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Primer: Corporate Income Taxes Indiana

If you have chosen to incorporate your business, you must file and pay federal income taxes, and, in many cases, state and local income taxes as well.

Local Companies

Bodony S G Inc
(317) 844-4377
9000 Keystone Xing
Indianapolis, IN
Stuard & Associates Inc
(765) 352-1975
2311 Foxcliff Est N
Martinsville, IN
Capital Group the
(317) 469-0520
8332 Woodfield Crossing B
Indianapolis, IN
Skytel Inc
(812) 579-6426
10375 E Base Line Rd
Columbus, IN
Genesis Management Services
(574) 268-1236
827 S Union St Ste 130
Warsaw, IN
Myers Bradley Business
(574) 295-5681
1616 Elreno St
Elkhart, IN
Pro-Telligent Llc
(812) 333-1243
3460 E Maritime Ct
Bloomington, IN
W C M Associates
(260) 637-8064
Fort Wayne, IN
Douglas Enterprises Llc
(317) 788-0052
718 Ferndale Ct
Indianapolis, IN
Small Business Development Center
(574) 282-4350
401 E Colfax Ave
South Bend, IN



If you have chosen to incorporate your business, you must file and pay federal income taxes, and, in many cases, state and local income taxes as well.

If you are a C Corporation, you will pay income taxes on income left over after business expenses. These taxes are calculated on a sliding scale that usually increases as your income rises. You may also be liable for other taxes, such as personal-holding-company taxes and the accumulated-earnings tax. You should consult with your tax advisor to see exactly what corporate income taxes apply to your company.

If you are an S Corporation, your company, in most cases, will not pay direct taxes. Instead, the income or loss is passed on directly to the shareholders, who pay the tax at the personal rate. Be aware that some states do not recognize S corporation status and tax the company directly. No matter what kind of corporation you are, your federal corporate returns are due a month prior to personal income tax returns -- the fifteenth day of the third month after the company's fiscal year ends. So, if your year ends on December 31, your tax return is due March 15, instead of April 15. Corporate estimated taxes are due on the 15th day of the fourth, sixth, ninth, and twelfth month after the end of the fiscal year. For a year ending on December 31, that would be April 15, June 15, September 15, and December 15.

Read more about Primer: Corporate Income Taxes

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