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04 Form IT-20S                                       Indiana Department of Revenue
   State Form 10814 
05 (R23 / 8-24)                         Indiana S Corporation Income Tax Return                               2024
06                                           for Calendar Year Ending December 31, 2024
07
08                   or Other Tax Year Beginning     99       99          2024 and Ending 99   99     9999
09
10 Check box if amended. X                                                                 Check box if name changed.       X
11 Name of Corporation                                                                    Federal Employer Identification Number
12
13 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX                                                 9999999999
14 Number and Street                                  Principal Business Activity Code    Foreign Country 2-Character Code
15
16 XXXXXXXXXXXXXXXXXXXXXXXXXXX                                99999999                       XX
17 City                                               State               ZIP Code        2-Digit County Code           Telephone Number
18
19 XXXXXXXXXXXXXXXXXXXXXXXXXXX                               XX           999999999          XX                          9999999999
20
   A.  Date of incorporation                                    In the State of
21                                   99999999                                                XX
22 B.  State of commercial domicile          XX
23
   C.  Year of initial Indiana return
24                                           9999
25 D.  Accounting method:    Cash    X       Accrual  X         Other      X
26
   E.  Date of election as S Corporation
27                                              99999999
28 F.  Check all boxes that apply to entity: 
29
      Initial Return         Final Return             In Bankruptcy                Composite Return           PTET Return
30                   X                       X                            X                         X                        X
31 G.  Enter total number of shareholders:   9999               Enter number of nonresident shareholders:               9999
32
   H. I have on file a valid extension of time to file my return (federal Form 7004 or an electronic extension of time).
33                                                                                                                      X
34 I. This corporation filed as a C Corporation for the prior tax period. X
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   J.  This corporation is a member of a partnership.
36                                                   X
37 K.  This entity reports income from disregarded entities. X
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   L.  Check box if reporting a credit on Schedule IT-20REC.
39                                                           X
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41 Schedule A - S Corporation Adjusted Gross Income                                                       Round all entries
42 1.  Total net income (loss) from U.S. S corporation return, Form 1120S Schedule K  
43    (see instructions); use minus sign for negative amounts _________________________________       1   99999999999.00
44
45 2.  a. Enter name of addback or deduction (see instructions) XXXXXXXX Code. No.        999         2a  99999999999.00
46
47    b. Enter name of addback or deduction  XXXXXXXXXXXXXXXXXX Code. No.                 999         2b  99999999999.00
48
49    c. Enter name of addback or deduction  XXXXXXXXXXXXXXXXXX Code. No.                 999         2c  99999999999.00
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51    d. Enter name of addback or deduction  XXXXXXXXXXXXXXXXXX Code. No.                 999         2d  99999999999.00
52
53    e. Enter name of addback or deduction  XXXXXXXXXXXXXXXXXX Code. No.                 999         2e  99999999999.00
54    f . Enter the total amount of addbacks and deductions from any additional sheets  
55        (use a minus sign for negative amount) ____________________________________________         2f  99999999999.00
56
57 3.  Total S corporation income, as adjusted (add lines 1 through 2f)  __________________________   3   99999999999.00
58
59 4.  Enter percentage for Indiana apportioned adjusted gross income from IT-20S Schedule E line 9 _ 4       999.99            %
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05 Schedule B - Excess Net Passive Income and Built-In Gains
06
07 5.  LIFO recapture income (see instructions)  ____________________________________________                      5   99999999999.00
08
09 6.  Excess net passive income from federal worksheet  ____________________________________                      6   99999999999.00
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11 7.  Built-in gains from federal Schedule D (1120S) ________________________________________                     7   99999999999.00
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13 8.  Add the amounts on lines 5 through 7 _______________________________________________                        8   99999999999.00
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15 9.  Taxable income apportioned to Indiana (multiply line 8 by line 4) (if applicable) _______________           9   99999999999.00
16
