Missouri Savings and Loan Association - Building and Loan Tax Return

Savings and Loan Association - Building and Loan Tax Return
Form INT-3 - 2023 Savings & Loan Association - Building & Loan Association Tax Return
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r Amended Return - Select if filing an amended return.
Form

INT-3

2023 Savings & Loan Association Building & Loan Association Tax Return

r Federal Extension - Select this box if you have an approved
federal extension.

Due date April 15, 2024

2024 Taxable year based on the 2023 calendar year income period	
Name	

Address									

Federal Employer Identification Number (FEIN)

City	

State	

|

|

|

|

|

|

|

|

Zip Code

During this taxable year, have you been notified of a change in your federal net income or federal income
taxes for any period? (If yes, submit schedule of changes)..........................................................................................	

r

Yes

r

No

Part 2 - Deductions

Part 1 - Additions

A copy of the federal return and supporting schedules must be attached to this return.
1. Federal taxable income (loss) from Federal Form 1120, Line 28 or 1120S, Line 21.........

1

00

2. Income from state and political subdivision obligations not included in federal income
	(explain if different from tax-exempt interest on the federal return).....................................

2

00

3. Income from federal government securities not included in federal income

3

00

4. Bad debt claimed on federal return
r Reserve Method r Direct Write-off Method

4

00
00
00

r Other_______________..............

5. Net bad debt recoveries.......................................................................................................

5

6. Missouri S & L Association - B & L Association tax deducted on federal return..................

6

7. Taxes deducted on federal return, claimed as credits on this return
	(must be detailed on Schedule A or attachment).................................................................

7

8. Other additions (attach detailed schedule)...........................................................................

8

00
00

9. Total of Lines 1 through 8....................................................................................................

9

00

10. Net bad debt charge offs.....................................................................................................

10

11. Federal income tax deduction (see instructions).................................................................

11

12. Charitable contribution in excess of allowable federal deduction........................................

12

13. Other deductions (attach detailed schedule)........................................................................

13

14. Total of Lines 10, 11, 12, and 13.........................................................................................

14

15. Port Cargo Expansion deduction.........................................................................................

15

16. International Trade Facility deduction..................................................................................

15

17. Qualified Trade Activities deduction (limit is 50% of Line 9)..............................................

17

18. Taxable income (Line 9 less Lines 14, 15, 16, and 17).......................................................

18

00
00
00
00
00
00
00
00
00

19. Tax — Multiply Line 18 by 4.48% (if apportionment required, see instructions).......................	19

00

20. Credits from Line 7 above...................................................................................................	20

00
00
00
00
00
00

Part 3 - Computation of Tax

21. Tax after allowable credits (subtract Line 20 from Line 19).................................................	21
22A.	Less tentative payment or amount previously paid.............................................................	22A
22B.	Miscellaneous credits (attach schedule and approved authorizations)...............................	22B
23. Less overpayment of previous year’s tax............................................................................	23
24. Subtotal (see instructions)...................................................................................................	24
Skip lines 25 through 27 if you are not filing an amended return.
25. Amended return only - Amount paid on original return........................................................	25
26. Amended return only - Overpayment, if any, shown on original return...............................	26
27. Amended return only - (Line 25 less line 26).......................................................................	27
28. Balance due or overpaid (Line 24 less line 27)...................................................................	28
29. Interest for delinquent payment after April 15, 2024 (see instructions)...............................	29
30. Total amount due or overpayment (see instructions for overpayment). (Line 28 plus Line 29).	30

00
00
00
00
00
00
Form INT-3 (Revised 12-2023)

Schedule A - Taxes Claimed As Credits

Description (Do not list tangible personal property tax on leased property)	

Amount

Total (Enter on Lines 7 and 20, Page 1)	
Benefit Number

Credit Name

Amount Claimed

Tax Credit Schedule

00
00
00
00
00
00
Total (Enter on Line 22B, Page 1)

