Income Tax Return Form - Eastlake - 2006 (Page 2 of 2) in pdf

PAGE 2

DISREGARD THIS PAGE IF ENTIRE AND ONLY TAXABLE INCOME IS FROM SALARIES AND WAGES

EASTLAKE BUSINESS INCOME TAX RETURN

Business Name ______________________________________________________________________ Fed. I.D No. ____________________ Fed. Code # __________________

Local Business Address________________________________________________________________ Nature of Business ______________________________________________

Eastlake Business Only, List Persons or Entity to Whom You Pay Rent __________________________________________________________________________________________

SCHEDULE C

RETURNS WILL NOT BE ACCEPTED WITHOUT COPIES OF FEDERAL SCHEDULES C AND E, FORMS 1120,

1120S, FORM 1065 WHEN APPLICABLE. MUST INCLUDE ALL PAGES, SCHEDULES & STATEMENTS.

CALCULATIONS MUST BEGIN WITH THE

NET PROFIT

FIGURES

BEFORE SPECIAL DEDUCTIONS

(1120 LINE 28, 1120S LINE 20, 1065 LINE 22) FROM THE FEDERAL RETURN.

SCHEDULE C FROM BUSINESS OR PROFESSION

(

)

1. Net profit or loss per Federal Income Tax Return $_________________

Present Year Loss............................................................

SCHEDULE G

Income from Rents — Attach Federal Schedule E and Supporting Documentation

KIND & LOCATION OF PROPERTY

RENT RECEIVED

DEPRECIATION

REPAIRS

EXPENSES

NET INCOME (OR LOSS)

NET INCOME SCHEDULE G .....................

SCHEDULE H

All Other Taxable Income

INCOME FROM PARTNERSHIPS, ESTATES & TRUSTS: FEES, TIPS, COMMISSIONS, GAMBLING WINNINGS AND MISCELLANEOUS

RECEIVED FROM

FOR (DESCRIBE)

AMOUNT

TOTAL INCOME SCHEDULE H

SCHEDULE X

RECONCILIATION WITH FEDERAL INCOME TAX RETURN (NOT FOR INDIVIDUAL NON-BUSINESS USE)

ITEMS NOT DEDUCTIBLE

ITEMS NOT TAXABLE

ADD

DEDUCT

a. Capital Losses (Excluding Ordinary Losses) ..........................

$ ____________

Capital gains (Excluding Ordinary Gains) ................................

$ ____________

Expenses incurred in the production of non-taxable income ....

____________

Interest Income ........................................................................

____________

Taxes based on income (Including Franchise Tax) ..................

____________

m. Dividend Income ......................................................................

____________

d. Net operating loss carry forward from Federal Return ............

____________

n. Section 179 Deduction ............................................................

____________

e. Amounts paid or accrued on behalf of owners/partners for qualified self employed

retirement plans, health insurance and/or life insurance..........

____________

Other (explain) ..........................................................................

____________

..................................................................................................

Officers Compensation not included in W-2 wages..................

____________

..................................................................................................

g. Other expenses not deductible (explain) ..................................

____________

Total Deductions (enter on Line 21B) ..................................

$ ____________

h. Total Additions (enter on Line 21A) ....................................

$ ____________

SCHEDULE Y

BUSINESS ALLOCATION FORMULA (ALL STEPS MUST BE COMPLETED IF LESS THAN 100% EASTLAKE BUSINESS)

a. LOCATED

b. LOCATED IN

c. PERCENTAGE

NEW

EVERYWHERE

EASTLAKE

(b ÷ a)

STEP 1

AVG. ORIGINAL COST OF REAL & TANG. PERSONAL PROPERTY

____________

GROSS ANNUAL RENTALS PAID MULTIPLIED BY 8

____________

TOTAL STEP 1

____________

____________%

STEP 2

GROSS RECEIPTS FROM SALES MADE AND/OR WORK

OR SERVICES PERFORMED

____________

____________%

STEP 3

WAGES, SALARIES, AND OTHER COMPENSATION PAID

____________

____________%

STEP 4

TOTAL PERCENTAGES

____________

____________%

STEP 5

AVERAGE PERCENTAGE (Divide Total Percentages by Number of Percentages Used)

Carry to Line 22B below______________%

20.

TOTALS FROM SCHEDULES C, G & H ABOVE......................................................................................................................................................................

$ ______________

21.

ITEMS NOT DEDUCTIBLE (From Line h, Schedule X Above)..................................................................................................ADD $______________

ITEMS NOT TAXABLE (From Line o, Schedule X Above)..................................................................................................DEDUCT $______________

ENTER EXCESS OF LINE 21A or 21B ............................................................................................................................................................................

$ ______________

22.

ADJUSTED NET INCOME (Line 20 plus or minus Line 21C) ..........................................................................................................................................

$ ______________

AMOUNT ALLOCABLE TO EASTLAKE IF SCHEDULE Y IS USED ____________% OF Line 22A ..............................................................................

$ ______________

(

)

LESS ALLOCABLE: LOSS PER IMMEDIATELY PROCEEDING EASTLAKE INCOME TAX RETURNS (LIMIT 1 YEAR) ..............................................

$ ______________

23.

AMOUNT SUBJECT TO MUNICIPAL INCOME TAX (Carry to Page 1 Line 2) ........................................................................................................................

$ ______________

SCHEDULE Z

Partners’ Distributive Shares of Net Income — From Federal Schedules 1065 and 1099

3. Distributive Shares of Partners

4. Other

5. Taxable

6. Amount

1. NAME OF EACH PARTNER

2. ADDRESS

Payments

Percentage

Taxable