[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-304801-105":3,"detail-sidebar-cat-1-en-105":80,"doc-detail-304801-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":73,"head_meta":75,"extra_data":77,"updated_unix":79},105,"en","2004-subchapter-s-r-1104-important-information-for-2004","2004 - Subchapter S (R 11/04) - IMPORTANT INFORMATION FOR 2004","","Brief Subchapter S corporation income tax instructions and return information for Arkansas tax year 2004, including key statutory updates affecting how filers prepare and submit their state income tax returns. The packet explains changes to return due dates aligned with federal deadlines, clarifies retirement contribution limits through readopted federal rules, and summarizes technical corrections affecting topics such as depreciation, scholarships, education-related items, foster care payments, and other Internal Revenue Code provisions. It also outlines additional act-based tax exemptions and incentive programs relevant to Arkansas businesses and investors.",{"@graph":14,"@context":72},[15,34,55],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/2004-subchapter-s-r-1104-important-information-for-2004/304801/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/2004-subchapter-s-r-1104-important-information-for-2004/304801.png","ImageObject",442,249,{"name":42,"@type":43},"Arica Lee","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-09-27","2026-09-19",true,{"@type":52,"interactionType":53,"userInteractionCount":30},"InteractionCounter",{"@type":54},"ViewAction",{"@type":56,"mainEntity":57},"FAQPage",[58,64,68],{"name":59,"@type":60,"acceptedAnswer":61},"When is the Subchapter S corporation income tax return due for tax year 2004?","Question",{"text":62,"@type":63},"The due date is March 15, 2005, and the packet notes that return due dates were changed to match the corresponding federal return due date.","Answer",{"name":65,"@type":60,"acceptedAnswer":66},"How did Act 774 of 2003 change Arkansas state income tax filing and related interest or penalties?",{"text":67,"@type":63},"It aligned the due date for state income tax returns with the federal due date, updated when interest and penalties begin to accrue, and adjusted when estimated tax payment dates apply.",{"name":69,"@type":60,"acceptedAnswer":70},"What does the packet say about depreciation for Arkansas income tax compared with new federal law?",{"text":71,"@type":63},"Arkansas has not adopted certain new federal depreciation provisions; filers must follow Internal Revenue Code sections 167, 168, 179, and 179A as enacted January 1, 1999, for Arkansas returns.","https://schema.org",{"og:url":32,"og:type":74,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":76,"canonical":32},"index,follow",{"doc_id":78,"site_id":7},304801,1790212130,{"code":4,"msg":81,"data":82},"success",[83,88,93,98,103,108,113,117,122],{"id":84,"doc_module":22,"doc_module_name":25,"category_name":85,"show_sort_weight":86,"slug":87},11,"Presentations",90,"presentations",{"id":89,"doc_module":22,"doc_module_name":25,"category_name":90,"show_sort_weight":91,"slug":92},12,"Resumes",80,"resumes",{"id":94,"doc_module":22,"doc_module_name":25,"category_name":95,"show_sort_weight":96,"slug":97},14,"Invoices",70,"invoices",{"id":99,"doc_module":22,"doc_module_name":25,"category_name":100,"show_sort_weight":101,"slug":102},15,"Posters",60,"posters",{"id":104,"doc_module":22,"doc_module_name":25,"category_name":105,"show_sort_weight":106,"slug":107},16,"Social Media",50,"social-media",{"id":109,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},17,"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":115,"slug":116},18,30,"letters",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},21,"Paper Templates",5,"papers-templates",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":4,"slug":125},158,"General","general-158",{"code":4,"msg":81,"data":127},{"doc_id":78,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":114,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":30,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":135,"language":136,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":137,"faqs":138,"seo_title":139,"seo_description":12,"update_tm":140,"read_time":30},8796096645457,"https://ap-avatar.wpscdn.com/avatar/800003749518d68ffe3?x-image-process=image/resize,m_fixed,w_180,h_180&k=1779345340919836971","2004  \nIMPORTANT  \nThis Packet Contains Your Sub-Chapter S Corporation Income Tax Instructions and Return  \nDUE DATE: MARCH 15, 2005  \nPLEASE READ IMPORTANT INFORMATION FOR TAX YEAR 2004 INSIDE  \n397207  \nState of Arkansas State Income Tax  \nP. O. Box 1000  \nLittle Rock, AR 72203-1000  \nPRESORTED STANDARD U.S. POSTAGE  \nPAID  \nSTATE OF ARKANSAS  \nSubchapter S (R 11/04)  \nIMPORTANT INFORMATION FOR 2004  \nNOTE: THE FOLLOWING IS A BRIEF DESCRIPTION OF EACH ACT AND IS NOT INTENDED TO REPLACE A CAREFUL READING OF THE ACTIN ITS ENTIRETY.  \nState Tax Depreciation Unaffected by New Federal Law  \nArkansas has not adopted the depreciation provisions contained in the Job Creation Workers Act of 2002 and the Jobs and Growth Tax Relief Reconciliation Act of 2003.  \nWhile the new depreciation provision may be used for federal returns, many states, including Arkansas, operate under a different tax code. On Arkansas income tax returns, taxpayers must file following the rules in sections 167, 168, 179, and 179A under the Internal Revenue Code of 1986, enacted January 1, 1999.  \nReturn Filing Dates Changed (Act 774 of 2003)  \n1. Changes the due dates of state income tax returns to the due date for the corresponding federal income tax return, March 15 for calendar year filers.  \n2. Changes the dates that interest and penalty on unpaid income tax begins to accrue to the new return due dates.  \n3. Changes the dates that estimated tax payments are due to the corresponding federal due date for payments of estimated tax.  \nRetirement Contribution Limits Clarified (Act 218 of 2003)  \nThis act readopts federal law to allow Arkansas taxpayers to take advantage of increased annual contribution limits for IRAs, 401k, 403b, 457 and SIMPLE plans for state income tax purposes. The act also readopts federal law regarding the taxation of educational IRAs (IRAs established to provide funds for post-secondary education). The act will allow Arkansas taxpayers to take advantage of increased annual contribution limits for educational IRAs for state income tax purposes. This act is effective for tax years 2002 and later.  \nIncome Tax Technical Corrections Act (Act 663 of 2003)  \nThis act amends various state income tax provisions to adopt recent changes to the Internal Revenue Code (IRC) and other changes:  \n1. Clarifies that qualified withdrawals from IRC §529 Plans established in other states are tax exempt. Non qualified withdrawals are subject to Arkansas income tax.  \n2. Adopts IRC §117 to clarify the taxability of scholarships, fellowships and stipends.  \n3. Readopts IRC §131 regarding the exclusion from gross income of qualified foster care payments received by a foster home provider.  \n4. Readopts IRC §132 regarding the exclusion from gross income of certain noncash fringe benefits.  \n5. Readopts IRC §127 regarding the exclusion from gross income of education expenses paid by a taxpayer’s employer.  \n6. Adopts IRC §137 to allow a taxpayer to exclude from gross income adoptionrelated expenses paid or incurred by the taxpayer’s employer under the employer’sadoption assistance program.  \n7. Readopts Subchapter S ofthe Internal Revenue Code.  \n8. Adopts IRC §1042 regarding the deferral of gain realized on the sale of a corporation’s shares of stock to the corporation’s employee stock ownership plan (ESOP).  \n9. Readopts IRC §221 regarding the deduction of interest paid on qualified educational loans.  \n10. Readopts IRC §220 regarding the deduction of contributions made to a medical savings account (MSA).  \n11. Readopts IRC §23 regarding the credit allowed for adoption-related fees and expenses.  \n12. Adopts IRC §151(c)(6) regarding the tax treatment of kidnapped children.  \n13. Readopts IRC §21 regarding the credit allowed for household and child care services when such services are used for the purpose of holding gainful employment.  \nPartnerships and LLCs File Same as Federal (Act 965 of 2003)  \nThis act adopts the federal “check the box” regulations and requi","cbCaibLWlCJKAXpL","https://ap.wps.com/l/cbCaibLWlCJKAXpL","pdf",125825,8,"English","# IMPORTANT INFORMATION FOR 2004\n## State Tax Depreciation Unaffected by New Federal Law\n## Return Filing Dates Changed (Act 774 of 2003)\n## Retirement Contribution Limits Clarified (Act 218 of 2003)\n## Income Tax Technical Corrections Act (Act 663 of 2003)\n## Partnerships and LLCs File Same as Federal (Act 965 of 2003)\n## Interest on Arkansas Soil and Water Bonds Tax Exempt (Act 598 of 2003)\n## Certain Venture Capital Investments Exempt from Capital Gain (Act 857 of 2003)\n## New Biodiesel Incentives (Act 1287 of 2003)\n## Arkansas Capital Development Corporation Act Amended (Act 860 of 2003)\n## New Coal Incentives (Act 993 of 2003)","[{\"question\":\"When is the Subchapter S corporation income tax return due for tax year 2004?\",\"answer\":\"The due date is March 15, 2005, and the packet notes that return due dates were changed to match the corresponding federal return due date.\"},{\"question\":\"How did Act 774 of 2003 change Arkansas state income tax filing and related interest or penalties?\",\"answer\":\"It aligned the due date for state income tax returns with the federal due date, updated when interest and penalties begin to accrue, and adjusted when estimated tax payment dates apply.\"},{\"question\":\"What does the packet say about depreciation for Arkansas income tax compared with new federal law?\",\"answer\":\"Arkansas has not adopted certain new federal depreciation provisions; filers must follow Internal Revenue Code sections 167, 168, 179, and 179A as enacted January 1, 1999, for Arkansas returns.\"}]","2004 - Subchapter S (R 11/04) - IMPORTANT INFORMATION FOR 2004 | PDF",1789817437]