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Form TC-20S Fillable Small Business Corporation Franchise or Income Tax Return
(all forms fillable on Windows, Mac, Android tablets, and iPad using Adobe Reader XI)
3 Payroll Factor % of ownership in S Corp by shareholder (: no) Unchecked (: no) Unchecked (: Yes) Unchecked (: Yes) Unchecked (add line 21 and line 22) (add line 7 and line 8) (checkbox) Unchecked (checkbox) Unchecked (checkbox) Unchecked (checkbox) Unchecked (checkbox) Unchecked (checkbox) Unchecked (checkbox) Unchecked (checkbox) Unchecked (Clear form) Clear form (enter in Column A the amount from line 16 col C) (enter in Column A the amount from line 16 col D) (enter in Column A the amount from line 2 col C) (enter in Column A the amount from line 2 col D) (enter X in column B and 0 in column F) (not less than 0) (not less than zero) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) 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(text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) (text) 15 (use with TC 20 (use with TC 20 TC 20S (use with TC 20S TC 41 and TC 65) * Utah nonresidents see instructions to calculate amounts * Utah residents enter the amounts from federal Schedule K 1 1 Ordinary business income (loss) 1 Property Factor Inside Utah Inside and Outside Utah 1 Utah ordinary business income (loss) 10 Average asset value divide line 9 by 2 10 Recapture of Section 179 deduction 10 Utah recapture of Section 179 deduction 11 Double sales factor multiply line 6 by 2 11 Other income (loss) (describe) 11 Utah nonbusiness assets ratio line 10 Column A divided by line 10 Column B (to four decimal places) 11 Utah other income (loss) (describe) 12 Interest expense deducted in computing Utah taxable income (see instructions) 12 Section 179 deduction 12 Total factors add lines 2 4 and 11 12 Utah Section 179 deduction 13 Calculate the Apportionment Fraction to SIX DECIMALS 13 Contributions 13 Indirect related expenses for Utah nonbusiness income multiply line 11 by line 12 13 Utah contributions 14 Investment interest expense 14 Utah investment interest expense 15 Section 59(e)(2) expenditures 15 Utah Section 59(e)(2) expenditures 16 Foreign taxes paid or accrued 16 Total of column C and column D 17 Other deductions (describe) 17 Total non Utah nonbusiness income add column E for lines 15a through 15e 17 Utah other deductions (describe) 18 Utah nonrefundable credits enter name Code Credit Amount 18 Utah nonrefundable credits enter the name of the Utah credit 18a Line 15a above 18b Line 15b above 18c Line 15c above 18d Line 15d above 18e Line 15e above 19 Total direct related expenses add lines 18a through 18e 19 Utah refundable credits enter name Code Credit Amount 19 Utah refundable credits enter the name of the Utah credit 2 Net rental real estate income (loss) 2 Total of column C and column D 2 Utah net rental real estate income (loss) 20 Total Utah tax withheld on behalf of all shareholders from Schedule N column I 20 Utah tax withheld on behalf of shareholder 20321 20322 20323 20324 20325 20327 20328 20361 20362 20363 20364 21 31 32 33 48 49 51 (except Subsector 519) or 52 See Schedule J instructions for more information 21 Beginning of year assets 22 End of year assets 23 Sum of beginning and ending asset values 24 Average asset value divide line 23 by 2 25 Non Utah nonbusiness assets ratio line 24 Column A divided by line 24 Column B (to four decimal places) 25301 26 Interest expense deducted in computing non Utah taxable income (see instructions) 27 Indirect related expenses for non Utah nonbusiness income multiply line 25 by line 26 3 Other net rental income (loss) 3 Total Utah nonbusiness income add column E for lines 1a through 1e 3 Utah other net rental income (loss) 4a Line 1a above 4a U S government interest income 4a Utah U S government interest income 4b Line 1b above 4b Municipal bond interest income 4b Utah municipal bond interest income 4c Line 1c above 4c Other interest income 4c Utah other