Schedule 20 PIC print requirements

To print, calculate, Indiana Schedule 20 PIC, Disclosure of Intangible Expense and Directly Related Intangible Interest Expense:
  1. Go to
    Organizer
    , select
    States
    ,
    Indiana
    , and select
    Schedule IT-20PIC
    .
  2. Enter the
    Paying Entity FID recipient Name
    , and
    Recipient FID
    . If there is no information, enter
    NONE
    in
    Part 1 - Transactions Involving Intangible Property with a Related Party
    .
  3. Do a Full recompute and print the return.
note
The Schedule itself appears on Page 4 of the IT-20. There is no option to force the IT-20PIC to print currently. It will generate when information is present to populate it. The IT-20PIC Forms won’t print blank.
IT-20 Sch PIC
is on Page 4 of the IT-20 and flows from the data entry at Organizer.

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