Form Pit-B - New Mexico Allocation And Apportionment Of Income Schedule - 2006
ADVERTISEMENT
1
2*60580200*
2006 PIT-B
NEW MEXICO ALLOCATION AND APPORTIONMENT
OF INCOME SCHEDULE
YOUR SOCIAL SECURITY NUMBER
Print your name (first, middle, last)
-
-
This schedule must be completed by taxpayers who allocate and apportion income from both within and outside the State of New Mexico. Please refer
to instructions. Include the Schedule PIT-B with your Personal Income Tax Return, Form PIT-1.
For first-year and part-year resident taxpayers, enter the period of residency:
From _________________, through ________________.
Attach a schedule if more than one period of residency applies.
NOTE: R
185
ESIDENT TAXPAYERS INCLUDING PERSONS PHYSICALLY PRESENT
DAYS OR MORE IN THIS STATE MUST ALLOCATE ALL INCOME AND
1, 2, 3
7
N
M
.
DEDUCTIONS ON LINES
AND
IN FULL TO
EW
EXICO
ALLOCATION OF NONBUSINESS INCOME
Column 1- Total Federal Income
Column 2 - New Mexico Income
1. Wages, salaries, tips, etc.
(If nonresident military personnel, see PIT-B
1
0 0
0 0
instructions.) ................................................................
2. Interest and dividends (Include difference: From
Schedule PIT-ADJ, line 1 minus line 5) .........................
2
0 0
0 0
3. Pensions, annuities, Social Security and lump-sum
3
0 0
0 0
distributions ..................................................................
4. Rents and royalties ......................................................
4
0 0
0 0
5. Gains or losses from the sale or exchange
5
0 0
0 0
of property ....................................................................
6. Income or losses from pass-through entities .............
6
0 0
0 0
7. All other income not included in lines 1 - 6
and lines 8 and 9 ..........................................................
7
0 0
0 0
8. Net operating loss carryforward
(See PIT-B instructions) ..............................................
0 0
0 0
8
APPORTIONMENT OF BUSINESS INCOME (If no business income, go to line 10.)
9. Business and farm income
(Complete worksheet on page 2; see instructions.) ..
9
0 0
0 0
10. ADD lines 1 - 9 and enter the amount here ................
10
0 0
0 0
11. Federal adjustments to income: For column 1 enter
figure from line 36, federal Form 1040 or line 20,
,
1040A. For column 2 see PIT-B instructions ..............
11
0 0
0 0
12. Total income (Line 10 minus line 11); column 1 must
be equal to or greater than Federal Adjusted
,
,
,
12
0 0
0 0
Gross Income (Line 6, Form PIT-1.) .......................
,
(If nonresident military personnel, see PIT-B instructions.)
13. DIVIDE amount on line 12, column 2 by amount on line 12, column 1. Compute to 3 decimal places.
__.__ __ __
.
(Cannot be less than zero. If greater than 1, enter 1.000.) ...................................................................................................... 13
14. Using the Tax Rate Tables, find the tax applicable to line 13, Form PIT-1. If an amount is shown on
14
0 0
line 15, Form PIT-1, add this amount to the tax and enter the result here. .........................................
,
,
15. MULTIPLY line 13 by line 14. Enter the amount here and on line 14 of Form PIT-1 ............................
15
0 0
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial