Screen LAG1 - Louisiana Franchise Taxable Base (1120)

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Schedule G-1

Not subject to Schedule G-1, lines 1 through 11
The application calculates Schedule G-1, lines 1 through 11 when Schedule G, lines 23 or 24, column B values are greater than zero. If
X
is entered, the application does not calculate Schedule G-1, lines 1 through 11.
Capital Stock: Common stock
Enter the amount included for the franchise taxable base if different from Schedule G, column 2, end of year amounts. This amount appears on Form CIFT-620SD, Schedule G-1, line 1a and 12.
Capital Stock: Preferred stock (C Corp)
Enter the amount included for the franchise taxable base if different from Schedule G, column 2, end of year amounts. This amount appears on Form CIFT-620SD, Schedule G-1, line 1b and 12.
Capital Stock: Paid-in or capital surplus - common / preferred (C Corp)
Enter the amount included for the franchise taxable base if different from Schedule G, column 2, end of year amounts. This amount appears on Form CIFT-620SD, Schedule G-1, either line 1a or 1b and line 13.
Earned surplus and undivided profits
Enter the amount included for the franchise taxable base if different from Schedule G, column 2, end of year amounts. This amount appears on Form CIFT-620SD, Schedule G-1, line 3 and 15.
Surplus reserves
Enter the amount included for the franchise taxable base if different from Schedule G, column 2, end of year amounts. This amount appears on Form CIFT-620SD, Schedule G-1, line 4 and 14.
Excess reserves and undervalued assets
Enter the amount included for the franchise taxable base if different from Schedule G, column 2, end of year amounts. This amount appears on Form CIFT-620SD, Schedule G-1, line 4 and 16.
Due to subsidiaries and affiliates (Do not net with receivables)
Enter the amount included for the franchise taxable base if different from Schedule G, column 2, end of year amounts. This amount appears on Form CIFT-620SD, Schedule G-1, line 6.
Deposit liabilities to affiliates
The application calculates the adjusted debt to affiliates by subtracting these amounts from Schedule G-1, line 6, Due to subsidiaries and affiliates. Amounts entered appear on Form CIFT-620SD, Schedule G-1, line 7 and 8.

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