Form Cd-310 - Franchise Tax Return Page 2
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1
2Legal Name
FEIN
Part 2.
Worksheet for Computing Amount Due for Quarter
Line Instructions
Semimonthly payers complete Lines 8 - 17, Columns (a) - (f). Monthly payers complete Lines 8 - 17 and enter the information for the entire month in Columns
(b), (d), and (f). Quarterly payers complete Lines 8 - 14 and 17 and enter the information for the entire quarter in Column (f).
Enter amount of total gross receipts derived from the business of furnishing electricity. (Receipts must be reported on accrual basis.)
Enter amount of gross receipts derived from sources outside of North Carolina.
Enter amount of gross receipts billed to others for resale on which the purchaser pays the franchise tax when resold.
Enter amount of bad debts.
Enter amount of gross receipts included in Line 8 that are not listed in Lines 9a-9c and are not subject to franchise tax. (Attach Schedule.)
Enter amount of Line 8 minus Lines 9a - 9d.
Multiply Line 10 by 3.22%.
Enter amount of tax credits available. (Attach Form NC-478.)
Enter amount of tax payment.
Enter the amount of Line 11 minus Lines 12 and 13.
If the total of Lines 12 and 13 is less than 95% of Line 11, multiply Line 14 by 10% and enter amount.
If the total of Lines 12 and 13 is less than 95% of Line 11, multiply Line 14 by current interest rate and enter amount.
Enter amount of Line 14 plus Lines 15 and 16.
(a)
(b)
(c)
(d)
(e)
(f)
1st - 15th
16th - end of month
1st - 15th
16th - end of month
1st - 15th
16th - end of month
Part 3.
Quarterly Distribution
(Attach completed Form CD-313.)
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