Who Must file DC Form D-30?

Who Must file DC Form D-30?

Generally, an unincorporated business, with gross income (Line 10) more than $12,000 from District sources, must file a D-30 (whether or not it has net income). This includes any business carrying on and/or engaging in any trade, business, or commercial activity in DC with income from DC sources.

Who is subject to DC unincorporated business tax?

There is a minimum tax of $250 if DC gross receipts are $1 million or less. If DC receipts are greater than $1 million, there is a $1,000 minimum tax. The District of Columbia’s unincorporated franchise tax applies to all businesses operating in DC other than corporations.

Where do I send my D-30?

If you do not have the return envelope, make sure to address your envelope to: for D-20, Office of Tax and Revenue PO Box 96166, Washington DC 20090- 6166, for the D-30 to: Office of Tax and Revenue PO Box 96165 Washington, DC 20090-6165.

Do I have to pay DC franchise tax?

Corporations must report income as follows: Corporations must pay a minimum tax as follows: $250 minimum tax, if DC gross receipts are $1 million or less. $1000 minimum tax, if DC gross receipts are more than $1 million.

Can I efile a DC return?

Washington, D.C. Income Taxes and D.C. Tax Forms. Washington, D.C. State Income Taxes for Tax Year 2021 (January 1 – Dec. 31, 2021) can be prepared and e-Filed now along with an IRS or Federal Income Tax Return (or you can learn how to only prepare and file a D.C. state return).

Do businesses have to file corporate franchise tax in DC?

The Corporate Franchise Tax Corporations that carry on or engage in a business or trade in D.C. or otherwise receive income from sources within D.C. must file Form D-20 with the D.C. Office of Tax and Revenue.

How do I file a tax extension in DC?

To request a six-month extension, taxpayers should file Form FR-127, Extension of Time to File a DC Income Tax Return. To access Form FR-127, from the Main Menu of The District of Columbia return, select Miscellaneous Forms > FR-127 – Extension of Time to File. This form IS supported for e-file.

Who is subject to DC franchise tax?

The DC franchise tax, also known as the DC unincorporated business franchise tax, is a tax imposed on some businesses operating in the District of Columbia that have gross receipts of $12,000 or more.

How do I file DC tax return?

To file by paper, you can obtain forms via the website at MyTax.DC.gov and select Forms, or from several locations around the District. Visit Location of Tax Forms to find out where.

Does DC require a tax extension?

Extensions – An extension of time to file is NOT an extension of time to pay. Taxpayers who do not expect to have a balance due on Form D-40 are not required to file Form FR-127 (Extension of Time to File a DC Income Tax Return) if a timely filed federal Form 4868 was filed with the IRS.

Do I have to file a DC income tax return?

Do I have to file a DC income tax return? You must file a DC tax return if: You were a resident of the District of Columbia and you were required to file a federal tax return. (A resident is an individual domiciled in DC at any time during the taxable year);

Do I have to file a Washington DC tax return?

You must file a DC tax return if: You were a resident of the District of Columbia and you were required to file a federal tax return. (A resident is an individual domiciled in DC at any time during the taxable year);

How do I apply for DCDC on form D-30?

DC APPORTIONMENT FACTOR:Column 2 divided by Column 1. Enter on D-30, Line 28. Taxpayer Name:*200300140000* D-30 FORM, PAGE 4 Taxpayer Identification Number: Revised 12/2020 Disregarded Entity Name TIN

What should I include in my D-30 form?

Include all income and expenses that one return. You may provide separate computations to show the net income or loss of each business. Taxicab/Limo Drivers Any non-resident taxicab/limo driver who operates a motor vehicle for hire in the District must file a Form D-30.

When was the last district of Columbia form D-30 updated?

We last updated District of Columbia Form D-30 from the Office of Taxpayer Revenue in April 2021. Form D-30 is a District of Columbia Corporate Income Tax form.

Where do I submit an amended form D-30?

If “Yes”, submit separately an amended Form D-30 and a detailed state- ment, concerning adjustments, to the Office of Tax and Revenue, PO Box 610, Washington, DC 20044-0610. Page 5 10. Is this return reported on the accrual basis?