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Mississippi Free Printable 84124188.pdf for 2020 Mississippi Direct Accounting Income Statement

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Direct Accounting Income Statement
84124188.pdf

Reset Form Form 84-124-18-8-1-000 (Rev. 07/18) Print Form Mississippi Direct Accounting Income Statement 2018 841241881000 Page 1 FEIN Producers of mineral or natural resource products should complete lines 1 through 31. Multistate construction contractors complete lines 32 through 46. (ROUND TO THE NEAREST DOLLAR) INCOME 1 Gross receipts or sales .00 Less: returns and allowances .00 1 .00 2 Cost of goods sold and/or operations (attach schedule) 2 .00 3 Gross profit (line 1 minus line 2) 3 .00 4 Dividends (attach schedule) 4 .00 5 Interest 5 .00 6 Gross rents 6 .00 7 Gross royalties 7 .00 8 Allocable capital gain (attach schedule) 8 .00 9 Allocable net gain (loss) (attach schedule) 9 .00 10 Other income (loss) (attach schedule) 10 .00 11 Total income (add line 3 through line 10) 11 .00 12 Compensation of officers 12 .00 13 Salaries and wages 13 .00 14 Repairs 14 .00 15 Bad debts 15 .00 16 Rents 16 .00 17 Taxes (attach schedule) 17 .00 18 Interest 18 .00 19 Contributions 19 .00 21 .00 DEDUCTIONS 20a Total depreciation 20a 20b Depreciation claimed on return 20b 21 Depreciation balance claimed (line 20a minus line 20b) Form 84-124-18-8-2-000 (Rev. 07/18) Mississippi 841241882000 Direct Accounting Income Statement 2018 Page 2 FEIN 22 Depletion 22 .00 23 Advertising 23 .00 24 Pension, profit-sharing plans, etc. 24 .00 25 Employee benefit programs 25 .00 26 Other deductions (attach schedule) 26 .00 27 Total deductions (add line 12 through line 19 and line 21 through line 26) 27 .00 28 Net direct income (loss) (line 11 minus line 27) 28 .00 29 Non-allocable business income (loss) (including ordinary/capital gains apportioned to Mississippi using a sales to sales ratio; attach schedule) 29 .00 30 Non-allocable general and administrative expenses (apportioned to Mississippi using a sales to sales ratio; attach schedule) 30 .00 31 .00 32 Gross receipts or gross sales from jobs in Mississippi 32 .00 33 Adjustments (attach schedule) 33 .00 34 Direct cost from jobs in Mississippi 34 .00 35 Mississippi gross profit (line 32 plus line 33 minus line 34) 35 .00 36 Total company non-allocable business income (attach schedule) 36 .00 37 Total Mississippi sales (line 32 plus other Mississippi business income) 37 .00 38 Total company sales (total sales from jobs and other business income) 38 .00 39 Ratio (divide line 37 by line 38) 39 40 Mississippi non-allocable business income (multiply line 36 by line 39) 40 NET INCOME 31 Net income (loss) (line 28 plus line 29 minus line 30; enter on Form 84-122, line 25) GROSS PROFIT Only multistate construction contractors complete lines 32 through 46 ADD: NON-ALLOCABLE BUSINESS INCOME . % .00 Form 84-124-18-8-3-000 (Rev. 07/18) Mississippi 841241883000 Direct Accounting Income Statement 2018 Page 3 FEIN DEDUCT: NON-ALLOCABLE GENERAL AND ADMINISTRATIVE EXPENSES 41 Total company non-allocable general and administrative expenses (attach schedule) 41 .00 42 Mississippi direct cost 42 .00 43 Total company direct cost 43 .00 44 Ratio (divide line 42 by line 43) 44 45 Mississippi non-allocable general and administrative expenses (multiply line 41 by line 44) 45 .00 46 Net income (loss) (line 35 plus line 40 minus line 45; enter on Form 84-122, line 25) 46 .00 . %
Extracted from PDF file 2018-mississippi-form-84-124.pdf, last modified November 2018

More about the Mississippi Form 84-124 Corporate Income Tax

We last updated the Direct Accounting Income Statement in January 2019, and the latest form we have available is for tax year 2018. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Mississippi Department of Revenue. You can print other Mississippi tax forms here.

Other Mississippi Corporate Income Tax Forms:

TaxFormFinder has an additional 36 Mississippi income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form 81-110 Fiduciary Return
Form 83-180 Application for Automatic Six Month Extension for Corporate Income & Franchise Tax Return
Form 84-105 Pass Through Entity Tax Return
Form 84-110 S Corporation Income and Franchise Tax Schedule
Form 84-131 Schedule K

Download all MS tax forms View all 37 Mississippi Income Tax Forms


Form Sources:

Mississippi usually releases forms for the current tax year between January and April. We last updated Mississippi Form 84-124 from the Department of Revenue in January 2019.

Show Sources >

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 84-124

We have a total of seven past-year versions of Form 84-124 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2018 Form 84-124

84124188.pdf

2017 Form 84-124

84124178.pdf

2016 Form 84-124

84124158.pdf


TaxFormFinder Disclaimer:

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.

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Source: http://www.taxformfinder.org/mississippi/form-84-124