Form 502 - Virginia Schedule Vk-1 - Owner'S Share Of Income And Virginia Modifications And Credits - 2006

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2006 VIRGINIA
Owner’s Share of Income And
*VA0VK1106888*
Schedule VK-1
Virginia Modifications And Credits
(Form 502)
Check If -
Owner Information
Final
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Check Here If Owner Is Participating In An Individual Unified Nonresident Return
Amended Return
Name
FEIN Or SSN
Address
Virginia Account Number, If Applicable
Address
City or Town, State And ZIP Code
Pass-Through Entity (PTE) Information
Name
FEIN
Address
Virginia Account Number
Address
Tax Year End Date
City or Town, State And ZIP Code
Additional Owner Information
/ /
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a. Date Owner Acquired Interest In The Pass-Through Entity (MM/DD/YYYY) ..................................................................
b. Owner’s Entity Type (Enter code; see instructions) . ........................................................................................................
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c. Owner’s Participation Type (Enter code; see instructions) . .............................................................................................
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d. Owner’s Participation Percentage ( Example: 47.35% - see instructions.) .....................................................................
%
Distributive Or Pro Rata Income And Deductions
See instructions.
00
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1. Total Of Taxable Income Amounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.
00
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2. Total Of Deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.
00
3. Tax-exempt Interest Income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.
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Allocation And Apportionment
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4. Income Allocated To Virginia (Owner’s Share From PTE’s Schedule 502A, Part A, Line 2) . . . . . . . . . . . . . . . . . . . 4.
00
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5. Income Allocated Outside Of Virginia (Owner’s Share From PTE’s Schedule 502A, Part A, Line 3e) . . . . . . . . . . . 5.
00
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6. Apportionable Income (Owner’s Share From PTE’s Schedule 502A, Part A, Line 4) . . . . . . . . . . . . . . . . . . . . . . . . 6.
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7. Virginia Apportionment Percentage (From PTE’s Schedule 502 A, Part B or Part C or 100%). . . . . . . . . . . . . . . . . 7.
%
Virginia Additions - Owner’s Share
00
8. Fixed-date Conformity - Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8.
00
9. Fixed-date Conformity - Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.
00
1 0. Net Income Tax Or Other Tax Used As A Deduction In Determining Taxable Income (See Instructions) . . . . . . . . 10.
00
1 1. Interest On Municipal Or State Obligations Other Than From Virginia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.
00
1 2. a-c Refer To Instruction Book For Other
12a.
. . . . . . . . . . . 12a.
00
Addition Codes
12b.
. . . . . . . . . . . 12b.
00
12c.
. . . . . . . . . . . 12c.
00
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1 3. Total Additions (Line 8 Through 12c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.
Notice: You have received this Schedule VK-1 because the above named Pass-through Entity (PTE) earned income from Virginia sources and has
passed through to you a portion of that Virginia source income based on your ownership of the PTE. A copy of this schedule has been filed
with the Virginia Department of Taxation. Everyone who receives Virginia source income is subject to taxation by Virginia regardless of state of
residency or domicile. You may be required to file a Virginia tax return even though you may be a nonresident individual or a business domiciled
outside of Virginia. To determine if you are required to file a Virginia income tax return, consult your tax professional. Information and forms may
be obtained at , or call the Virginia Department of Taxation at 804-367-8031 (individuals) or 804-367-8037 (businesses).
Va. Dept. Of Taxation 2601024 VK-1 (Rev 10/06)

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