00

Authorization and Signature

I authorize the Director of Revenue or delegate to discuss my return and attachments with the preparer or any
member of his or her firm, or if internally prepared, any member of the internal staff............................................... 	

r Yes r No

Under penalties of perjury, I declare that the above information and any attached schedules and statements are true, complete,
and correct. Declaration of preparer (other than taxpayer) is based on all information of which he or she has any knowledge.
Signature

Printed Name

of Officer

of Officer

Telephone

Date Signed

Number

(MM/DD/YY)

Preparer’s Signature

Preparer’s FEIN,

(Including Internal Preparer)

SSN, or PTIN

Telephone
Number

Date Signed
(MM/DD/YY)

Email
Address

Make check or money order payable to “Missouri Department of Revenue”. Mail completed form and attachments to the address below.
If you pay by check, you authorize the Department of Revenue to process the check electronically. Any returned check may be presented
again electronically.

Form INT-3 (Revised 12-2023)

Mail to:	 Taxation Division

E-mail: [email protected]

	
	

Visit http://dor.mo.gov/business/finance for additional information.

P.O. Box 898
Jefferson City, MO 65105-0898

Phone: (573) 751-2326
Fax: (573) 522-1720
TTY: (800) 735-2966

Ever served on active duty in the United States Armed Forces?
If yes, visit dor.mo.gov/military/ to see the services and benefits we offer to all
eligible military individuals. A list of all state agency resources and benefits can be found
at veteranbenefits.mo.gov/state-benefits/.

Reset Form

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Form

2331

Financial Institution Tax Schedule B

Credit Unions
Savings & Loans
Building & Loans

Banks

The information for this form is available from your real or personal property tax receipts. Complete one section for each office location, home, agency, etc.,
in Missouri. Indicate the complete physical address of each office and the percentage of each office compared to the total income of the company in Missouri,
extend percentages four digits to the right of the decimal. The total must equal 100%. For each address include the county in which the address is located. If
there are more than 30 locations, please email a list of the locations in a spread sheet, along with a copy of this return, to the Department at the e-mail shown
at the bottom of the return.

$

Year End Combined Total Amount Of All Accounts Or Deposits At Missouri Locations	

Year End Combined Total Amount Of All Savings Accounts, Deposits, Or
Repurchase Agreements At Missouri Locations	$

Attach additional pages if necessary.
Physical Street Address			
City

County	

State	

Year End Total Of Deposits

$

ZIP Code	

	

Name Or Number

Subdivisions

.

Percentage Of Total Amt.

%

County
City
Road District
School District
Library District

Political Subdivisions Taxing
the Reporting Financial Institutions

Water District
Sewer District
Fire District
Township Or Other Tax Dist.

Physical Street Address			
City

County	

Subdivisions

State	

Year End Total Of Deposits

$

ZIP Code	

Name Or Number

.

Percentage Of Total Amount

	

%

County
City
Road District
School District
Library District
Water District
Sewer District
Fire District
Township Or Other Tax Dist.

Mail to: 	
		
		
	
	Phone:	
	 Fax: 	
	TTY: 	

Form 2331 (Revised 12-2023)

Taxation Division
P.O. Box 898	
Jefferson City, MO 65105-0898

E-mail: [email protected]

(573) 751-2326
(573) 522-1720
(800) 735-2966	

If yes, visit dor.mo.gov/military/ to see the services and benefits we offer to all eligible
military individuals. A list of all state agency resources and benefits can be found at
veteranbenefits.mo.gov/state-benefits/.

Visit dor.mo.gov/taxation/business/tax-types/finance/ for additional information.

Ever served on active duty in the United States Armed Forces?

