Arizona Form 165 - Arizona Partnership Income Tax Return

AZ Form 165 (2001) Page 2

Schedule A - Additions to Partnership Income

A1 Non-Arizona municipal bond interest.............................................................................................................................................

A2 Capital investment by qualied defense contractor .......................................................................................................................

A3 Additions related to Arizona tax credits..........................................................................................................................................

A4 Other additions to partnership income...........................................................................................................................................

A5 Total additions to partnership income - add lines A1 through A4. Enter total here and on page 1, line 2 ......................................

Schedule B - Subtractions From Partnership Income

B1 Interest from U.S. government obligations ....................................................................................................................................

B2 Difference in adjusted basis of property ........................................................................................................................................

B3 Agricultural crops charitable contribution - see instructions...........................................................................................................

B4 Capital investment by qualied defense contractor .......................................................................................................................

B5 Other subtractions from partnership income..................................................................................................................................

B6 Total subtractions from partnership income - add lines B1 through B5. Enter total here and on page 1, line 4 ............................

Schedule C - Apportionment Formula (Multistate Partnerships Only)

See instruction pages 5 and 6

NOTE: Qualifying air carriers must use Schedule ACA

C1 Property Factor

Column A

Column B

Column C

Value of real and tangible personal property (by averaging the value of

Total

Total Within

Ratio Within

owned property used at the beginning and end of the tax period; rented

Within

and

Arizona

property at capitalized value)

Arizona

Without Arizona

A ÷ B

a. Owned property (at original cost):

Inventories ............................................................................................

Depreciable assets ...............................................................................

Land......................................................................................................

Other assets - (describe) ___________________________________

Minus: Construction in progress (if included in above totals) ...............

(

)

(

)

Minus: Nonbusiness property (if included in above totals) ...................

(

)

(

)

Total of section a...................................................................................

b. Rented property (capitalize at 8 times net rental paid) .........................

c. Total owned and rented property (section a total plus section b)..........

•

C2 Payroll Factor

Total wages, salaries, commissions and other compensation to employees

(per federal Form 1065 or payroll reports) ...................................................

•

C3 Sales Factor

a. Sales delivered or shipped to Arizona purchasers................................

b. Other gross receipts .............................................................................

c. Total sales and other gross receipts .....................................................

d. Double weight Arizona sales and gross receipts ..................................

X 2

e. Sales factor (for column A - multiply item c by item d; for column B -

enter amount from item c).....................................................................

•

C4 Total ratio - add C1(c), C2 and C3(e) in column C............................................................................................................................

•

C5 Average apportionment ratio - divide C4 by four (4). Enter the result in column C and on the Arizona

Schedule K-1(NR) in column (b).........................................................................................................................................................

•

Schedule D - Business Information

Describe briey the nature and location(s) of the partnership’s Arizona business activities:

_________________________________________________________________________________________________________________________

Describe briey the nature and location(s) of the partnership’s business activities outside of Arizona:

_________________________________________________________________________________________________________________________

ADOR 91-0031 (01) rj