Form Wf-1 - Village Of Octa Income Tax Return Page 2

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WHITE - ORIGINAL
PAGE 2
CANARY - TAXPAYER COPY
APPROPRIATE FEDERAL SCHEDULE(S) MAY BE SUBSTITUTED
SCHEDULE C - PROFIT (Or Loss) FROM BUSINESS OR PROFESSION
IDENTIFICATION NO.
Business Name
Business Address
1. TOTAL RECEIPTS, LESS ALLOWANCES, REBATES AND RETURNS ........................... $ ____________________
2. LESS (A)
Cost of Goods Sold, or (B)
Cost of Operations, whichever is
Applicable. (ATTACH SCHEDULE) ...................................................................................... $ ____________________
3. GROSS PROFIT FROM SALES, ETC. (Line 1 less Line 2) ............................................. $ ____________________
4. DIVIDENDS $ __________ INTEREST $ _________ ROYALTIES $ __________ ........ $ ____________________
5. RENTS RECEIVED, IF CONNECTED WITH TRADE OR BUSINESS ............................. $ ____________________
6. OTHER BUSINESS INCOME (Specify) ........................................................................... $ ____________________
7. TOTAL BUSINESS INCOME BEFORE DEDUCTIONS .................................................................................... $ ____________________
BUSINESS DEDUCTIONS
8. ADVERTISING AND PROMOTION ............ $ _______________________ 14. (A) COMPENSATION OF OFFICERS ..................... $ _________________________
9. AUTO, TRUCK AND TRAVEL ..................... $ _______________________
(B) SALARIES AND WAGES (Not deducted elsewhere) .. $ _________________________
10. BAD DEBTS .............................................. $ _______________________
(C) PAYMENTS TO PARTNERS .............................. $ _________________________
11. REPAIRS ................................................... $ _______________________
(D) COMMISSIONS ................................................. $ _________________________
12. INTEREST ON BUSINESS INDEBTEDNESS . $ _______________________ 15. DEPRECIATION, AMORTIZATION .......................... $ _________________________
13. (A) INCOME TAXES ON BUSINESS ........ $ _______________________ 16. RENTS (paid to
) ........................ $ _________________________
(B) OTHER BUSINESS TAXES ................ $ _______________________ 17. OTHER (Attach Statement) ...................................... $ _________________________
18. TOTAL BUSINESS DEDUCTIONS (total of lines 8 to 17) ............................................................................... $ ____________________
19. NET PROFIT (or loss) FROM BUSINESS OR PROFESSION (line 7 less line 8) ..................................................................... $
_______________
SCHEDULE G - INCOME FROM RENTS (if not included in Schedule C.)
(attach statement explaining columns 3, 4, and 5)
2.
6.
3.
4.
5.
1. KIND & LOCATION OF PROPERTY
AMOUNT OF RENT
NET INCOME (OR LOSS)
DEPRECIATION
REPAIRS
OTHER EXPENSES
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
NET INCOME (or loss) SCHEDULE G ........................................................................................................................................... $
_______________
SCHEDULE H - OTHER INCOME NOT INCLUDED IN SCHEDULES C OR G
(do not list interest or dividends)
INCOME FROM PARTNERSHIPS, ESTATES, TRUSTS, FEES, ETC.
RECEIVED FROM
FOR (DESCRIBE)
AMOUNT
$
$
$
TOTAL INCOME SCHEDULE H .................................................................................................................................................... $
_______________
TOTAL SCHEDULES C, G & H ENTER ON LINE 2, PAGE 1 ........................................................................................................ $
_______________
HAS YOUR FEDERAL TAX LIABILITY FOR ANY PRIOR YEAR BEEN CHANGED IN THE YEAR COVERED BY THIS RETURN AS A RESULT OF AN
EXAMINATION BY IRS?
YES
NO
IF YES, HAS AN AMENDED OCTA RETURN BEEN FILED FOR SUCH A YEAR OR YEARS?
YES
NO

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