Income Tax Return - Individual Or Business Form - City Of Ironton, Ohio Page 2

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....
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IN LIEU OF COMPLETING
YOU MAY ATIACH
APPROPRIATE
FEDERAL SCHEDULE(S)
SECTION A
Profit (or Loss) from Business or Profession
1.
TOTAL RECEIPTS LESS ALLOWANCES, REBATES AND RETURNS
$
_
2.
LESS Cost of Labor $
Materials, supplies and other costs $
$
_
3.
GROSS PROFIT FROM SALES,
ETC.
(Line 1 less line 2)
$
_
4.
INTEREST $
OTHER BUSINESS INCOME (Specify) $
$
_
5.
TOTAL BUSINESS INCOME BEFORE DEDUCTIONS
$
_
6.
ADVERTISING AND PROMOTION
$
11. DEPRECIATION;.AMORTIZATION
$
_
7.
AUTO,
TRUCK AND TRAVEL
$
12. RENTS (Paid to
)
$
_
8.
INT. ON BUSINESS INDEBTEDNESS $
13. OTHER (List if over 10% of Line 14)
$
_
9a.
TAXES BASED ON INCOME.
$
14.
TOTALBUSINESSDEDUCTIONS(Totalof Lines6 to 13)
$
_
9b.
OTHER BUSINESS TAXES
$
15.
NET PROFIT (OR LOSS) FROM BUSINESS
10
SALARIES AND WAGES
$
OR PROFESSION (LINE 5 LESS LINE 14)
$
...........
.
..........
SECTION B
Total from Federal Schedule D, Form 4797.
$
SECTIONC
Income from Rents - from Schedule E.
Kind
&
Location of Property
Amount of Rent
Depreciation
Repairs
Other Expenses
Net Income (Or
Loss)
NET INCOME INCOME SECTION C .....
$
-
1
SECTION D
1
All other Taxable Income.
NET INCOME INCOME SECTION D .....
$ _--'-
---'
TOTAL
From Sections
A,
B, C
&
D.
Enter on Page 1, Line 1 ......•................•.
:
:
.
$1
SECTION X
Reconciliation with Federal Income Tax Return
ITEMS NOT DEDUCTIBLE
a.
Capital Losses (Excluding
Ordinary Losses)
$,
_
b.
Expenses incurred in the production
of non-taxable
income (at least 5% of line Z)
$
_
c.
Taxes based on income (State)
$,
_
d.
Taxes based on income (City)
$
_
e.
Net operating loss deduction
per Federal Return
$
_
f.
Payments to Partners
$,
_
g.
Contributions
$
_
h.
Other expenses not deductible
(Explain)
$
_
m.
(Enter Line 2a Other Side)
$
_
ADD
n.
ITEMS NOT TAXABLE
Capital Gains (Excluding
Ordinary Gains)
$
-'--
__
DEDUCT
o.
Interest Income ....
'.' ....
-_
$------
p.
Dividends ...................•................•....
$
-'-- __
q.
Other (Explain)
..............................•.....
$~.~
_
z.
(Enter Line 2b Other Side)
Total
$1
SECTIONY
Business Alloc'!tlon Formula
a.
LOCATED
EVERYWHERE
b. LOCATED
IN
THIS CITY
c.
PERCENTAGE
(b
e a)
STEP 1.
AVG.
VALUE 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
%
%
%-
%
4.
TOTAL PERCENTAGES
%
5:
AVERAGE
PERCENTAGES
(Divide Total Percentages
by Number of Percentages
Used)
Carry to
Line
3b,
Page 1
1
SECTION Z
PARTNER'S
SHARE OF INCOME
2.
Resident
3. Dist. Shares of Partners
4.
Other
5. Taxable
6.
Amount
Yes
No
Percent
Amount
Payments
Percentage
Taxable
1.
NAME AND MUNICIPALITY
OR TOWNSHIP
OF EACH PARTNER
".
TOTALS from Section A and D Above
100
$

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