INSTRUCTIONS: MONTANA S CORPORATION INFORMATION AND COMPOSITE TAX RETURN (Form CLT-4S)
S corporations doing business in Montana should file their composite taxes owed to the state using a form CLT-4S. This form is found on the website of the state's Department of Revenue.
Montana S Corporation Information And Composite Tax Return CLT-4S Step 1: Indicate with a check mark whether you are filing an initial, amended, final or refund return.
Montana S Corporation Information And Composite Tax Return CLT-4S Step 2: Give your business name and mailing address.
Montana S Corporation Information And Composite Tax Return CLT-4S Step 3: Give your federal employer identification number.
Montana S Corporation Information And Composite Tax Return CLT-4S Step 4: Enter the number of schedule K-1 forms attached, the number of resident and nonresident shareholders, and the number of all other types of shareholders.
Montana S Corporation Information And Composite Tax Return CLT-4S Step 5: Enter the date on which you were incorporated and the date on which this occurred.
Montana S Corporation Information And Composite Tax Return CLT-4S Step 6: Give your NAICS and Montana Secretary of State identification numbers. If you are a foreign corporation, give the date on which you were issued a certificate of authority to do business in Montana.
Montana S Corporation Information And Composite Tax Return CLT-4S Step 7: Document your total income or loss as instructed on lines 1 through 11. You will need to consult your federal form 1120S, Schedule K to complete this part of the form, as well as lines 12 through 14.
Montana S Corporation Information And Composite Tax Return CLT-4S Step 8: Complete lines 15 through 20 as instructed to determine your total Montana source income.
Montana S Corporation Information And Composite Tax Return CLT-4S Step 9: Complete lines 21 through 25 as instructed to determine your total tax owed or total refund due from the state.
Montana S Corporation Information And Composite Tax Return CLT-4S Step 10: If filing late, complete lines 26a through 26f to determine your penalties and interest owed. Adjust your amount owed accordingly on lines 27 and 28.
Montana S Corporation Information And Composite Tax Return CLT-4S Step 11: If you have overpaid and are owed a refund, complete lines 29 through 31. An officer of the business should sign and print their name, and give their title, the date and a telephone number.
