes No complete and attach Form 42 Enter the apportionment factor from Form 42 Part I line 21 37 EFO00028p2 11 06 12 Form 41S Page 2 If yes check the proper box below and enter the date the event occurred Include Form 44 46 Signature of officer Date Subtract line 67 from line 66 68 Title Phone number Under penalties of perjury I declare that to the best of my knowledge and belief this return is true correct and complete Withdrawn from Idaho Dissolved Merged or reorganized Enter new FEIN Within 180 days of receiving this return the Idaho State Tax Commission may discuss this return with the paid preparer identified below {"7? } {"7A } 11 06 12 ADDITIONS Address and phone number AMENDED RETURN check the box AMENDED RETURN ONLY Complete this section to determine your tax due or refund Business mailing address Business name State use only Federal employer identification number City State and Zip Code CREDITS EFO00028 ending for amending and enter the number For calendar year 2012 or fiscal IDAHO S CORPORATION INCOME TAX RETURN If line 58 is more than line 62 GO TO LINE 63 If line 58 is less than line 62 GO TO LINE 66 INCLUDE A COMPLETE COPY OF YOUR FEDERAL FORM 1120S INCOME MAIL TO: Idaho State Tax Commission PO Box 56 Boise ID 83756 0056 Mo Day Year OTHER TAXES Paid preparer's signature Preparer's EIN SSN or PTIN PAYMENTS AND OTHER CREDITS REFUND OR PAYMENT DUE See instructions page 11 for the reasons State use only SUBTRACTIONS year beginning