Form K-120 - Kansas Corporation Income Tax - 2000 Page 5
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6KANSAS
K-120AS
Corporation Apportionment Schedule
FOR USE BY CORPORATIONS APPORTIONING INCOME
(Corporations using the combined income method must use Schedule K-121)
PART VI - APPORTIONMENT FORMULA
WITHIN KANSAS
TOTAL COMPANY
A. Property
(1) Value of owned real and tangible personal
PERCENT
Beginning
End
Beginning
End
WITHIN
of Year
of Year
of Year
of Year
property used in the business at original cost
KANSAS
Inventory.........................................................................
Depreciable assets.........................................................
Land................................................................................
Other tangible assets (Enclose schedule)......................
Less: Construction in progress........................................
Total property to be averaged.........................................
.
Average owned property (Beg. + End
2).....................
.
(2) Net annual rented property. Multiplied by 8...................
%
A
TOTAL PROPERTY (Enter on line 14, Block A, page 1)
B. Payroll (Those corporations qualified and utilizing the elective two-factor formula must complete
Total Company
Within Kansas
this area only during the first year of qualifying)
(1) Compensation of officers...........................................................................................................
(2) Wages, salaries and commissions............................................................................................
(3) Payroll expense included in cost of goods sold.........................................................................
(4) Payroll expense included in repairs...........................................................................................
(5) Other wages and salaries..........................................................................................................
TOTAL PAYROLL (Enter on line 14, Block B, page 1) (If qualified and utilizing the elective
two-factor formula, do not carry this percentage to page 1)
%
B
C. Sales (Gross receipts, less returns and allowances)........................................................................
(1) Sales delivered or shipped to purchasers in Kansas:
(a) Shipped from outside Kansas..............................................................................................
(b) Shipped from within Kansas................................................................................................
(2) Sales shipped from Kansas to:
(a) The United States Government...........................................................................................
(b) Purchasers in a state where the taxpayer would not be taxable (e.g., under Public
Law 86-272)........................................................................................................................
(3) Dividends...................................................................................................................................
Interest......................................................................................................................................
Rents.........................................................................................................................................
Royalties....................................................................................................................................
Gains/losses from intangible asset sales..................................................................................
Gross proceeds from tangible asset sales................................................................................
Other income (Enclose schedule).............................................................................................
TOTAL SALES (Enter on line 14, Block C, page 1)
%
C
%
D(1)
D(1).
Total percent (Sum of lines A, B & C if utilizing three factors)................................................................................................................
%
D(2)
D(2).
Total percent (Sum of lines A & C if qualified and utilizing two-factor formula)......................................................................................
%
E
E.
Average percent of either D(1) or D(2), whichever is applicable (Enter on line 14, page 1)..................................................................
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