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State of New Mexico Taxation and Revenue Department 2013 SCORE SubChapter S Corporate Income and Franchise Tax Extension Payment Voucher Purpose of this form. Use the 2013 Score payment voucher to
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How to fill out 2013 s-corp-ext - sub-chapter
How to fill out 2013 s-corp-ext - sub-chapter
01
Read the instructions carefully before starting to fill out the form.
02
Gather all the necessary information and documents such as the company's EIN, accountant's information, and financial statements.
03
Start by entering the basic information about the corporation, such as its name, address, and EIN.
04
Provide details about any subsidiaries or affiliates that the corporation may have.
05
Fill out the income and deductions section, including information about the corporation's revenue, expenses, and any tax credits or deductions.
06
Make sure to accurately calculate the corporation's taxable income and enter it in the appropriate section.
07
Provide information about any shareholders or owners of the corporation.
08
Include details about any changes in ownership or stock transfers that occurred during the tax year.
09
Complete the schedule K section, which reports the corporation's income, deductions, and credits.
10
Review the completed form for any errors or missing information before submitting it to the IRS.
11
Keep a copy of the filled-out form for your records.
Who needs 2013 s-corp-ext - sub-chapter?
01
S-Corporations that need to file an income tax return for the tax year 2013.
02
S-Corporations that want to make the S-Corp election in the sub-chapter S.
03
Corporations that operate as partnerships or limited liability companies and meet the eligibility criteria for S-Corp tax treatment.
04
Small businesses that want to take advantage of the tax benefits and flexibility offered by the S-Corp tax structure.
05
Corporations that have shareholders who want to report their share of the corporation's income, deductions, and credits on their individual tax returns.
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What is s-corp-ext - sub-chapter s?
S-Corp-Ext, also known as Sub-Chapter S, is a tax status that allows small businesses to avoid double taxation by passing income, deductions, and credits through to their shareholders.
Who is required to file s-corp-ext - sub-chapter s?
Small businesses meeting certain criteria, such as having 100 or fewer shareholders and only one class of stock, are eligible to file as an S-Corp.
How to fill out s-corp-ext - sub-chapter s?
To elect S-Corp status, a business must file Form 2553 with the IRS no later than the 15th day of the 3rd month of the tax year.
What is the purpose of s-corp-ext - sub-chapter s?
The purpose of S-Corp status is to allow small businesses to avoid double taxation while still providing liability protection for the owners.
What information must be reported on s-corp-ext - sub-chapter s?
S-Corps must report income, deductions, credits, and other tax-related information to the IRS and their shareholders.
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