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North Dakota Free Printable Form 60 - S Corporation Income Tax Return (2023) for 2024 North Dakota S Corp Income Tax Return

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S Corp Income Tax Return
Form 60 - S Corporation Income Tax Return (2023)

S CORPORATION INCOME TAX RETURN OFFICE OF STATE TAX COMMISSIONER Form 60 SFN 28717 (12-2023) 2023 A Tax year: Calendar year 2023 or Fiscal year beginning , 2023, and ending B Corporation's Name (Legal) , 20 C Federal EIN * Doing Business As Name (If Different From Legal Name) D Business Code No. (see instructions) Mailing Address E Date Incorporated Apt. Or Suite State City ZIP Code G TOTAL number of shareholders Enter number of Resident individual shareholders Trust/estate shareholders Nonresident individual shareholders Tax-exempt organization Month Day Year F Check all that apply: Initial return Amended return Final return Extension Farming/ranching corporation Composite return H Does this return include a qualified subchapter S subsidiary (QSSS)? If "Yes," attach a statement listing the name and federal employer identification number of each QSSS Yes No Before completing lines 1 through 13 on this page, complete the applicable schedules on pages 2 through 5. After completing Form 60, complete North Dakota Schedule K-1 (Form 60) for the shareholders. 1. Tax on excess net passive income and built-in gains, if any (from page 2, Schedule BG, line 8) 1 2. Income tax withheld from nonresident shareholders (from page 5, Schedule KS, line 3) 2 3. Composite income tax for electing nonresident shareholders (from page 5, Schedule KS, line 4) 3 4. Total taxes due. Add lines 1, 2, and 3 4 Tax paid 5. North Dakota income tax withheld shown on a Form 1099 and/or North Dakota Schedule K-1 received by corporation (Attach Form 1099 and/or ND Schedule K-1) 5 6. Estimated tax paid on 2023 Forms 60-ES and 60-EXT plus any overpayment applied from 2022 return (If an amended return, enter total taxes due from line 4 of previously filed return) 6 7. Total payments. Add lines 5 and 6 7 8. Overpayment. If line 7 is more than line 4, subtract line 4 from line 7 and enter result; otherwise, go to line 11. If result is less than $5.00, enter 0 8 9. Amount of line 8 to be applied to 2024 estimated tax 9 10. Refund. Subtract line 9 from line 8. If result is less than $5.00, enter 0 REFUND 11. Tax due. If line 7 is less than line 4, subtract line 7 from line 4. If result is less than $5.00, enter 0 12. Penalty Interest 10 11 Enter total penalty and interest 12 13. Balance due. Add lines 11 and 12 BALANCE DUE 13 Attach copy of 2023 Form 1120S (including Schedule K-1s) and copy of ND Schedule K-1s I declare that this return is correct and complete to the best of my knowledge and belief. Date Signature Of Officer Telephone Number Print Name Of Officer I authorize the ND Office of State Tax Commissioner to discuss this return with the paid preparer. (See instr.) For Tax Department Use Only Date Paid Preparer Signature Print Name Of Paid Preparer * Privacy Act Notice-See inside front cover of booklet PTIN Mail to: Office of State Tax Commissioner 600 E. Boulevard Ave., Dept. 127 Bismarck, ND 58505-0599 Telephone Number SCOR 2023 Form 60 SFN 28717 (12-2023), Page 2 Enter Name Of Corporation Schedule FACT Federal Employer Identification Number Calculation of North Dakota apportionment factor IMPORTANT: All corporations must complete the applicable portions of this schedule. See Schedule FACT instructions in Form 60 booklet. Property factor Column 3 Factor Column 2 North Dakota Column 1 Total Average value at original cost of real and tangible personal property used in the business. Exclude construction in progress. (Col. 2 ÷ Col. 1) 1. Inventories 1 2. Buildings and other fixed depreciable assets 2 3. Depletable 3 4. Land 4 5. Other assets (Attach schedule) 5 6. Rented property (Annual rental x 8) 6 7. Total property. Add lines 1 through 6 7 Result must be carried to six decimal places Payroll factor 8. Wages, salaries, commissions and other compensation of employees reported on Federal Form 1120S (If the amount reported in Column 2 does not agree with the total compensation reported for North Dakota unemployment insurance purposes, attach an explanation) 8 Sales factor 9 9. Gross receipts or sales, less returns and allowances 10. Sales delivered, shipped, or assignable to North Dakota destinations 10 11. Sales shipped from North Dakota to the U.S. Government, or to purchasers in a state or foreign country where the corporation does not have a filing requirement 11 12. Total sales. Add lines 9 through 11 12 13. Sum of factors. Add lines 7, 8, and 12 in Column 3 13 14. Apportionment factor - Divide line 13 by 3.0; however, if line 7, 8, or 12 of Column 1 is zero, divide line 13 by the number of factors (on lines 7, 8, and 12) showing an amount greater than zero in Column 1 14 Schedule BG Tax in excess passive income and built-in gains 1. Excess net passive income subject to federal tax on Federal Form 1120S 1 2. Built-in gains subject to federal tax on Federal Form 1120S, Schedule D 2 3. Add lines 1 and 2 3 4. Apportionment factor from Schedule FACT, line 14 4 5. North Dakota apportioned income. Multiply line 3 by line 4 5 6. North Dakota NOL deduction from worksheet in instructions (Attach worksheet) 6 7. North Dakota taxable income. Subtract line 6 from line 5 7 8. Tax from 2023 Tax Rate Schedule in instructions. Enter on Form 60, page 1, line 1 8 2023 Form 60 SFN 28717 (12-2023), Page 3 Enter Name Of Corporation Schedule K Federal Employer Identification Number Total North Dakota adjustments, credits, and