INSTRUCTIONS: MAINE AMENDED CORPORATE INCOME TAX RETURN (Form 1120X-ME)
Corporations operating in Maine can amend a previously filed tax return with a form 1120X-ME. This document can be found on the website of the government of the state of Maine.
Maine Amended Corporate Income Tax Return 1120X-ME Step 1: At the top of the form, enter the name of your corporation, its federal business code and employer identification number, address, city, town, zip code and state of incorporation. If applicable, enter the federal employer identification number of your parent company. Give the name and phone number of a contact person.
Maine Amended Corporate Income Tax Return 1120X-ME Step 2: Indicate the reason you are filing an amended return with a check mark.
Maine Amended Corporate Income Tax Return 1120X-ME Step 3: On the first two pages, all lines to be completed have three columns. Column A is for your originally reported figures, column B requires you to enter the difference between the original and amended figures, and column C is for the amended figure.
Maine Amended Corporate Income Tax Return 1120X-ME Step 4: Enter your federal consolidated income on line A.
Maine Amended Corporate Income Tax Return 1120X-ME Step 5: Enter your federal taxable income on line 1.
Maine Amended Corporate Income Tax Return 1120X-ME Step 6: Enter your subtractions on lines 2a through 2h. Total these on line 2k.
Maine Amended Corporate Income Tax Return 1120X-ME Step 7: Subtract line 2k from line 1. Enter the difference on line 1.
Maine Amended Corporate Income Tax Return 1120X-ME Step 8: Document your additions on lines 4a through 4h. Add lines 3 and 4h and enter the total on line 5.
Maine Amended Corporate Income Tax Return 1120X-ME Step 9: Calculate your taxes as instructed on lines 6 through 7c.
Maine Amended Corporate Income Tax Return 1120X-ME Step 10: Document your payments and credits on lines 8a through 8h.
Maine Amended Corporate Income Tax Return 1120X-ME Step 11: Lines 9 through 11 provide instructions for calculating your final balance or refund owed.
Maine Amended Corporate Income Tax Return 1120X-ME Step 12: At the bottom of the second page, give your company's web page, your corporation president's name and Social Security number, and the same information for your treasurer. An officer should sign and date the form, and give their title and Social Security number.