interest income 4d Line 1d above 4e Line 1e above 5 Ordinary dividends 5 Sales Factor 5 Total direct related expenses add lines 4a through 4e 5 Utah ordinary dividends 5% of income G 51 (except Subsector 519) or 52 (For unitary groups this must be for your sales everywhere 6 Royalties 6 Utah royalties 7 All entities enter your NAICS code here 7 Beginning of year assets 7 Net short term capital gain (loss) 7 Utah net short term capital gain (loss) 8 End of year assets 8 Net long term capital gain (loss) 8 Utah net long term capital gain (loss) 9 Calculate the Apportionment Fraction to SIX DECIMALS 9 Net Section 1231 gain (loss) 9 Sum of beginning and ending asset values 9 Utah net Section 1231 gain (loss) A B C D E A Sales Factor Weighted Taxpayer is a taxpayer having greater than 50 percent of total sales everywhere generated address All filers complete lines 18 through 20 if applicable All others complete Part 1 or Part 2 if electing to double weight the sales factor and Mineral Production Withholding Tax Credit on TC 675R 2013 Apportionable Income Factors Apportionment Fraction Apportionment fraction enter 1 000000 or TC 20 Schedule J line 9 13 or 14 if applicable Asset(s) Nonbusiness Income Nonbusiness Income attributable ax Commission Use Only beginning and ending Briefly describe the nature and location(s) of your Utah business activities: by all members of the unitary group ) by economic activities performed by the taxpayer and classified in any NAICS code except those in sections Check no : Check no : Check no : Column A Column B Column A Column B Combine amounts for the same codes Continued on page 2 Credit Amount Credits Received from Upper tier Pass through Entities TC 250 Date: Date: Description of direct expenses related to: Amount of Direct Expense Divide line 12 by 4 (or the number of factors present counting the sales factor twice) Divide line 8 by 3 (or the number of factors present) Do not include any pass through withholding or refundable credits on this schedule E times 5% ( 05) economic activities defined in NAICS codes that DO NOT begin with 21 31 32 33 48 49 Enter "1" to request a waiver for ALL shareholders (enter "X" in column B and "0" in column F for all shareholders) Enter "2" to request a waiver for SOME shareholders (enter "X" in column B and "0" in column F for those shareholders requested) Enter here and on TC 20S line 5 Enter here and on TC 20S line 6 Enter here and on TC 20S Schedule A line 17 Enter on: Enter on: TC 20 Schedule A line 7; Enter the date and amount of any extension prepayment If paid by check enter the check number Enter the date and amount of any prepayment for the filing period If paid by check enter the check number Enter the fraction from line 9 line 13 or line 14 above as follows: Enter these credits on Utah TC 20S Sch K line 18 or TC 41 Sch A Part 3 or 4 or TC 65 Sch K line 17 using the credit code above Enter these credits on Utah TC 20S Sch K line 19 or TC 41 Sch A Part 5 or TC 65 Sch K line 18 using the credit code above entity EIN from Utah Name of upper tier pass through entity Credit credit from entity EIN from Utah Name of upper tier pass through entity Credit UT refundable credit Extension prepayment Date: F less G and H Federal Amount For calendar year 2013 or fiscal year (mm/dd/yyyy): from Utah Sch K 1 from Utah Schedule K 1 box B has no nexus (corporation not taxable in buyer s state) Income (loss) Indirect Related Expenses for Total Assets Used to Produce Total Assets information below to calculate the Utah withholding tax for these shareholders Instructions List ONLY qualified subchapter S corporations incorporated qualified or doing business in Utah Attach additional Schedules M if needed Mineral production Mineral production I mm/dd/yyyy mm/dd/yyyy mm/dd/yyyy mm/dd/yyyy mm/dd/yyyy Name of shareholder Non Utah Nonbusiness Income Non Utah Nonbusiness Income Nonbusiness Asset(s) Nonbusiness Income Nonbusiness Income Nonbusiness Income Non Utah Used to Produce Non Utah