other items distributable to shareholders All corporations must complete this schedule Important! All taxpayers must read this section. If the corporation is claiming a deduction or credit on line 2, 3, 4a, 4b, 4c, 5, 6, 7, 8, 9a, 10, 12a, 17, or 18 of this schedule, this section must be completed. See "Property tax clearance" in instructions for details. ► Does the corporation or any of its officers responsible for state tax matters hold a 50 percent or more ownership interest in real property located in North Dakota? Yes No If yes, enter below the name of each North Dakota county in which the corporation or any officers responsible for state tax matters hold a 50% or more interest in real property: Attach to Form 60 the completed Property Tax Clearance Record(s) obtained from each county identified above. North Dakota subtraction adjustments 1. Interest from U.S. obligations 1 2. Renaissance zone business or investment income exemption (Attach Schedule RZ) 2 3. New or expanding business income exemption (Attach documentation) 3 North Dakota tax credits 4. Renaissance zone tax credits: (Attach Schedule RZ) a. Historic property preservation or renovation tax credit 4a b. Renaissance fund organization investment tax credit 4b c. Nonparticipating property owner tax credit 4c 5. Seed capital investment tax credit (Attach documentation) 5 6. Agricultural commodity processing facility investment tax credit (Attach documentation) 6 7. Biodiesel or green diesel fuel blending tax credit (Attach documentation) 7 8. Biodiesel or green diesel fuel sales equipment tax credit (Attach documentation) 8 9a 9. a. Employer internship program tax credit (Attach documentation) b. Number of eligible interns hired in 2023 9b c. Total compensation paid to eligible interns in 2023 9c 10 10. Research expense tax credit (Attach documentation) 11. a. 11a Endowment fund tax credit from Schedule QEC, line 7 (Attach Schedule QEC) b. Contribution amount from Schedule QEC, line 4 11b c. Endowment fund tax credit from ND Schedule K-1 (Attach ND Schedule K-1) d. Contribution amount from ND Schedule K-1 12. a. 11c 11d 12a Workforce recruitment tax credit (Attach documentation) b. Number of eligible employees whose 12th month of employment ended in 2022 12b c. Total compensation paid for first 12 months of employment to eligible employees included on line 12b 12c 2023 Form 60 SFN 28717 (12-2023), Page 4 Enter Name Of Corporation Federal Employer Identification Number Schedule K continued . . . 13. Credit for wages paid to a mobilized employee (Attach Schedule ME or ND Schedule K-1) 13 14. Nonprofit private primary school tax credit (Attach documentation) 14 15. Nonprofit private high school tax credit (Attach documentation) 15 16. Nonprofit private college tax credit (Attach documentation) 16 17. Angel investor investment tax credit - only for credits attributable to investments made in qualified businesses by angel funds organized and certified after June 30, 2017 (Attach documentation) 17 18. Automation tax credit 18 19. Developmentally disabled/mentally ill employee tax credit 19 20. Maternity home, child placement agency, or pregnancy help center credit (Attach documentation) 20 21a 21. a. Apprentice tax credit (Attach documentation) b. Number of eligible apprentices employed in 2023 21b c. Total compensation paid to eligible apprentices in 2023 21c Other items Line 22 only applies to a multistate corporation 22. a. Total allocable income from all sources (net of related expenses) b. Portion of line 22a that is allocable to North Dakota 22a 22b Line 23 applies to all corporations 23. For disposition(s) of I.R.C. Section 179 property, enter the North Dakota apportioned amounts: a. Gross sales price or amount realized 23a b. Cost or other basis plus expense of sale 23b c. Depreciation allowed or allowable (excluding I.R.C. Section 179 deduction) 23c d. I.R.C. Section 179 deduction related to property that was passed through to partners 23d 2023 Form 60 SFN 28717 (12-2023), Page 5 Enter Name Of Corporation Schedule KS Federal Employer Identification Number Shareholder information All corporations must complete this schedule. Complete Columns 1 through 5 for all shareholders. Complete Column 6 for a nonresident shareholder. If applicable, complete Column 7 or Column 8 for a nonresident shareholder. See instructions for the definition of a "nonresident shareholder," which includes entities other than individuals. All Shareholders Column 1 Partner Name and address of shareholder If additional lines are needed, attach additional pages Column 2 Column 3 Column 4 Social Security Number/FEIN (See instructions) Type of entity Ownership % Name A State Address Zip Code Name B State Address Zip Code Name C State Address Zip Code Name D Address State Zip Code State Zip Code State Zip Code State Zip Code Name E Address Name F Address Name G Address Shareholder All Shareholders Nonresident Shareholders Only Complete Column 5 for ALL shareholders Important: Columns 6 through 8 are for a NONRESIDENT SHAREHOLDER only. See instructions for which shareholders to include in Columns 6, 7, and 8. Column 5 Column 6 Federal distributive share of income (loss) North Dakota distributive share of income (loss) Column 7 Column 8 North Dakota North Dakota Form PWA or income tax Form PWE composite income withheld (2.50%) (Attach copy) tax (2.50%) A B C D E F G 1 Total for Column 5 2 Total for Column 6 NA 1 NA 2 3 Total for Column 7. Enter this amount on Form 60, page 1, line 2 4 Total for Column 8. Enter this amount on Form 60, page 1, line 3 NA NA 3 4
Extracted from PDF file 2023-north-dakota-form-60.pdf, last modified September 2023

