Schedule Y - Business Allocation Formula

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SCHEDULE Y BUSINESS ALLOCATION FORMULA
ACCOUNT NAME: _________________________________________________
ACCOUNT NUMBER: ______________________________________________
FOR TAX YEAR 2003
a. LOCATED
b. LOCATED IN
c. PERCENTAGE
EVERYWHERE
CINCINNATI
(b/ a)
STEP 1. Average value of real &
tangible personal property ……….
Gross annual rental paid
multiplied by 8……………………
%
…………………….
TOTAL STEP 1
STEP 2. Wages, salaries, etc.
%
paid employees ……………………
STEP 3. Gross receipts from sales
made and/or work or
%
services performed ……………….
%
STEP 4. TOTAL PERCENTAGES………
STEP 5. AVERAGE PERCENTAGE
(Divide total percentages
by number of percentages
used)……………………………….
%
CARRY TO LINE 14 OF YOUR RETURN

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