Form Rct-143mutual Thrift Institutions (Page 4 of 5) in pdf

14300054041

RCT-143

Page 4

Have any items of taxable income as originally reported to the Federal Government for any prior period(s) been changed or

corrected?

❒

Yes

If YES, indicate period(s):

DATE OF CHARTER

COMPUTATION OF NET INCOME TAX BY TAXPAYER

1. Net Income (or Loss) from Line VIII, Page 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2. Income from U.S. Obligations

+ PA Obligations

(attach schedules) = .

3. Line 1 less Line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3.

4. Interest Expense Allocable to Tax Exempt Income

U.S. + PA Interest Income

Interest Expense

Total Interest Income

5. Taxable Income (or Loss) (Line 3 plus Line 4). If Institution Apportions, Skip Lines 6-8 and Enter this Amount on Line 9 .

6. Net Loss Deduction if Not Apportioning Income (Attach Schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7. Pennsylvania Taxable Net Income (or Loss) (Line 5 less Line 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Enter 11

% of Line 7 if not Apportioning Income; (Enter this amount on Page 1, Column A) (Whole Dollars Only) . . . .

9. Income to be Apportioned - Enter the Amount from Line 5 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

– – – – – –

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10. Apportionment Proportion (Table 4, Line 5 of Apportionment Schedule, Page 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10.

11. Income Apportioned to Pennsylvania (Line 9 multiplied by Line 10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11.

12. Net Loss Deduction (Attach Schedule) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12.

13. Pennsylvania Taxable Net Income (or Loss) (Line 11 less Line 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13.

14 Tax (11

% of Line 13; (Enter this amount on Page 1, Column A) (Whole Dollars Only) . . . . . . . . . . . . . . . . . . . . . . . . . . . 14.

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