3-India-in-Charlotte-Corporate-Tax-Return

3-India-in-Charlotte-Corporate-Tax-Return - Tab: 1120-front...

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Tab: 1120-front File: 76a26bd50309ef424de4c60a081cd39d179b3448.xls Page 1 of 2 1120 U.S. Corporation Income Tax Return 2008 (Actually an Excel file similar to the corporate tax return) Name: India-in-Charlotte Corporation City Charlotte, NC Income 1a Gross Receipts b. Less: Returns Bal 1c 1,000,000 2 Cost of Goods Sold………. .……………………. .………………………………………………… 2 (520,000) 3 Gross Profit………. .……………………. .……………………………………………………… 3 480,000 4 Dividends………. .……………………. .……………………………………………………… 4 5 Interest………. .……….………………. .……………………………………………………… 5 6 Gross Rents…. ..……. .……………………. .……………………………………………………… 6 7 Gross royalties………. .……………………. .……………………………………………………… 7 8 Capital gain net income………. .……………………. .…………………………………………… 8 9 Net gain or (loss) from Form 4797, Part II, Line 17………. .……………………. .……………… 9 10 Other Income………. .……………………. .……………………………………………………… 10 11 11 480,000 12 Compensation of officers………. .……………………. .……………………………………………12 Deductions 13 Salaries and Wages………. .……………………. .…………………………………………………13 200,000 14 Repairs and Maintenance………. .……………………. .……………………………………………14 15 Bad debts………. .……………………. .……………………………………………………… 15 16 Rents……………. ...... ……………………. .……………………………………………………… 16 17 Taxes and licenses………. .……………………. .………………………………………………… 17 15,300 18 Interest…………. ..……. ..………………. .……………………………………………………… 18 19 Charitable contributions………. .……………………. .…………………………………………… 19
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3-India-in-Charlotte-Corporate-Tax-Return - Tab: 1120-front...

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