17 10.  Pre-conversion Indiana net operating loss (see instructions) ______________________________                10  99999999999.00
18
19 11.  Taxable income after loss. Line 9 minus line 10 ________________________________________                   11  99999999999.00
20
21 12.  Corporate adjusted gross income tax rate (*see instructions for line 12)                                       X tax rate
22
23 13.  Total income tax from Schedule B (multiply line 11 by percent on line 12)  ___________________             13  99999999999.00
24
25 Summary of Calculations
26
27 14.  Sales/Use Tax Due ______________________________________________________________                           14  99999999999.00
28
29 15.  Total composite tax from completed Schedule Composite (15G). Enclose schedule  ___________                 15  99999999999.00
30
31 16. Total pass through entity tax from Schedule PTET. Enclose schedule  ______________________                  16  99999999999.00
32
33 17.  Total tax (add lines 13-16). If line 17 is zero, see line 26 _________________________________             17  99999999999.00
34
35 18.  Total amount of pass-through withholding and PTET (enclose IN K-1 from the paying entity)  ____            18  99999999999.00
36
37 19. Total composite withholding IT-6WTH payments (see instructions) _________________________                   19  99999999999.00
38
39 20.  Other payments/credits (enclose supporting documentation)  _____________________________                   20  99999999999.00
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41 21.  EDGE credit. Enter the total EDGE credit amount claimed (line 19 on Schedule IN-EDGE)  _____               21  99999999999.00
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43 22.  EDGE-R credit. Enter the total EDGE-R credit amount claimed (line 19 on Schedule IN-EDGE-R)  _             22  99999999999.00
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45 23. Other certified credits. Enter the total credit amount claimed (“Total” line from Schedule IN-OCC)  _       23  99999999999.00
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47 24. Subtotal (line 17 minus lines 18-23). If total is greater than zero, proceed to lines 25-26  ________       24  99999999999.00
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49 25.  Interest: Enter total interest due; see instructions (contact the department for current interest rate)  _ 25  99999999999.00
50
51 26.  Penalty: If paying late, enter 10% of line 24; see instructions. If line 17 is zero,  
52     enter $10 per day filed past due date ________________________________________________                      26  99999999999.00
53
54 27.  Total Amount Due: Add lines 24-26. If less than zero, enter on line 28. Make check payable to:  
55     Indiana Department of Revenue. Make payment in U.S. funds  __________________________                       27  99999999999.00
56
57 28. Overpayment and Refund Amount: Line 18 plus lines 19-23, minus lines 17 and 25-26.  
58     No carryforward allowed __________________________________________________________                          28  99999999999.00
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04
05 Certification of Signatures and Authorization Section
06 Under penalties of perjury, I declare I have examined this return, including all accompanying schedules and statements, and to  
07 the best of my knowledge and belief it is true, correct, and complete.
08                                                                       Paid Preparer’s 
09                                                                       Email Address    XXXXXXXXXXXXXXXXXXXXXX
10
11 I authorize the Department to discuss my return with my               Paid Preparer: Firm’s Name (or yours if self-employed)
12 personal representative (see instructions).
13                                                                       XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
14 Yes   X No   X                                                        Paid Preparer’s Name
15
16 Personal Representative’s Name (please print)                         XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
17
18 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX                                    PTIN      999999999
19
20 Email                                                                 Telephone Number         9999999999
21 Address 99999999999999999999999999999
22 Signature of                                                          Address XXXXXXXXXXXXXXXXXXXXXXXXXXXXX
23 Corporate Officer
24                                                                       City  XXXXXXXXXXXXXXXXXXXXXXXXXXXXX
25
26 Date  99     99  9999                                                 State         XX         ZIP Code+4 999999999
27
28 Print or Type Name of Corporate Officer                               Paid Preparer’s Signature
29
30 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
31 Title                                                                 Date  99        99       9999
32
33 XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
34
35 If you owe tax, please mail your return to IN Department of           If you do not owe any tax, mail it to IN Department of Revenue, 
36     Revenue, PO Box 7205, Indianapolis, IN 46207-7205.                          PO Box 7147, Indianapolis, IN 46207-7147.
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