Instructions for Form IT-20 Indiana Corporate Adjusted Gross Income Tax Return - Indiana

Form IT-20 (State Form 44275) Indiana Corporate Adjusted Gross Income Tax Return - Indiana

This document contains official instructions for Form IT-20 , Indiana Corporate Adjusted Gross Income Tax Return - a form released and collected by the Indiana Department of Revenue. An up-to-date fillable Form IT-20 (State Form 44275) is available for download through this link.

FAQ

Q: What is Form IT-20?
A: Form IT-20 is the Indiana Corporate Adjusted Gross Income Tax Return.

Q: Who needs to file Form IT-20?
A: All corporations doing business in Indiana, including those incorporated in Indiana, must file Form IT-20.

Q: What information is required to complete Form IT-20?
A: You will need to provide information about your corporation's income, deductions, and credits.

Q: When is Form IT-20 due?
A: Form IT-20 is due on or before the 15th day of the 4th month following the close of the tax year.

Q: Are there any extensions available for filing Form IT-20?
A: Yes, you can request an extension of time to file Form IT-20, but the payment of tax owed must still be made by the original due date.

Q: Is there a separate form for federal tax purposes?
A: Yes, Form IT-20 is specific to Indiana corporate income tax. You will also need to file a separate federal income tax return.

Q: Are there any penalties for late filing or payment?
A: Yes, there are penalties for late filing and late payment of tax owed. It is important to file and pay on time to avoid these penalties.