General Instructions - 2023 Savings and Loan Return
Section 148.610 – 148.710, RSMo
This information is for guidance only and does not state the complete law.
If any association operates more than one office or branch in
Missouri, the association shall file one return. The association must
complete the Financial Institution Tax Schedule B (Form 2331),
listing the complete physical address, including the street address,
city, state, zip code and county in which the address is located
of each office location, home or branch and showing the total dollar
amount of savings accounts, deposits and repurchase agreements
of each office or branch and the total for the association. If an
association has an office or offices outside Missouri, the total of the
dollar amount of deposits and accounts at an office or offices outside
Missouri shall be excluded in determining the total deposits and
accounts of the taxpayer. Schedule B must be completed and submitted
Review the state law prior to the completion of this tax return, since with the Savings and Loan Tax Return.
the Internal Revenue Code and the state law differ in the accounting All savings and loan associations must complete this tax return
for various transactions. A copy of your Federal Form 1120 or 1120S reflecting their total business activities from all sources. Savings
must be attached to the Missouri Savings & Loan Tax Return.
and loan associations conducting business in multiple states should
refer to the instructions for Line 19.
The 2023 Savings and Loan Return (Form INT-3) must be completed
and filed by April 15, 2024. The tax is based upon the taxpayer’s net
income for the 2023 calendar year. An extension of time for filing
this return may be granted by the Director of Revenue. When an
extension is granted, the taxpayer is required to pay, as part of any
tax due, interest thereon at the rate determined by Section 32.065,
RSMo, from the day when such return should have been filed, if no
such extension had been granted. Visit the Department’s website at
dor.mo.gov/taxation/statutory-interest-rates.html to obtain the
annual interest rate.Pursuant to Regulation 12 CSR 10‑10.070, an
extension of time may not exceed 180 days from the original due
date of April 15.

Instructions
Amended Return: Select the box at the top of the form if filing an
amend­ed return.
Federal Extension: Select the box at the top of the form indicating
you have an approved federal extension. Attach a copy of the
extension with this return.

Part I
Line 1	 Enter the amount of taxable income (loss) from Federal
Form 1120, Line 28, before any net operating loss deduction or
special deduction is applied, or Federal Form 1120S, Line 21.
Line 2	 Enter all income received from state and political
subdivision obligations excluded on the federal return. Explain
if different from tax-exempt interest shown on the federal return.
Line 3	 Enter all income received from federal government
se­cur­i­ties excluded from the federal return.
Line 4	 Enter the bad debt claimed on the federal return or any
additions to a bad debt reserve claimed as a de­duc­tion on the
federal return. (The reserve method is not a permissible method on
this return.) In the appropriate box, indicate the bad debt method
used on the federal return.
Line 5	 Enter the excess, if any, of recoveries of bad debts
previously charged off over current year’s charge offs. Attach
schedule of bad debt computation.
Line 6	 Enter the amount of Missouri Savings and Loan tax
(imposed by Chapter 148, RSMo) deducted on the federal return.
Line 7	 Enter the total credits detailed on Schedule A of this return.
The amount of taxes claimed as a deduction on the federal return but
claimed as a credit on Line 20 of this return includes all taxes paid
directly to the State of Missouri or any political subdivision thereof,
except taxes on tangible personal property owned by the taxpayer
and held for lease or rental to others, contributions paid pursuant
to the unemployment compensation law of Missouri, real estate
taxes, social security taxes, sales and use taxes and taxes imposed
by this law. Explain the difference, if any, between the amount
shown on Line 7 of this return and the federal return. Submit the
schedule of taxes deducted on the federal return for verification

purposes. The savings and loan assessment fee is not an allowable
credit. The annual registration fee is not an allowable credit because
it is not a tax.
Line 8	 Enter deductions claimed on the federal return which
are not allowable on this return and income not included on the
federal return which is required to be included on this return. Attach
a detailed schedule.
Line 9	 Enter the total of Lines 1 through 8.

