Get the free 2015 Franchise Tax Booklet -- 1120B-ME - Maine.gov - maine

FORM 1120BME 2015 MAINE FRANCHISE TAX INSTRUCTIONS Use Maine EZ Pay for Electronic Tax Payments www.maine.gov/revenue/netle/gateway2.htm GENERAL INSTRUCTIONS 1. FINANCIAL INSTITUTIONS SUBJECT TO FRANCHISE

How to fill out 2015 franchise tax booklet

How to fill out 2015 franchise tax booklet:

1. Gather all necessary documents and information such as your business income and expenses, assets and liabilities, and any applicable deductions or credits.
2. Begin filling out the required sections of the franchise tax booklet, starting with your basic business information such as the business name, address, and tax year.
3. Proceed to the income section where you will report your total business income for the tax year. Make sure to include all sources of revenue accurately.
4. Deduct any allowable expenses from your total business income, such as business supplies, advertising costs, or employee wages. Keep detailed records and receipts for these expenses.
5. Report any credits or deductions that your business may qualify for, such as research and development credits or investment tax credits. Follow the specific instructions provided in the franchise tax booklet for each credit or deduction.
6. Calculate the total franchise tax liability based on your business's taxable margin or other applicable factors. Use the provided tax rate or formula and ensure accurate calculations.
7. If you are part of a partnership or other pass-through entity, fill out the required sections for reporting partner or shareholder information.
8. Complete any additional sections or schedules as required by the franchise tax booklet based on your business type or specific circumstances.
9. Carefully review all the information you have entered in the franchise tax booklet, ensuring accuracy and completeness.
10. Sign and date the completed form, and consider making copies for your records before filing it with the appropriate tax authority.

Who needs 2015 franchise tax booklet:

1. Business owners and entities operating in the state where the 2015 franchise tax booklet is applicable.
2. Individuals and organizations subject to franchise tax based on their business activities, such as corporations, limited liability companies, partnerships, and sole proprietors.
3. Taxpayers who have met the filing requirements of the state and need to report and pay their franchise tax liability for the 2015 tax year, as mandated by the tax authority.

For pdfFiller’s FAQs

What is franchise tax booklet?

Franchise tax booklet is a document or guide that provides information and instructions on how to calculate and pay franchise taxes.

Who is required to file franchise tax booklet?

Businesses, corporations, and other entities that are subject to franchise tax are required to file the franchise tax booklet.

How to fill out franchise tax booklet?

To fill out the franchise tax booklet, businesses need to provide information on their income, expenses, and other financial details as required by the tax authorities.

What is the purpose of franchise tax booklet?

The purpose of the franchise tax booklet is to ensure that businesses calculate and pay their franchise taxes correctly and on time.

What information must be reported on franchise tax booklet?

Businesses must report details of their income, expenses, assets, and liabilities on the franchise tax booklet.

How can I send 2015 franchise tax booklet to be eSigned by others?

Once your 2015 franchise tax booklet is complete, you can securely share it with recipients and gather eSignatures with pdfFiller in just a few clicks. You may transmit a PDF by email, text message, fax, USPS mail, or online notarization directly from your account. Make an account right now and give it a go.

Can I create an electronic signature for signing my 2015 franchise tax booklet in Gmail?

Create your eSignature using pdfFiller and then eSign your 2015 franchise tax booklet immediately from your email with pdfFiller's Gmail add-on. To keep your signatures and signed papers, you must create an account.

How do I fill out 2015 franchise tax booklet on an Android device?

On Android, use the pdfFiller mobile app to finish your 2015 franchise tax booklet. Adding, editing, deleting text, signing, annotating, and more are all available with the app. All you need is a smartphone and internet.