INSTRUCTIONS: ARIZONA CORPORATION INCOME TAX RETURN 2011 (Form 120)

Corporations operating in Arizona use a form 120 to report their state income tax due. This form is obtainable from the website of the Arizona Department of Revenue.

Arizona Corporation Income Tax Return 2011 120 Step 1: If filing on a fiscal year basis, give the starting and ending dates at the top of the form. Otherwise, indicate with a check mark that you are filing on a calendar year basis.

Arizona Corporation Income Tax Return 2011 120 Step 2: Give your business telephone number, activity code number, name, address, employer identification number and transaction privilege number.

Arizona Corporation Income Tax Return 2011 120 Step 3: Indicate with a check mark if filing a first return, or one documenting a name or address change.

Arizona Corporation Income Tax Return 2011 120 Step 4: Line A asks if you file your federal return on a consolidated basis. If so, give the employer identification number of your common parent as reported on your federal return.

Arizona Corporation Income Tax Return 2011 120 Step 5: Line B asks you to indicate with a check mark if filing as a separate company, as a combined unitary group, or as a consolidated organization.

Arizona Corporation Income Tax Return 2011 120 Step 6: Line C asks if you have attached Form 51 to document combined or consolidated filing methods.

Arizona Corporation Income Tax Return 2011 120 Step 7: Line D is only for multistate corporations.

Arizona Corporation Income Tax Return 2011 120 Step 8: Line E asks if this is your final return. If so, indicate if this is because the company has been dissolved, withdrawn or merged or reorganized. Give the employer identification number of any successor corporation.

Arizona Corporation Income Tax Return 2011 120 Step 9: Complete Schedule A on the second page. Transfer line A11 to line 2 of the first page.

Arizona Corporation Income Tax Return 2011 120 Step 10: Schedule B concerns subtractions from taxable income. Transfer line B12 to line 4 on the first page.

Arizona Corporation Income Tax Return 2011 120 Step 11: Schedules C through E are for multistate corporations only. Detail tax payments made in Schedule F.

Arizona Corporation Income Tax Return 2011 120 Step 12: Complete calculations as instructed on the first page to determine your tax due. Give all miscellaneous information requested in Schedule G.