Mississippi S Corporation Income and Franchise Tax Schedule
Extracted from PDF file 2020-mississippi-form-84-110.pdf, last modified April 2020
S Corporation Income and Franchise Tax ScheduleReset Form Form 84-110-20-8-1-000 (Rev. 04/20) Mississippi Print Form S-Corporation Franchise Tax Schedule 2020 841102081000 FEIN CAPITAL BASE (ROUND TO THE NEAREST DOLLAR) 1 Capital stock 1 .00 2 Paid in capital 2 .00 3 Surplus and retained earnings 3 .00 4 Loans from shareholders or affiliates 4 .00 5 Deferred taxes, contingent liabilities, all true reserves and other elements (attach schedule) 5 .00 6 Less treasury stock 6 .00 7 Holding company exclusion (attach schedule) 7 .00 8 Total capital base (add line 1 through line 7) 8 .00 APPORTIONMENT RATIO 9 Real and tangible personal property owned at year end (net book value) 10 Gross receipts 11 Total (line 9 plus line 10) A MISSISSIPPI 9A B EVERYWHERE .00 10A .00 11A .00 9B .00 10B .00 11B .00 12 Mississippi ratio (line 11A divided by line 11B) 12 13 Taxable capital apportioned to Mississippi (line 8 multiplied by line 12. If 100% Mississippi enter amount from line 8) 13 . % .00 ASSESSED VALUE OF MISSISSIPPI PROPERTY Mississippi County Mississippi Assessed Value of Real Property Mississippi Assessed Value of Personal Property TAXABLE CAPITAL 14 Total assessed value of Mississippi property (attach additional schedule if needed) 14 15 Taxable capital (enter the larger of line 13 or line 14) 15 .00 16 Prorate (except for initial return; if period is less than twelve months, multiply line 15 by the number of months covered by the return and divide by twelve) 16 .00 17 .00 18 .00 17 Capital exemption (attach schedule) 18 Final taxable capital (line 15 or line 16 minus line 17; round amount up to the next highest $1,000 and enter amount on Form 84-105, line 1. If negative, enter zero on Form 84-105, line 1) .00
More about the Mississippi Form 84-110 Corporate Income Tax TY 2020
We last updated the S Corporation Income and Franchise Tax Schedule in February 2021, so this is the latest version of Form 84-110, fully updated for tax year 2020. You can download or print current or past-year PDFs of Form 84-110 directly from TaxFormFinder. You can print other Mississippi tax forms here.
Other Mississippi Corporate Income Tax Forms:
|Form Code||Form Name|
|Form 83-105||Corporate Income and Franchise Tax Return|
|Form 83-122||Computation of Net Taxable Income Schedule|
|Form 81-110||Fiduciary Return|
|Form 84-105||Pass Through Entity Tax Return|
|Form 84-122||Pass Through Entity Net Taxable Income Schedule|
Mississippi usually releases forms for the current tax year between January and April. We last updated Mississippi Form 84-110 from the Department of Revenue in February 2021.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Mississippi Form 84-110
We have a total of nine past-year versions of Form 84-110 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Mississippi Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.