New Law and Technology Affects Corporate Tax Returns

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For tax years ending after Dec. 31, 2019, S Corporations and partnerships that issue 25 or more Schedule IN-K1s to shareholders or partners are required by law to electronically submit information to DOR.

Schedule IN-K1s can be submitted when filing Form IT-20S or Form IT-65 tax returns through Modernized e-File (MeF) using certified electronic filing products.

DOR is in the process of certifying multiple participating IT-20, IT-20S and IT-65 application vendors. Visit DOR’s Corporate Electronic Filing webpage for more information and a list of approved software.

INTIME, DOR’s new online e-service portal for customers, allows electronic payments of corporate returns including:

  • IT-20, Indiana Corporate Adjusted Gross Income Tax
  • IT-20S, S Corporation Income Tax
  • IT-65, Indiana Partnership
  • FIT-20, Financial Institution
  • URT-1, Utility Receipts Tax

And allows electronic filing of corporate returns including:

  • NP-20 Nonprofit Organization’s Annual Report
  • FIT-20 Financial Institution Tax Return

If you have questions regarding a corporate tax return, you may call (317) 232-0129, Monday through Friday, 8 a.m. – 4:30 p.m., EST. For questions regarding electronic filing on INTIME, select option 1.