Used to Produce Non Utah Income Nonbusiness Income Utah Nonbusiness Used to Produce Utah Used to Produce Utah Note: Note: Complete Part 3 below if more than 50 percent of your total sales everywhere are from Note: Failure to complete this form may result in disallowance of the nonbusiness income Note: This amount must be paid by the due date of the return without extensions Note: To complete lines 1 through 17: Note: Use this schedule only if the entity does business in Utah and one or more other states and income must be apportioned to Utah of Utah Income Deductions and Credits 2013 otal nonbusiness income add lines 6 through 8 otal of all prepayments add lines 3a through 3d otal payments otal prepayments add lines 1 through 3 otal tax otal Utah income (loss) allocated to pass through entity taxpayers Other Information Other prepayments (attach additional pages if necessary) Overpayment Overpayment applied from prior year Part 1 Utah Nonbusiness Income (nonbusiness income allocated to Utah) Part 1 Utah Nonrefundable Credits Received from Upper tier Pass through Entities Part 1: Equally weighted Three Factor Formula Election Part 2 Non Utah Nonbusiness Income (nonbusiness income allocated outside Utah) Part 2 Utah Refundable Credits Received from Upper tier Pass through Entities Part 2: Double weighted Sales Factor Formula Election Part 3 Utah Mineral Production Withholding Tax Credit Received on TC 675R Part 3: Sales Factor Weighted Taxpayers Only (see instructions below for those who qualify)* Percent of ownership: Producer EIN from withholding from Refund S Corporation Information S corporation s EIN: S corporation s name address city state and ZIP code: S corporation with nonresident individual shareholders resident business shareholders and/or nonresident business shareholders must complete Sales Factor Weighted Taxpayers complete only Part 3 below (see instructions) Sch K 1 box A Sch K 1 box A from Utah Schedule K 1 box B Code Utah Sch K 1 Schedule A Utah Taxable Income for Pass through Entity Taxpayers Schedule E Prepayments of Any Type Schedule H Non Utah Nonbusiness Income Net of Expenses TC 20 Sch H Pg 2 Schedule H Utah Nonbusiness Income Net of Expenses TC 20 Sch H Pg 1 Schedule J Apportionment Schedule Schedule J Apportionment Schedule TC 20 Sch J Pg 1 Schedule K 1 Shareholder s Share TC 20S Sch K 120326 Schedule K Shareholders Pro Rata Share Items TC 20S Sch K Schedule N Pass through Entity Withholding Tax TC 20S Sch N See Schedule N instructions for liability responsibilities when requesting a waiver Shareholder Information Shareholder s name address city state and ZIP code: Shareholder s Share of Utah Income Deductions and Credits Shareholder s SSN or EIN: SSN or EIN of shareholder Subsidiary Corporations Supplemental information to be Supplied by All S Corporations TC 20S Tax Due TC 20 filers: Enter on TC 20 Schedule A line 12 TC 20 Sch J TC 20 Schedule A line 6; TC 20MC and TC 65) TC 20MC filers: Enter on TC 20MC Schedule A where indicated TC 20S TC 20S and TC 65) TC 20S filers: Enter on TC 20S Schedule A line 11 TC 20S Sch A TC 20S Sch E TC 20S Schedule A line 7; or TC 20S Schedule A line 8; or TC 65 filers: Enter on TC 65 Schedule A line 14 TC 65 Schedule A line 10 TC 65 Schedule A line 11 TC 675R box 2 Producer s name from TC 675R box 1 TC 675R box 6 through withholding to be paid bythis corporation to Utah Total Due Pay this amount Total factors add lines 2 4 and 6 8 Type of Non Utah Acquisition Date of Beginning Value of Investment Ending Value of Investment Non Utah Nonbusiness Type of Utah Acquisition Date of Beginning Value of Investment Ending Value of Investment Utah Nonbusiness Income Upper tier pass Upper tier pass through Upper tier pass through UT nonrefundable Utah Amount Utah Incorporation/ Acquisition Date Utah Nonbusiness Income Utah Nonbusiness Income Utah S Corporation Return withholding credit Withholding tax Withholding waiver for this shareholder WITHHOLDING WAIVER REQUEST under 59 10 1403 2(5):