Screen MOFIAdj - Missouri Bank Franchise Income and Adjustments (1120)

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Additions to Federal Income

Income from state or political subdivision obligations
The application transfers items to this statement from the federal return. The application assumes these amounts are not taxable to Missouri. Enter adjustments to income in the Non-Missouri Amount column of the statement.
Charitable contribution claimed on federal return
The application transfers items attached to the statement from the federal return. Enter any adjustments to contributions in the statement.

Deductions from Federal Income

Charitable contributions
Enter charitable contributions for Missouri bank franchise tax purposes in the statement. The application automatically limits the deduction to 5 percent of total income before the charitable contribution deduction.

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