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News & Press: Nonprofit Sector

New Electronic Tax Return Available

Tuesday, April 12, 2011   (0 Comments)
Posted by: Matt Mullenix
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The Louisiana Department of Revenue says that nonprofit organizations may use a new electronic tax return when they file their corporate income taxes beginning with 2010 tax-year returns due June 15, 2011, for nonprofit entities.

Beginning with returns filed for the 2010 tax year, CIFT- 620SF is available only as an electronic form on the LDR website at www.revenue.louisiana.gov/latap. There is no printed version of this form.

The only tax credits allowable on Form CIFT-620SF are the Louisiana Citizens Insurance Tax Credit and the Louisiana School Readiness Child Care Provider Credit. Any organization that wishes to claim other credits must use Form CIFT-620.

For more information, contact Revenue Tax Research Analyst Michelle Galland at 225-219-2690.


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