More about the North Dakota Form 60 Corporate Income Tax Tax Return TY 2023

We last updated the S Corp Income Tax Return in February 2024, so this is the latest version of Form 60, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 60 directly from TaxFormFinder. You can print other North Dakota tax forms here.

Related North Dakota Corporate Income Tax Forms:

TaxFormFinder has an additional 44 North Dakota income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the North Dakota Form 60.

Form Code Form Name
Form 60 Booklet Form 60 Booklet - S Corporation Income Tax
Form 60-PV S Corp Income Tax Payment Voucher
Form 60 EXT S Corporation Extension Payment
Form 60 K-1 Form 60-K1 - Shareholder's Share of ND Income, Deductions, Adjustments, Credits
Form 60 KS Additional Schedule KS forms
Form 60-ES S Corporation Estimated Tax Payment Voucher
Form 60035 Application to Obtain Certificate of Good Standing

Download all ND tax forms View all 45 North Dakota Income Tax Forms


Form Sources:

North Dakota usually releases forms for the current tax year between January and April. We last updated North Dakota Form 60 from the Office of State Tax Commissioner in February 2024.

Show Sources >

Form 60 is a North Dakota Corporate Income Tax form. Like the Federal Form 1040, states each provide a core tax return form on which most high-level income and tax calculations are performed. While some taxpayers with simple returns can complete their entire tax return on this single form, in most cases various other additional schedules and forms must be completed, depending on the taxpayer's individual situation, to create a complete income tax return package.

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 North Dakota Form 60

We have a total of twelve past-year versions of Form 60 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2023 Form 60

Form 60 - S Corporation Income Tax Return (2023)

2022 Form 60

Form 60 - S Corporation Income Tax Return (2022)

2021 Form 60

Form 60 2021 - S Corporation Income Tax Return

2020 Form 60

Form 60 - S Corporation Income Tax Return

2019 Form 60

Form 60 S Corporation Income Tax Return 2019

2018 Form 60

Form 60 - S Corporation Income Tax Return

2017 Form 60

Form 60 - S Corporation Income Tax Return

2016 Form 60

Form 60 - S Corporation Income Tax Return

2015 Form 60

Form 60 - S Corporation Income Tax Return

Form 60 - S Corporation Income Tax Return 2013 Form 60

Form 60 - S Corporation Income Tax Return

Form 60 S Corporation Income Tax Return 2012 Form 60

Form 60 S Corporation Income Tax Return

Form 60 - S Corporation Income Tax Return 2011 Form 60

Form 60 - S Corporation Income Tax Return


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