Form Pit-B - Allocation And Apportionment Of Income Schedule - 2016 Page 2
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1
22016 PIT-B
*160590200*
(page 2)
NEW MEXICO ALLOCATION AND APPORTIONMENT
OF INCOME SCHEDULE
YOUR SOCIAL SECURITY NUMBER
BUSINESS NAME
BUSINESS TAX IDENTIFICATION NUMBER
H.
FEIN
G.
CRS
I.
WORKSHEET FOR APPORTIONMENT OF BUSINESS AND FARM INCOME
Complete a worksheet for each business or farm.
See worksheet instructions for definitions relating to the apportionment factors below.
PROPERTY FACTOR
1.
Column 2
Column 3
Column 1
New Mexico
Factor
Total Everywhere
a.
Average value of real and tangible personal property
owned or rented by the taxpayer and used during the
tax period...........................................................................
1a
_ _ . _ _ _ _
%
b.
DIVIDE Column 2 by Column 1, showing 4 decimal places ...............................................................................................
1b
2.
PAYROLL FACTOR
a.
Compensation paid by taxpayer........................................
2a
_ _ . _ _ _ _
%
b.
DIVIDE Column 2 by Column 1, showing 4 decimal places ...............................................................................................
2b
3.
SALES FACTOR
a.
Total sales, excluding non-business income......................
3a
_ _ . _ _ _ _
%
b.
DIVIDE Column 2 by Column 1, showing 4 decimal places ...............................................................................................
3b
_ _ . _ _ _ _
%
4.
Total of lines 1b, 2b, and 3b........................................................................................................................................................
4
_ _ . _ _ _ _
%
5.
DIVIDE line 4 by the number of factors used and enter here, showing 4 decimal places ..........................................................
5
MULTIPLY the line 8, Column 1 amount on PIT-B, page 1 by the decimal amount on line 5 of this worksheet. Enter the result on PIT-B, page 1,
line 8, Column 2. If you have more than one business or farm, complete a worksheet for each business or farm, calculate the result for each busi-
ness or farm, and enter the sum of the results on PIT-B, line 8, Column 2. Attach a worksheet for each business or farm to your PIT-1 and PIT-B.
Have you changed your reporting of any class or type of allocated or apportioned income from the way it was reported in
a prior taxable year?
Yes
No
. . This.entity.submitted.written.notification.of.its.election.to.use.one.of.the.special.methods.of.apportionment.of.business
income for tax year ending _______________. The effective date of the election is ______________.
See instructions.
Month/Day/Year
K.
J.
Month/Day/Year
Mark the box indicating the special method elected.
Manufacturers
Headquarters Operation
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