Vermont Form Bi-472 - S Corporation Schedule - 2004
ADVERTISEMENT
1
2*044721199*
VERMONT DEPARTMENT OF TAXES
Montpelier, Vermont 05609-1401 / (802) 828-5723
2004
VERMONT S Corporation Schedule
* 0 4 4 7 2 1 1 9 9 *
PRINT in BLUE or BLACK INK
Attach to Form BI-471
Vermont Business Account Number
Business/Entity Name
# # # # # #
X X
FOR NONRESIDENTS ONL
FOR NONRESIDENTS ONL
FOR NONRESIDENTS ONL
FOR NONRESIDENTS ONL
FOR NONRESIDENTS ONLY Y Y Y Y
Place an “X” in the box to indicate a loss amount.
1. From Federal Form 1120S (2004) pp. 2-3, (Schedule K) “Shareholders’ Share Of Income, Credits, Deductions, etc.”, combine Lines 1, 2, 3c, 4, 5a,
6, 7, 8a, 9 & 10. Subtract Lines 11, 12a, 12b, 12c, 12d(2) & 12e. Include total recapture of section 179-expense deduction reported to shareholders
in Section 17 of their Schedule K-1’s (Form 1120S). Also include the net of all credits or credit recaptures reported to shareholders on Schedule
K-1(s), Form 1120S. Attach complete copy of Federal Form 1120S and
0 0
,
,
,
.
all Federal Schedule K-1s. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1.
0 0
,
,
,
.
2. ADD Interest on non-Vermont state and local obligations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2.
3. SUBTRACT
0 0
,
,
,
.
(a) Interest on U.S. Government obligations . . . . . . . . . . . . . . 3(a).
0 0
,
,
,
.
(b) Targeted Job Credit salary and wage expense add back . 3(b).
0 0
,
,
,
.
(c) SUBTOTAL Add Lines 3(a) & 3(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3(c).
0 0
,
,
,
.
4. TOTAL NET INCOME {Add Lines 1 and 2 and then subtract Line 3(c)} . . . . . . . .
4.
5. INCOME ALLOCATED EVERYWHERE
0 0
,
,
,
.
(VT Form BA-402, Part 1, Line 1a, or leave blank) . . . . . . . . . . . . . . . . . . . . . . . .
5.
6. NET APPORTIONABLE INCOME Subtract Line 5 from Line 4.
0 0
,
,
,
.
Enter the result here. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6.
7. VERMONT APPORTIONMENT PERCENTAGE
%
.
(100% or amount from VT Form BA-402, Line 23) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7.
0 0
,
,
,
.
8. NET INCOME apportioned to Vermont (Multiply Line 6 by Line 7) . . . . . . . . . . . .
8.
9. TOTAL NET INCOME Allocated and Apportioned to Vermont (add VT Form
0 0
,
,
,
.
BA-402, Part 1, Line 1b, & Line 8, above). Enter the result here. . . . . . . . . . . . . .
9.
Indicate each nonresident shareholder’s share of Line 9 on Side 2.
Form BI-472
1
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial