Do I have to file an Arizona corporate tax return?
Every corporation subject to the Arizona Income Tax Act of 1978 must file an Arizona corporate income tax return. A limited liability company that makes a valid federal election to be taxed as a corporation must file an Arizona corporate income tax return.
How are S corporations taxed in Arizona?
S Corporations Unlike a traditional corporation, an S corporation generally is not subject to separate federal income tax. Arizona recognizes the federal S election, and—in most cases—Arizona S corporations are not required to pay corporate income tax to the state.
How do I file an S Corp in Arizona?
How to Set Up an S Corp in Arizona
- Choose and reserve your business name.
- Appoint a registered agent (referred to as a statutory agent in Arizona)
- Appoint initial directors.
- Prepare your corporate bylaws.
- Draft and file your Articles of Incorporation.
- Issue stock certificates to shareholders.
Is Arizona extension automatic?
Arizona. The Arizona Department of Revenue grants a six-month extension of time to file a return to October 15, but it’s not automatic. You must file Form 204 by April 15 to request an extension. Payments can also be remitted using Form 204.
Do I need to file an Arizona extension if I filed a federal extension?
For proper application of payment and to avoid delays, taxpayers must submit payments together with the completed Arizona Form 204. Individuals filing under a federal extension, or making an Arizona extension payment electronically, do not need to file Arizona Form 204.
What is the Arizona corporate tax rate for 2020?
4.9%
Combined State and Federal Corporate Income Tax Rates in 2020
| State | Rates | Brackets |
|---|---|---|
| 9.0% | $198,000 | |
| 9.4% | $222,000 | |
| Ariz. | 4.9% | $0 |
| Ark. | 1.0% | $0 |
Do Arizona LLCs need to file annual report?
Unlike most other states, Arizona does not require LLCs to file annual reports.
Does Arizona require separate extension?
Unlike the IRS, Arizona grants all taxpayers a 6-month extension (which means you do not file an extension in Arizona) of time to file penalty free beyond the April 15, 2021 due date. The extended e-File deadline is Oct. 15, 2021 and the Arizona paper filing due date is October 15, 2021.
Has Arizona extended the tax deadline for 2021?
The State of Arizona has announced it has moved the deadline for filing and paying state individual income taxes from April 15 to May 17, 2021. The extended deadline only includes individual returns.
