Schedule A - Utah Taxable Income For Pass-Through Taxpayers Instructions Page 3
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3Schedule E – Prepayments of
Any Type Instructions
Do not include on this line any pass-through withholding
Line 3 – Other Prepayments
tax credit received from another pass-through entity as
List the date and amount of all prepayments made for
reported on a Utah Schedule K-1 you received. Pass-
the fi ling period. Enter the check number if payment is
through withholding tax credits received from other
not made electronically. Enter the total amount on line
pass-through entities are entered on TC-250 and al-
3. Attach additional pages, if necessary.
located to the shareholders on the Utah Schedule K-1.
Prepayments are not required for pass-through with-
holding tax.
Line 1 – Overpayment Applied from Prior Year
Enter the amount of any refund applied from the prior
Line 4 – Total Prepayments
year to the current year’s liability.
Add lines 1, 2 and 3. Enter the total on this line and on
Schedule A, line 17.
Line 2 – Extension Prepayment
List the date and amount of any extension prepay-
ment. Enter the check number if payment is not made
electronically.
TC-20, Schedule H – Nonbusiness Income
Net of Expenses Instructions
Gain or loss from the sale, exchange, or other disposi-
Complete TC-20, Schedule H to determine nonbusiness
tion of real property or of tangible or intangible personal
income allocated to Utah and outside Utah. All income
that arises from the conduct of the trade or business
property constitutes business income if the property
operations of a taxpayer is business income.
while owned by the taxpayer was used in, or was oth-
erwise included in the property factor of the taxpayer’s
Nonbusiness income means all income other than
trade or business. See Rule R865-6F-8(2)(e)(ii).
business income and will be narrowly construed. In-
tangible income must be properly classifi ed and based
Rental income from real and tangible property is
business income if the property with respect to which
upon factual evidence. The burden of proof is on the
the rental income was received is or was used in the
taxpayer to justify the manner in which the income is
taxpayer’s trade or business and therefore is includable
claimed on the return.
in the property factor. See Rule R865-6F-8(2)(e)(i).
Interest income is business income where the intan-
Complete TC-20, Schedule H as follows:
gible with respect to which the interest was received
arises out of or was created in the regular course of
• Complete lines 1a through 14 if you are claiming
the taxpayer’s trade or business operations, or where
only Utah nonbusiness income.
the purpose for acquiring and holding the intangible is
an integral, functional, or operative component of the
• Complete lines 15a through 28 if you are claiming
taxpayer’s trade or business operations, or otherwise
only non-Utah nonbusiness income.
materially contributes to the production of business
• Complete lines 1a through 28 if you are claiming
income of the trade or business operations. See Tax
both Utah and non-Utah nonbusiness income.
Commission Rule R865-6F-8(2)(e)(iii).
Use additional pages or supporting schedules in the
Dividends are business income where the stock with
same format, if necessary, to provide complete informa-
respect to which the dividends were received arose out
tion, including a description of the business purpose
of or was acquired in the regular course of the taxpayer’s
for making the investment, the transactions creating
trade or business operations or where the acquiring
the non-business income, and the use of revenues
and holding of the stock is an integral, functional, or
generated by the non-business investment.
operative component of the taxpayer’s trade or business
operations, or otherwise materially contributes to the
production of business income of the trade or business
operations. See Rule R865-6F-8(2)(e)(iv).
Page 9
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