Indiana Department of Revenue
2012
Form IT-20NP
Indiana Nonprofit Organization Unrelated Business Income Tax Return
Calendar Year Ending December 31, 2012 or
State Form 148
(R11 / 8-12)
Fiscal Year Beginning and Ending
2012
Check box if amended.
Check box if name changed.
Federal Identification Number (FID)
Name of Organization
Principal Business Activity Code
Number and Street
Indiana County or O.O.S.
City
State
ZIP Code
Telephone Number
( )
K Check all boxes that apply:
Initial Return
Final Return
In Bankruptcy
Schedule M
L Do you have on file a valid extension of time to file your return (federal Form 7004 or an electronic extension of time)? Yes
No
Due Date: 15th day of the fifth month following close of the tax year.
Adjusted Gross Income Tax Calculation on Unrelated Business Income
Round all entries
1. Unrelated business taxable income (before NOL) deduction and specific deduction from federal return
00
Form 990T (attach Form 990T); use minus sign for negative amounts . ......................................................... 1
00
2. Specific deduction (generally $1,000; see instructions) ..................................................................................
2
00
3. Interest on U.S. government obligations on the federal return less related expenses ...................................
3
00
4. Deduction for qualified patents income . ..........................................................................................................
4
00
5. Enter total from lines 2 through 4 .....................................................................................................................
5
00
6. Subtotal for unrelated business income (subtract line 5 from line 1) . .............................................................. 6
7. Indiana modifications. See instructions.
00
(Use a minus sign to denote negative amounts.) .................................................................................................. 7
8. Unrelated business income, as adjusted (add lines 6 and 7). (If not apportioning, enter same
00
amount on line 10.) . ........................................................................................................................................... 8
9. Enter Indiana apportionment percentage, if applicable, from line 9 of IT-20 Schedule E apportionment
.
%
00
(attach schedule) . .............................................................................................................................................. 9
00
10. Unrelated business apportioned to Indiana (multiply line 8 by line 9; otherwise, enter line 8 amount).......... 10
00
11. Enter Indiana NOL deduction without specific deduction (attach Schedule IT-20NOL; see instructions) ..... 11
00
12. Taxable Indiana unrelated business income (subtract line 11 from line 10) . .................................................. 12
00
13. Taxable income from other forms (Form 1120-POL) . ...................................................................................... 13
00
14. Subtotal (add lines 12 and 13) .......................................................................................................................... 14
00
15. Indiana tax on unrelated business income (multiply line 14 by tax rate). See instructions for line 15 ........ 15
00
16. Sales/use tax on purchases subject to use tax from Sales/Use Tax Worksheet ........................................... 16
00
17. Total tax due (add lines 15 and 16) . .................................................................................................Total Tax
17
Credit for Estimated Tax and Other Payments
00
18. Quarterly estimated tax paid:
18
Qrt. 1 Qrt. 2 Qtr. 3 Qtr. 4 Enter total
00
19. Amount paid with extension ............................................................................................................................. 19
00
20. Amount of overpayment credit (from tax year ending ) . ............................................................. 20
00
21. Enter name of other credit Code No. 21a
21b
00
22. Total credits (add lines 18, 19, 20, and 21) . .............................................................................. Total Credits
22
00
23. Balance of tax due (line 17 minus 22; if line 22 is greater than line 17, proceed to lines 24, 25, and 28) ..... 23
00
24. Penalty for the underpayment of income tax. Attach Schedule IT-2220 ........................................................ 24
Check box if using annualization method
00
25. Interest: If payment is made after the original due date, compute interest.......................................................... 25
26. Penalty: If paid late, enter 10% of line 23; see instructions. If line 17 is zero, enter $10 per day filed past
00
due date.. .......................................................................................................................................................... 26
00
27. Total payment due (add lines 23 through 26). (Payment must be made in U.S. funds) PAY THIS AMOUNT 27
00
28. Total overpayment (line 22 minus lines 17, 24-26) . ......................................................................................... 28
00
29. Amount of line 28 to be refunded ..................................................................................................................... 29
00
30. Amount of line 28 to be applied to the following year's estimated tax account ................................................ 30
You must go to the certification and authorization section on page 2 to complete this return.
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