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Form FIT-20 Indiana Department of Revenue
State Form 44623 Indiana Financial Institution Tax Return
(R22 / 8-23) For Calendar Year Ending December 31, 2023 or 2023
Fiscal Year Beginning 2023 and ending
Check box if amended Check box if amendment is due to a federal audit Check box if name changed
Name of Corporation Federal Employer Identification Number
Number and Street Principal Business Activity Code Foreign Country 2-Character Code
City State ZIP Code 2-Digit County Code Telephone Number
Check box if this is a state chartered credit union or an investment company registered under the Investment Company Act of 1940.
(Also see instructions for line 19 and FIT-20 Schedule E-U.)
L. Date of incorporation ____________ in the state of _______________ S. Check all boxes that apply:
M. State of commercial domicile ____________________ Initial Return Final Return In Bankruptcy REMIC
N. Year of initial Indiana return _____________________ T. Is this return filed on a combined basis? Yes No
O. Location of accounting records if different from above address: If yes, complete Schedule H.
________________________________________________________ U. Is this a separate return by a member of a unitary group?
P. Accounting method: Cash Accrual (See instructions on page 5.) Yes No
Q. Did the corporation make estimated tax payments using a different V. Do you have on file a valid extension of time to file your return (federal
Federal Employer Identification Number? Yes No Form 7004 or an electronic extension of time)? Yes No
List any other Federal Employer Identification Numbers on Schedule H. W. Are you a member of a partnership? Yes No
R. Is 80% or more of your gross income derived from making, acquiring, If you answer yes, see instruction page 5.
selling, or servicing loans or extensions of credit? Yes No
If you answer no, do not file this return; file Form IT-20.
Schedule A
Income: Round All Entries
1. Federal taxable income (before federal NOL and special deductions); use a minus sign for negative amounts ...... 1 00
2. Qualifying dividend deduction ................................................................................................................................... 2 00
3. Subtotal (Subtract line 2 from line 1) ......................................................................................................................... 3 00
Add back – Enter an amount equal to the deduction taken for:
4. Bad debts (IRC Sec. 166) (see instructions) ............................................................................................................. 4 00
5. Bad debt reserves for banks (IRC Sec. 585) ............................................................................................................. 5 00
6. Bad debt reserves (IRC Sec. 593) ............................................................................................................................ 6 00
7. Charitable contributions (IRC Sec. 170) .................................................................................................................... 7 00
8. All state and local income taxes ................................................................................................................................ 8 00
9. Net capital loss carryovers to the extent used in offsetting capital gains on federal Schedule D (IRC Sec. 1212)...... 9 00
10. Amount of interest excluded for state and local obligations (IRC Sec. 103)
minus the associated expenses (IRC Sec. 265) ....................................................................................................... 10 00
Other modifications to income (see instructions):
11A. Excess business interest deduction, add or subtract net amount ............................................................................. 11A 00
11B. Net bonus depreciation, add or subtract net amount ................................................................................................ 11B 00
11C. Excess IRC Section 179 deduction, add or subtract ................................................................................................. 11C 00
If line 11A, 11B, or 11C are negative, use a minus sign.
11D. Qualified patents income deduction (use a minus sign for negative amounts) ......................................................... 11D 00
12A. Enter name of addback or deduction ___________________________________________ Code No. __ __ __ 12A 00
12B. Enter name of addback or deduction ___________________________________________ Code No. __ __ __ 12B 00
12C. Enter name of addback or deduction ___________________________________________ Code No. __ __ __ 12C 00
12D. Enter name of addback or deduction ___________________________________________ Code No. __ __ __ 12D 00
13. Total addbacks (add lines 4 through 12D) ................................................................................................................. 13 00
14. Subtotal (add line 3 and line 13) ................................................................................................................................ 14 00
Deductions:
15. Subtract income that is derived from sources outside the U.S. and included in federal taxable income .................. 15 00
16. Subtract an amount equal to a debt or portion of a debt that becomes worthless - net of all recoveries (IRC Sec. 166) .. 16 00
17. Subtract an amount equal to any bad debt reserves that are included in federal income because of
accounting method changes (IRC Sec. 585(c)(3)(a) or Sec. 593) ............................................................................ 17 00
18. Total Deductions (add lines 15 through 17) ............................................................................................................... 18 00
19. Total Income Prior to Apportionment (subtract line 18 from line 14) ......................................................................... 19 00
*24100000000*
24100000000
