Form Tc-20 - Utah Corporation Franchise Or Income Tax Return - 2004 Page 5
Download a blank fillable Form Tc-20 - Utah Corporation Franchise Or Income Tax Return - 2004 in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form Tc-20 - Utah Corporation Franchise Or Income Tax Return - 2004 with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4
5
6
7TC-20 H, Rev. 12/04
Schedule H - Nonbusiness Income Net of Expenses
(See instructions)
(For use with TC-20 and TC-20S)
Corporation Name
Taxable Year Ending
Employer Identification Number
Note: Failure to complete all information required below may result in automatic disallowance of the nonbusiness income claimed.
Utah Nonbusiness Income (Allocated to Utah)
Acquisition Date
Payor of
Beginning Value of Invest-
Ending Value of Investment
Description of Utah
Nonbusiness
of Nonbusiness
Nonbusiness
ment Used to Produce
Used to Produce
Nonbusiness Income
Income
Asset(s)
Income
Nonbusiness Income
Nonbusiness Income
1(a)
1(b)
1(c)
1(d)
2.
Total Utah nonbusiness income (add lines 1(a) through 1(d)) ....................................................................................... ................
3(a) Description of direct expenses related to line 1(a) above ____________________________ Enter amount of direct expenses
3(b) Description of direct expenses related to line 1(b) above ____________________________ Enter amount of direct expenses
3(c)
Description of direct expenses related to line 1(c) above ____________________________ Enter amount of direct expenses
3(d) Description of direct expenses related to line 1(d) above ____________________________ Enter amount of direct expenses
4.
Total direct related expenses (add lines 3(a) through 3(d)) .............................................................................................. ..............
5.
Utah nonbusiness income net of direct related expenses (subtract line 4 from line 2) ................................................. .................
Assets Used to Produce
Indirect Related Expenses for Utah Nonbusiness Income
Utah Nonbusiness Income
Total Assets
(Column A)
(Column B)
6.
Beginning of year .............................................................. .....
7.
End of year ....................................................................... .....
8.
Sum of beginning and ending asset values (add lines 6 and 7)
9.
Average assets (line 8 divided by 2)................................... .....
10.
Average Utah nonbusiness assets to average total assets (line 9, Column A, divided by line 9, Column B) ................. ...............
11.
Interest expense deducted in computing Utah taxable income (see instructions) .......................................................... ...............
12.
Indirect related expenses for Utah nonbusiness income (line 10 multiplied by line 11) .................................................. ...............
13.
Total Utah nonbusiness income net expenses (subtract line 12 from line 5) Enter here and on: TC-20, Sch. A, line 5a
TC-20S, Sch. A, line 6a
Non-Utah Nonbusiness Income (Allocated Outside Utah)
Acquisition Date
Payor of
Beginning value of Invest-
Ending Value of Investment
Description of Non-Utah
Nonbusiness
of Nonbusiness
Nonbusiness
ment Used to Produce
Used to Produce
Nonbusiness Income
Income
Asset(s)
Income
Nonbusiness Income
Nonbusiness Income
14(a)
14(b)
14(c)
14(d)
15.
Total non-Utah nonbusiness income (add lines 14(a) through 14(d)) ......................................................................... ...................
16(a) Description of direct expenses related to line 14(a) above ___________________________ Enter amount of direct expenses
16(b) Description of direct expenses related to line 14(b) above ___________________________ Enter amount of direct expenses
16(c) Description of direct expenses related to line 14(c) above ___________________________ Enter amount of direct expenses
16(d) Description of direct expenses related to line 14(d) above ___________________________ Enter amount of direct expenses
17.
Total direct related expenses (add lines 16(a) through 16(d)) ........................................................................................ ...............
18.
Non-Utah nonbusiness income net of direct related expenses (subtract line 17 from line 15) ........................................ ...............
Total Assets Used to
Indirect Related Expenses for non-Utah Nonbusiness Income
Produce Nonbusiness Income
Total Assets
(Column A)
(Column B)
19.
Beginning of year .................................................................... .......
20.
End of year ........................................................................... ..........
21.
Sum of beginning and ending asset values (add lines 19 and 20)
22.
Average assets (line 21 divided by 2) ................................. ...........
23.
Average total nonbusiness assets to average total assets (line 22, Column A, divided by line 22, Column B) ............. ................
24.
Interest expense deducted in computing Utah taxable income (see instructions) .......................................................... ...............
25.
Indirect related expenses for non-Utah nonbusiness income (line 23 multiplied by line 24) ........................................... ..............
26.
Total non-Utah nonbusiness income net of expenses (subtract line 25 from line 18) Enter here and on: TC-20, Sch. A, line 5b
TC-20S, Sch. A, line 6b
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial