Woodford County Tax Administrator Net Profits License Fee Return Form Page 2

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COMPLETE
THE APPLICABLE
COLUMN AND ATTACH CORRESPONDING
FEDERAL SCHEDULES
EVEN IF A LOSS WAS INCURRED
INDIVIDUAL
1. Non-employee
conpensation
reported
as
"other income"
on
Federal
1040 (Attach page 1 of 1040 and form 1099 if applicable)
2. Net profit per each Federal
Schedule
C, E, and/or F
(rr
reporting
more than one schedule,
losses incurred on any schedule
cannot be
netted against the other schedules.)
3. Capital gain from Federal
Form 4797 of
Federal
Form 6252
reported
on Schedule
D of Form 1040 (Attach
Form
4797,
pages
1 and 2 or Form 6252.)
4.
Ordinary
gain or (loss) on the sale of property
used in trade
or business
per Federal
Form 4797 (attach Form 4797 pages 1 and 2.)
5.
Ordinary
income or (loss) per Federal Form 1065 (Attach Form
1065,
Pages
1, 2, and 3, Schedules
of Other
Deductions,
and Rental
Schedules(s)
if applicable.)
6. Taxable
income or (loss) per Federal Form 1120 or 1120A or
.
Ordinary
income or (loss) per Federal Form 1120S (Attach Form
1120 or
1120A,
pages 1 &2 or 1120S, pages 1, 2, and 3, Schedule
of other Deductions
& Rental Schedule(s)
if applicable.)
7.
State income taxes and occupational
license taxes based upon
income & deducted
on the Federal
Schedule
C,
E,
F, or Form 1066,
1120, 1120A, or
1120S.
8.
Additions
from Schedule
K of Form 1065 or 1120S (Attach
Schedule
K of Form 1065 or 1120S and Rental Schedule(s),
if applicable.)
9.
Net operating
loss deducted
on Form
1120.
10. Total income - add line
1
through
line 9
11. Subtractions
from Schedule
K of Form 1065 or Form
1120S.
(Attach
Schedule
K tD FDrm 1065 Dr 1120S and Rental Schedule(s)
rr
applicable)
12.
Alcoholic
Beverage
Sales Deduction
(see directions)
13.
Other Adjustments
(attach
schedule)
14. Professional
expenses
not reimbursed
by the Partnership.
(Attach
schedule)
15. Total Deductions
- add lines 11 through14
16.
Adjusted
Net Profit-Subtract
Line 15 from line 10. Enter here
.
and on Line 17 on the front page.
*Detailed
instructions
are available
on our website:
-go to our website
-click on forms (listed toward the top of the page)
-click on Net Profit License Fee Return Instructions

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