Schedule L Form - Partially Exempt Income Page 2
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1
2Rev. 05.10
Schedule L - Page 2
Part III
Deductions and Net Operating Income
14.
Compensation to partners (stockholders) or officers .....................................................
00
(14)
15.
Salaries, bonuses and commissions to employees ......................................................
00
(15)
16.
Commissions to businesses ......................................................................................
00
(16)
17.
Social security tax (FICA) ..........................................................................................
00
(17)
18.
Unemployment tax ....................................................................................................
00
(18)
19.
State Insurance Fund premiums...........................................................................
00
(19)
20.
Medical or hospitalization insurance ...........................................................................
00
(20)
21.
Insurance..................................................................................................................
00
(21)
22.
Interest......................................................................................................................
00
(22)
23.
Rent..........................................................................................................................
00
(23)
24.
Property tax (a) Personal___________ (b) Real_________ ...........................................
00
(24)
25.
Other taxes, patents and licenses (Submit detail) ........................................................
00
(25)
26.
Losses from fire, storm, theft or other casualties ..........................................................
00
(26)
27.
Motor vehicle expenses (Do not include depreciation) ..................................................
00
(27)
28.
Meal and entertainment expenses (Total __________________) ..................................
00
(28)
29.
Travel expenses ........................................................................................................
00
(29)
30.
Professional services .................................................................................................
00
(30)
31.
Contributions to pensions and other qualified plans (See instructions) ..........................
00
(31)
32.
Current depreciation and amortization (Submit Schedule E) .........................................
00
(32)
33.
Flexible depreciation (Submit Schedule E) ..................................................................
00
(33)
34.
Accelerated depreciation (Submit Schedule E) ............................................................
00
(34)
35.
Bad debts (See instructions of line 37 of the return. Submit detail) ........................................
00
(35)
36.
Charitable contributions .............................................................................................
00
(36)
37.
Repairs .....................................................................................................................
00
(37)
38.
Other deductions (Submit detail) ................................................................................
00
(38)
39.
Total deductions (Add lines 14 through 38)..............................................................................................
00
(39)
Net operating income (or loss) for the year (Subtract line 39 from line 13. Enter here and
40.
in Part I, line 1) .............................................................................................................................
00
(40)
Part IV
Detail of Other Direct Costs
8.
Repairs
..........................................
(8)
00
00
1.
Salaries, wages and bonuses .................
(1)
9.
Utilities .............................................
(9)
00
00
2.
Social security tax (FICA) .......................
(2)
10.
Current depreciation (Submit Schedule E) ..
(10)
00
00
3.
Unemployment tax .................................
(3)
11.
Flexible depreciation (Submit Schedule E)
(11)
00
00
4.
State Insurance Fund premiums .............
(4)
12.
(
E)
Accelerated depreciation
Submit Schedule
(12)
00
00
5.
Medical or hospitalization insurance .......
(5)
13.
Other expenses (Submit detail) ..............
(13)
00
00
6.
Other insurance .....................................
(6)
14.
Total other direct costs (Add lines
00
Excise taxes .....................................
7.
(7)
.
1 through 13. Enter in Part II, line 5)
(14)
00
Retention Period: Ten (10) years
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