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P16 Education Commission of the States 700 Broadway, Suite 810 Denver, CO 802033442 303.299.3600 Fax: 303.296.8332 www.ecs.org State P16 and P20 Council Considerations By Jennifer Douay December 2008
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State p-16 and p-20 are forms used for reporting income and expenses for businesses.
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Businesses and self-employed individuals are required to file state p-16 and p-20.
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State p-16 and p-20 can be filled out manually or electronically, with information such as income, expenses, and deductions.
What is the purpose of state p-16 and p-20?
The purpose of state p-16 and p-20 is to report taxable income and calculate the amount of tax owed to the state.
What information must be reported on state p-16 and p-20?
Information such as income from all sources, expenses incurred in the production of income, and any deductions or credits must be reported on state p-16 and p-20.
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