Form Fid-1 - New Mexico Fiduciary Income Tax Return

2009 NEW MEXICO FID-B schedule 1

COMPUTATION OF NEW MEXICO PERCENTAGE

Name of estate or trust as shown on page 1 of Form FID-1

FEIN of estate or trust

ThIs sChEDUlE MUsT BE COMplETED BY EsTATEs OR TRUsTs hAVING INCOME FROM BOTh INsIDE AND OUTsIDE NEW MEXICO.

NOTE: The separate accounting method may not be used by a business in New Mexico.

Column 2

Column 1

Column 3

Column 4

less related expenses/

gross

distributions

net

allocation to New Mexico

Dividends ...........................................................

Interest (Include non-New Mexico municipal

bond interest) ....................................................

Income from other fiduciaries, S corporations,

partnerships and limited liability entities ............

Rents and royalties ............................................

Profit or loss from the sale or exchange of

assets ................................................................

Net operating loss carryover (Enter as positive

amount) (from FID-1, page 2, line 4) .................

Net business and farm income (Complete

Form FID-B, Schedule 2) ..................................

Other income (Attach schedule) .........................

Total of lines 1 through 8 ....................................

9a. Calculate allocation percentage for deductions (divide line 9, column 4 by line 9,

columm 3. Resulting fraction is used to calculate column 4, lines 10-12).................................

10. Deduction for exemption ..........................................................................................................

11. Deduction for distributions not shown above ............................................................................

12. Other deductions (Attach schedule) .........................................................................................

13. Total of lines 10 through 12 ......................................................................................................

14. Taxable income of estate or trust (Subtract line 13 from line 9) ...............................................

15. Income from lump-sum distributions (Attach federal Form 4972) ............................................

16. Total income (Add lines 14 and 15) ..........................................................................................

17. New Mexico percentage of income (Divide line 16, column 4 by line 16, column 3). Calculate to two

decimal places (Example: 22.46%). Enter here and on line 6 of FID-1 .............................................................................

Form Fid-1 - New Mexico Fiduciary Income Tax Return - 2009 Page 3