Form Sf-1065 - Springfield Income Tax Partnership Return (Page 2 of 2) in pdf

ADJUSTED PARTNERSHIP INCOME – SCHEDULE A

Please Attach Complete Copy of Federal Form 1065

1. ORDINARY INCOME (OR LOSS) from page 1, U.S. Partnership Return of Income, Form 1065

$ ______________

Add:

Qualifying dividends

$ ______________

Net loss or one half net gain from sale or exchange of property–Col. 7, Schedule C

______________

Partners' Salaries and interest deducted on page 1, Form 1035

Other income, including net rents.

______________

City of Springfield income tax, if included in line 1 above

______________

TOTAL LINES 1 THROUGH 6

$ ______________

8. DEDUCT: Exempt interest and dividends

$ _______________

Business contributions unallowable on U.S. Partnership Return

$ _______________

10.

Additional first year depreciation

$ _______________

11.

ADJUSTED PARTNERSHIP INCOME FOR THE YEAR

$ ______________

EXCLUSIONS FOR NON-RESIDENT PARTNERS – SCHEDULE B

12. Dividends $_______________________________interest $____________________________(enter total dividends and interest)

$ ______________

13. Net rental income from property outside City of Springfield

______________

14. Net capital gains (or losses) on sale of property located outside City (after Jan. 1, 1989, included in line 11)

______________

15.

TOTAL EXCLUSION FOR NON-RESIDENT PARTNERS

$ ______________

SALE OR EXCHANGE OF PROPERTY – SCHEDULE C

COL.1

COL. 2

COL. 3

COL. 4

COL. 5

COL. 6

COL. 7

KIND OF PROPERTY

DEPRECIATION

GAIN OR LOSS

DATE

DATE SOLD

PROCEEDS

Cost or other

(If necessary, attach statement of

ACQUIRED

(Mo, Day, Yr.)

OF SALE

basis or Jan., 1989

Allowable Since

(col. 4 Less 5 Plus 6)

descriptive details not shown below)

Acquisition of Since

(Mo, Day, Yr.)

market value

Do not include Part IV

Jan. 1989 if market

Schedule D, 1065 Gains & Losses

value is used in Col. 5

16______________________________________

______________

17______________________________________

______________

18______________________________________

______________

19______________________________________

______________

20 Net gain (or loss) _______________________

______________

DISTRIBUTION TO PARTNERS – SCHEDULE D

COL. 1

COL. 2

COL. 3

COL. 4

COL. 5

INCOME

EXCLUSIONS

TAXABLE INCOME

ALLOCATION %

TAXABLE INCOME

For period Jan. 1, 1989

for non-resident partners

before

From Line 25, Schedule E

(Col. 3 x % in

thru December

(From Line 15

non-resident

Apply only to

Col. 4)

of fiscal year

Schedule B)

allocation

non-residents

(Col. 1 less Col. 2)

(Enter 100% for residents)

Ended____________________, 19________

1.(a) ___________________________ $ ___________________ $ ___________________

__________________% $ ____________________

2.(b) ___________________________

____________________

__________________% _____________________

3.(c) ___________________________

____________________

__________________% _____________________

4.(d) ___________________________

____________________

__________________% _____________________

5.(e)

6.TOTALS

BUSINESS ALLOCATION FORMULA – SCHEDULE E

LOCATED

LOCATED IN

PERCENTAGE

. .

(TO BE USED BY NON-RESIDENT PARTNERS ONLY)

II – I

EVERYWHERE

SPRINGFIELD

21. Average net book value of real and tangible personal property of the filing year

a. Gross rentals multiplied by 8 of the filing year

________________ ________________

b.Total (Add lines 21 and 21a)

______________ ______________

_____________%

22. Total wages, salaries, commissions and other compensation of all employees (exclude partners) for

the filing year

______________ ______________

_____________%

23. Gross receipts from sales made or services rendered of the filing year

______________ ______________

_____________%

24. Total Percentages–add the three percentages computed for lines 21b, 22 and 23 which you entered in the last column (you must compute a

percentage for each of lines 21b, 22 and 23)

_____________%

25. Average percentage (one-third of line 24-enter here and on Page 2, Schedule D, Column 4 (see note below)

_____________%

NOTE:

In determining the average percentage (line 25), a factor shall be excluded from the computation only when such factor does not exist anywhere insofar as the

taxpayer's business operation is concerned and, in such cases, the sum of the percentages on line 24 shall be divided by the number of factors used. In the case

of a taxpayer authorized by the Administrator to use one of the special formulae, use the lines provided below.

a. Numerator ___________________________________

c. Percentage (a - b)_______________________enter here and on P. 2, Sch. D, Col. 4

b. Denominator _________________________________

d. Date of Administrator's letter ____________________________________________

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