Form 41s - Idaho S Corporation Income Tax Return

2006

41S

IDAHO S CORPORATION INCOME TAX RETURN

EFO00028

8-29-06

State use only

AMENDED RETURN, check the box.

For calendar year

Day

Year

Day

Year

See instructions, page 10 for the reasons

2006, or fiscal

ending

for amending and enter the number.

year beginning

Business name

State use only

Federal employer identification number

Business mailing address

City, State and Zip Code

Do you need Idaho

Yes

F M

income tax forms

mailed to you next year?

Yes

Did the corporate name change? If yes, enter the previous name.

If a federal audit was finalized this year, enter the latest year audited. ...................................

Yes

Is this an inactive corporation or nameholder corporation? ...........................................................................

Yes

a. Were federal quarterly estimated payments required? .............................................................................

Yes

b. Were quarterly estimated payments based on annualized amounts? .....................................................

Yes

Is this a final return? ........................................................................................................................................

If yes, check the proper box below and enter the date the event occurred.

Enter new FEIN

Withdrawn from Idaho

Dissolved

Merged or reorganized

Is this an electrical or telephone utility? ..........................................................................................................

Yes

Did the ownership change during the year? ...................................................................................................

Yes

Enter the amount of credit for qualifying new employees earned this tax year. .............................................

Enter the amount of investment tax credit earned this tax year. .....................................................................

10.

Enter the amount of broadband equipment investment credit earned this tax year. .....................................

11.

Enter the amount of credit for Idaho research activities earned this tax year. ................................................

12.

Did you claim the property tax exemption for investment tax credit property acquired this tax year?

Yes

INCOME

13.

Ordinary income (loss). Form 1120S, page 1 ........................................................................................

14.

Net income (loss) from rental real estate activities. Form 1120S, Schedule K ...........................................

15.

Net income (loss) from other rental activities. Form 1120S, Schedule K ...................................................

16.

Portfolio income (loss). Form 1120S, Schedule K ................................................................................

17.

Other income (loss). Form 1120S, Schedule K .....................................................................................

18.

Net distributable income. Add lines 13 through 17.

ADDITIONS

19.

Interest and dividends not taxable under Internal Revenue Code .........................................................

20.

State, municipal and local taxes measured by net income. Attach a schedule. ...................................

21.

Bonus depreciation. Attach computations. .............................................................................................

22.

Other additions ........................................................................................................................................

23.

Add lines 18 through 22.

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

SUBTRACTIONS

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

Interest from Idaho municipal securities .....................................................

24.

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

25.

Interest on U.S. Government obligations. Attach a schedule. ........................

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

26.

Interest and other expenses related to lines 24 and 25 ..................................

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

27.

Add lines 24 and 25, and subtract line 26. ................................................................................................

28.

Technological equipment donation ........................................................................................................

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

29.

Allocated income. Attach a schedule. ............................................................

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

30.

Interest and other expenses related to line 29. Attach a schedule. ................

1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2 3 4 5 6 7 8 9 0 1 2

31.

Subtract line 30 from line 29. ....................................................................................................................

32.

Bonus depreciation. Attach computations. ............................................................................................

33.

Other subtractions ...................................................................................................................................

Total subtractions. Add lines 27, 28, 31, 32 and 33. ..............................................................................

34.

35.

Net business income subject to apportionment. Subtract line 34 from line 23.

{_?¦}

MAIL TO: Idaho State Tax Commission, PO Box 56, Boise ID 83756-0056

ATTACH A COMPLETE COPY OF YOUR FEDERAL FORM 1120S.