Form 65 - Partnership/limited Liability Company Return Of Income - 2001 Page 2
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Form 65 — 2001
SCHEDULE B
ALLOCATION OF NONBUSINESS INCOME, LOSS, AND EXPENSE
Identify by account name and amount all items of nonbusiness income, loss, and expense removed from apportionable income and those items which are directly allocable to Ala-
bama. Adjustment(s) must also be made for any proration of expenses under Alabama Income Tax Regulation 810-27-1-4-.01(d), which states, “Any allowable deduction
that is applicable to both business and nonbusiness income of the taxpayer shall be prorated to each class of income in determining income subject to tax…” (See instructions.)
1
DIRECTLY ALLOCABLE ITEMS
ALLOCABLE GROSS INCOME / LOSS
RELATED EXPENSE
NET OF RELATED EXPENSE
Column A
Column B
Column C
Column D
Column E
Column F
Everywhere
Alabama
Everywhere
Alabama
Everywhere
Alabama
a
b
c
d
e
f
g
h
2 Nonbusiness Income/Loss (total a through h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SCHEDULE C
APPORTIONMENT FACTOR SCHEDULE
TANGIBLE PROPERTY AT COST FOR
ALABAMA
EVERYWHERE
PRODUCTION OF BUSINESS INCOME
BEGINNING OF YEAR
END OF YEAR
BEGINNING OF YEAR
END OF YEAR
1 Inventories
2 Land
3 Furniture and fixtures
4 Machinery and equipment
5 Buildings and leasehold improvements
6 IDB/IRB property (at cost)
7 Government property (at FMV)
8
9
10 Less construction in progress (if included above)
11 Totals
12 Average owned property (BOY + EOY ÷ 2)
13 Annual rental expense for this year
x8
=
x8
=
14a
14b
14 Total average property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . . . . . .
15
15 Alabama property factor — 14a ÷ 14b = line 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
%
16a
ALABAMA
16b
EVERYWHERE
16c
SALARIES, WAGES, COMMISSIONS, AND OTHER COMPENSATION
RELATED TO THE PRODUCTION OF BUSINESS INCOME
16 Alabama payroll factor — 16a ÷ 16b = 16c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
%
SALES
ALABAMA
EVERYWHERE
17 Destination sales (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
18 Origin sales (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
19 Total gross receipts from sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
20 Capital and ordinary gains gross proceeds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
21 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
22 Rents. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
23 Other _____________________________________ (Federal 1065, line _____ )
24a
24b
24c
24 Alabama gross receipts factor — 24a ÷ 24b = line 24c. . . . . . . . . . . . . . . . . . . . . . . . . .
%
25
25 Sum of lines 15, 16c, and 24c ÷ 3 = ALABAMA APPORTIONMENT FACTOR (enter here and on line 4, Schedule D) . . . . . . . . . . . . . . . . . . . . . .
%
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