Part II
Line 10	 Enter the amount of actual bad debt charge offs.
Line 11	Enter the current year deduction for federal income
taxes. The current year deduction will be the amount actually
accrued (if an accrual basis taxpayer) or paid (if a cash basis
taxpayer) during the year. Accrual basis taxpayers that are
members of an affiliated group filing a consolidated federal
income tax return shall allocate its consolidated federal tax
liability among the members of the group for the year by using
the method elected to allocate earnings and profits by the group
under Internal Revenue Code Section 1552, without regard to any
additional allocations under Treasury Regulation 1.1502‑33(d).
If no election was made, the taxpayer shall allocate according
to Section 1552(a)(1), IRC.
Cash basis taxpayers that are members of an affiliated group
filing a consolidated federal income tax return shall allocate the
consolidated tax paid or refunded during the year by using the
method elected to allocate earnings and profits by the group
under Internal Rev­
e­
nue Code Section 1552 for the applicable
year without regard to any additional allocations under Treasury
Regulation 1.1502‑33(d). If no election was made, the taxpayer
shall allocate according to Section 1552(1)(1), IRC.
Line 12	 Enter the amount of charitable contributions made in
excess of the amount allowed, if any, on the federal return. Attach
a schedule of charitable con­
tri­
bu­
tions if not included with the
federal return.
Line 13	 Enter the total amount of any deduction claimed on this
return and not included on the federal return. These deductions
must be itemized on a schedule attached to this return.

Reset Form
Form

2330

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Apportionment Schedule C
Financial Institutions

Apportionment Factors

Total Within And
Without Missouri
(a)

Total Within
Missouri
(b)

Percent Within
Missouri
(b) ÷ (a)

1.	 Average yearly value of real and
tangible personal property used in
the business, whether owned or
rented. Owned property: (at
original cost, see instructions)
(Exclude property not connected
with the business and value of
construction in progress)

Apportionment Schedule

	Land
	

Depreciable assets

	

Inventory and supplies

	

Other (attach schedule)

	
	

Net annual rental of property,
times eight (8)

	

Total Property Values	

1	

%

2.	 Wages, salaries, commissions, and
other compensation of employees —
	 Total Wages And Salaries	

.

2	

%

3.	 Average daily receivables —
	Total		

.

3	

%

4.	 Average daily deposits —
	Total		

.

4	

%

5.	 Apportionment Factor — add percentages on Lines 1, 2, 3, and 4, and divide by
	 factors present (see instructions)	

.

5	

.

%

6.	 Taxable income from Savings and Loan Tax Return, Form INT-3, Line 18, or Credit Union
Tax Return, Form INT-4, Line 15	
6	
7.	 Multiply Line 6 by Line 5, enter result	

7	

8.	 Multiply Line 7 by 4.48%. Enter here and on Savings and Loan Tax Return, Form INT-3,
	 Line 19, or Credit Union Tax Return, Form INT-4, Line 16	

8	

Mail to: 	
		
		
	
	Phone:	
	 Fax: 	
	TTY: 	

Taxation Division
P.O. Box 898	
Jefferson City, MO 65105-0898
(573) 751-2326
(573) 522-1720
(800) 735-2966	

E-mail: [email protected]

Form 2330 (Revised 12-2023)

Visit dor.mo.gov/taxation/business/tax-types/finance/ for additional information.

Ever served on active duty in the United States Armed Forces?

If yes, visit dor.mo.gov/military/ to see the services and benefits we offer to all eligible
military individuals. A list of all state agency resources and benefits can be found at
veteranbenefits.mo.gov/state-benefits/.

	

Who may apportion income?

Instructions For Apportionment Schedule C

	 A taxpayer must have income from business activity taxable by this state and at least one other state to apportion income.
The income of the taxpayer is divided between the states in which the business is conducted pursuant to the property, payroll,
receivables and deposits apportionment factors. If one or more of the four factors does not exist (that is, there is no denominator)
determine the apportionment factor (Schedule C, Line 5) by dividing by the number of factors used.
	

Taxable in Another State:

	 A taxpayer is “taxable in another state” if, by reason of business activity in another state, it is subject to and did pay one of the
types of taxes specified: a net income tax, a franchise tax measured by net income, a franchise tax for the privilege of doing
business, or a corporate tax. The taxpayer must carry on business activities in another state. If the taxpayer voluntarily files
and pays one or more of such taxes when not required to do so by the laws of that state or pays a minimal fee for qualification,
organization or for the privilege of doing business in that state, but does not actually engage in business activities in that state, and
does not have business facilities in that state or does actually engage in some activity, not sufficient for nexus, and the minimum
tax bears no relation to the corporation’s activities with such state, the taxpayer is not “taxable” in another state.
1.	Property Factor: The denominator, Column (a), is the average value of all the taxpayer’s real and tangible personal property
owned or rented and used during the income year for the production of income. The numerator, Column (b), of the property factor
shall include the average value of the taxpayer’s real and tangible personal property owned or rented and used in this state or in
another state which does not subject the taxpayer to a tax described in the above instruction, “Taxable in Another State,” during
the income year. An automobile assigned to a traveling employee shall be included in the numerator of the factor of the state to
which the employee’s compensation is assigned under the payroll factor or in the numerator of the state in which the automobile is
licensed.
	 Property owned by the taxpayer shall be valued at its original cost. As a general rule “original cost” is deemed to be the basis
of the property for federal income tax purposes (prior to any federal adjustments) at the time of acquisition by the taxpayer and
adjusted by subsequent capital additions or improvements thereto and partial disposition thereof, by reason of sale, exchange,
abandonment, etc. Property rented by the taxpayer is valued at eight times the net annual rental rate. The net annual rental rate
is the total annual rental rate paid by the taxpayer, less total annual rental rates received by the taxpayer from subrentals. As a
general rule the average value of property owned by the taxpayer shall be determined by averaging the values at the beginning
and ending of the income year. However, the Director of Revenue may require averaging by monthly values if such method of
averaging is reasonably required to properly reflect the average value of the taxpayer’s property for the income year.
2.	 Payroll Factor: The payroll factor includes only compensation which is attributable to the income subject to apportionment. The
denominator, Column (a), of the payroll factor is the total compensation paid everywhere during the income year.
	 The numerator, Column (b), of the payroll factor is the total amount paid in this state or in another state which does not subject
the taxpayer to a tax described in the above instruction, “Taxable in Another State,” during the income year by the taxpayer
for compensation. Compensation is paid in this state if any one of the following tests, applied consecutively, are met: a) The
employee’s service is performed entirely within this state; b) The employee’s service is performed both within and without this
state, but the service performed without this state is incidental to the employee’s service within the state (the word “incidental”
means any service which is temporary or transitory in nature, or which is rendered in connection with an isolated transaction); c)
If the employee’s services are performed both within and without this state, the employee’s compensation will be attributed to this
state: (i) if the employee’s base of operations is in this state; or (ii) if there is no base of operations in any state in which some
part of the service is performed, but the place from which the service is directed or controlled is in this state; or (iii) if the base
of operations or the place from which the service is directed or controlled is not in any state in which some part of the service
is performed but the employee’s residence is in this state. The term “base of operation” is the place of more or less permanent
nature from which the employee starts his work and to which he customarily returns in order to receive instructions from the
taxpayer or communications from his customers or other persons, or perform any other functions necessary to the exercise of his
trade or profession at some other point or points.
3.	 Receivables Factor: The denominator, Column (a), of the receivables factor is the total average daily contract obligations owing to
the taxpayer everywhere during the income period. The numerator, Column (b), of the receivables factor is the average
daily contract obligations owing to the taxpayer on an open account held by an office, facility or branch in Missouri or in another
state which does not subject the taxpayer to a tax described in the above instruction, “Taxable in Another State”.
4.	 Deposits Factor: The denominator, Column (a), of the deposits factor is the total average daily deposits everywhere during the
income period. The numerator, Column (b), of the deposits factor is the average daily deposits held by an office facility or branch
in Missouri or in another state which does not subject the taxpayer to a tax described in the above instruction, “Taxable in Another
State”.
	

Note: Percentages on Lines 1–5 should be extended to four digits to the right of the decimal.

Form 2330 (Revised 12-2023)

Line 14	 Enter the total amount of Lines 10, 11, 12, and 13.
Line 15 	 Enter the amount of the Port Cargo Expansion deduction
approved by the Missouri Department of Economic Development.
Attach a copy of the certificate authorizing the deduction.
Line 16	 Enter the amount of the International Trade Facility
deduction approved by the Missouri Department of Economic
Development. Attach a copy of the certificate authorizing the
deduction.
Line 17	 Enter the amount of the Qualified Trade Activities
deduction approved by the Missouri Department of Economic
Development. Attach a copy of the certificate authorizing the
deduction. The amount of the deduction cannot exceed fifty
percent (50%) of the amount on Line 9.
Line 18	 Subtract Lines 14, 15, 16, and 17 from Line 9 and enter
net amount. If “loss”, indicate by brackets “( )” and enter
“none” on Line 19.

Part III
Line 19	 Multiply the taxable income amount on Line 18 by 4.48
percent and enter result. If Line 9 includes income from
business activity both within and without Missouri from offices
or branches located in such states, the tax may be eligible to be
apportioned on the Financial Institution Apportionment Schedule
C (Form 2330), which must be attached to Form INT-3.
Line 20	 Enter the amount from Line 7.
Line 21	Subtract Line 20 from Line 19 and enter amount.
If amount on Line 20 exceeds amount on Line 19, enter “none”.
Line 22A Enter the amount of tentative payment (if applicable).

Line 22B Enter the total amount of tax credits claimed on the Tax
Credit Schedule on page 2 of Form INT-3. Attach a copy of the
approved authorizations for each credit.
If additional lines are needed attach a schedule listing the amounts
for each tax credit and a copy of the approved authorization to the
return. See Section 148.064.1, RSMo, for ordering of tax credits.
Tax credits can only be used once.
Line 23	 Enter overpayment of previous year’s tax.
Line 24	 Line 21 Less Lines 22A, 22B, and 23.
Line 25 Amended return only: Enter payment(s) applied to your
original filed return, including payments applied to penalties and
interest. If not filing an amended return, go to line 28.
Line 26 Amended return only: Enter the overpayment claimed or
adjusted on your original return.
Line 27 Subtract Line 26 from Line 25. If this is not an amended
return, enter zero.
Line 28 Line 24 less Line 27. If Line 27 is blank, enter amount
from Line 24. If less than zero, the return is overpaid. If amount is
greater than zero complete Lines 29 and 30.
Line 29	 Any tax due on this return not paid by April 15, 2024 is
de­lin­quent, and interest will be charged on such amount at the
annual interest rate. The annual interest rate can be obtained
from the Department’s website at dor.mo.gov/taxation/statutoryinterest-rates.html. Enter the interest on this line.
Line 30	 Enter the total of Lines 28 and 29. If a balance due,
submit this amount. Make check pay­able to “Missouri Department
of Revenue”.

Available Tax Credits

If an overpayment, submit a completed Application for Financial
Institution Tax Credit or Refund (Form 1141) with this return
indicating whether the overpayment is a refund or a credit.
Affordable Housing Assistance
Agricultural Products Utilization
Bond Enhancement
Brownfield “Jobs and Investment”
Business Use Incentives for
Large-scale Development (BUILD)
Capitol Complex - Artifact Donation
Capitol Complex - Monetary Donation
Development
Development Reserve
Developmental Disability Care Provider
Export Finance
Family Development Account

Family Farms Act
Historic Preservation
Infrastructure Development
Innovation Campus
Intern and Apprentice Recruitment
Maternity Home
Missouri Low Income Housing
Missouri Quality Jobs
Missouri Works
Neighborhood Assistance
New Enhanced Enterprise Zone
New Generation Cooperative
Pregnancy Resource

Rebuilding Communities and
Neighborhood Preservation Act
Remediation
Research Expense
Residential Treatment Agency
Shelter for Victims of Domestic
Violence
Small Business Incubator
Special Needs Adoption
Sporting Event
Youth Opportunities