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Form preview Form n 35 rev 2006 s corporati... DO NOT WRITE OR STAPLE Clear Form IN THIS SPACE STATE OF HAWAII DEPARTMENT OF TAXATION 2006 S CORPORATION INCOME TAX RETURN FORM N-35 PRINT OR TYPE REV. 2006 For calendar year 2006 or other tax year beginning l 2006 and ending l 20 PNT INT Name l Federal Employer I. D. No* Dba or C/O l Business Code No* Use no. shown on federal Form 1120S Address number and street l Date of federal election as an S corporation City or town State and ZIP Code. If foreign address see Instructions. Enter the number of Schedules NS attached to this return l CAUTION Include only trade or business income and expenses on lines 1a through 20. See Instructions for more information* INCOME DEDUCTIONS a Gross receipts or sales l b Less returns and allowances l c Bal Cost of goods sold Schedule A line 8. 1cl 2l Gross profit line 1c minus line 2. Net gain or loss from Schedule D-1 Part II line 19 attach Schedule D-1. Other income see Instructions attach schedule. 4l 5l Attach Forms N-4 Here TOTAL income loss Add lines 3 through 5 and enter here. Compensation of officers. Salaries and wages less employment credit. Repairs and maintenance. Bad debts see Instructions. Rents. Taxes and licenses attach schedule. Interest. a Depreciation from federal Form 4562 See Instructions. 14a b Less depreciation claimed on Schedule A and elsewhere on return. 14b c Enter line 14a minus line 14b. Depletion Do not deduct oil and gas depletion* See Instructions. Advertising. Pension profit-sharing etc* plans. Employee benefit programs. Other deductions attach schedule. TOTAL deductions Add lines 7 through 19 and enter here. Ordinary income loss from trade or business activities line 6 minus line 20 To Sch* K line 1. a Excess net passive income tax attach schedule s. 22al TAX PAYMENTS b Tax from Schedule D Form N-35 line 21. c Number of N-4 s attached is l. Taxes withheld on N-4 s attached. 22bl a 2005 overpayment allowed as a credit. b 2006 estimated tax payments from N-3 N-288 23al 22cl d LIFO recapture tax. 22dl e Add lines 22a 22b 22c and 22d. 14c 20l c Payments with extension. 22el 23bl 23cl AMENDED RETURN OVERPAYMENT If line 23e is larger than the total of lines 22e and 24 enter AMOUNT OVERPAID. Enter amount of line 25 you want Credited to 2007 estimated tax 26a l Refunded d Amount due on Form N-4 s attached. 23dl Underpayment of estimated tax penalty. see Instructions. Check if Form N-220 is attached. l TAX DUE If the total of lines 22e and 24 is larger than line 23e enter the amount due. PAYMENT DUE Total of lines 23d and 27. See Instructions. 26bl 27l Amount paid overpaid on original return AMENDED RETURN ONLY. BALANCE DUE REFUND with amended return See Instructions. 29l 30l 23el 24l 25l If you don t need Hawaii income tax forms mailed to you next year check here to receive a preprinted label only. l Please Sign Here DECLARATION l Signature of officer Date Typed or printed name and title of officer May the Hawaii Department of Taxation discuss this return with the preparer shown below See page 3 of the Instructions This designation does not replace Form N-848 Power of Attorney.
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