Section 60 Form MO-1120S, S Corporation Income Tax Return/Franchise Tax Return

• Library: Tax Law 2009 Forms

FORM MO-1120S

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                |CORPORATION NAME |
                |-----------------------------------------------------------------------------|
                |NUMBER AND STREET |
                |-----------------------------------------------------------------------------|
                |CITY OR TOWN, STATE, ZIP CODE |
                |-----------------------------------------------------------------------------|
                |MO TAX I.D. |CHARTER NUMBER |FEDERAL I.D. NUMBER |
                |NUMBER | | |
                |-----------------------------------------------------------------------------|
                |Check Applicable Boxes | |SOFTWARE VENDOR|
                | |Balance |CODE |
                |Amended Return [ ] Address [ ] Final Corporation [ |Sheet | |
                |] Bankruptcy |Date |(Assigned by |
                | |(MMDDYY) |DOR) |
                |[ ] Name Change [ ] Change Income Tax Return | | |
                | | |001 |
                |-----------------------------------------------------------------------------|
                |[ ] A. Check this box and sign below if your assets in Missouri (Schedule |
                |MO-FT, Line 6a), or apportioned to |
                | |
                |Missouri (Schedule MO-FT, Line 6b) do not exceed $1,000,000. You do not owe |
                |franchise tax. If your assets |
                | |
                |do exceed the $1,000,000 threshold, you must complete and attach Schedule |
                |MO-FT and enter the franchise |
                | |
                |tax due on the Form MO-1120S, Line 16 below. If Box A is checked, Box C must |
                |not be checked. |
                | |
                |[ ] B. Return filed for BOTH (income and franchise) |
                | |
                |[ ] C. Return filed for INCOME tax only |
                | |
                |[ ] D. Return filed for FRANCHISE tax only |
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                | |1. Does the S corporation have ANY Missouri modifications, [ ] |
                | |YES [ ] NO If YES, |
                | | |
                | |complete Lines 1-15 below and page 2. |
                | | |
                | |2. Does the S corporation have ANY nonresident shareholders, [ ] |
                |S CORP |YES [ ] NO If YES, |
                | | |
                | |complete Lines 1-15 below and Schedule MO-NRS. |
                | | |
                | |3. Does S corporation have income derived from sources other than|
                | |Missouri, |
                | | |
                | |[ ] YES [ ] NO If YES, complete and attach Schedule MO-MSS. |
                |-----------+-----------------------------------------------------------------|
                | |Additions (attach detailed explanation of each | | |
                | |item) | | |
                | |------------------------------------------------| | |
                | |1a. State and local income | | | | | | |
                | |taxes deducted on Federal Form |1a | |00| | | |
                | |1120S . . . . . . . . . . . . .| | | | | |000 |
                | |. | | | | | | |
                | |-------------------------------+------+---+--|1 | | |
                | |1b. Less: Kansas City & St. | | | | | | |
                | |Louis earnings taxes. Enter |1b | |00| | | |
                | |Lines 1a less 1b on Line 1 . . | | | | | | |
                | |. | | | | | | |
                | |-------------------------------+------+---+--+--+-----------+----|
                | |2a. State and local bond | | | | | | |
                | |interest (except Missouri) . . |2a | |00| | | |
                | |. . . . . . . . . . . . . . . .| | | | | | |
                | |-------------------------------+------+---+--| | | |
                | |2b. Less: related expenses | | | | | | |
                | |(omit if less than $500) | | | |2 | |00 |
                | | | | | | | | |
                | |Enter Line 2a less Line 2b on |2b | |00| | | |
                | |Line 2 . . . . . . . . . . . . | | | | | | |
                | |. . . . . .. . . . . . . . . . | | | | | | |
                | |. . . . . . . . | | | | | | |
                | |---------------------------------------------+--+-----------+----|
                | |3. [ ] Partnership [ ] Fiduciary [ ] Other | | | |
                | |adjustments (list _________) . . . . . .. . .| | | |
                | |. . |3 | |00 |
                | | | | | |
                | |. . . . . . . . . . . . . | | | |
                | |---------------------------------------------+--+-----------+----|
                | |4. Missouri depreciation basis adjustment | | | |
                | |(Section 143.121.2(c), RSMo) . . . . . . . |4 | |00 |
                | | | | | |
                | |. . . . . . . . . . . | | | |
                | |---------------------------------------------+--+-----------+----|
                | |5. Donations claimed for the Food Pantry Tax | | | |
                | |Credit that were deducted from federal |5 | |00 |
                | |taxable income, § 135.647, RSMo. | | | |
                | |---------------------------------------------+--+-----------+----|
                | |6. Total of Lines 1 through 5. . . . . . . . | | | |
                | |. . . . . . . . . .. . . . . . . . . . . . . | | | |
                | | |6 | |00 |
                | |. . . . .. . . . . . . . . . . . . . . . . ..| | | |
                | |. . . . . . . . . . . . . . . . . | | | |
                | |---------------------------------------------+--+-----------+----|
                | |Subtractions (attach detailed explanation of | | | |
                | |each item) | | | |
                | |---------------------------------------------| | | |
                | |7a. Interest from exempt | | | | | | |
                |MISSOURI S |federal obligations . . . . . .|7a | |00| | | |
                | |. . . . . . . . . . . . . . . .| | | |7 | |00 |
                |CORPORATION|. . . . . . . | | | | | | |
                | |-------------------------------+------+---+--| | | |
                |ADJUSTMENT |7b. Less: related

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