Name(s) as shown on Page 1
Social Security Number
SCHEDULE Y (BUSINESS ALLOCATION FORMULA)
Use this schedule if engaged in business in more than one city and you do not have books and records which will disclose with reasonable accuracy what portion
of the net profits is attributed to that part of the business done within the boundaries of the city or cities involved.
A. Located Everywhere
Step 1. Average net book value of real and tangible personal property................................................................... $
Gross annual rentals multiplied by 8........................................................................................................... $
Total Step 1...................................................................................................................................................................................... $
Step 2. Gross receipts from sales made and work or services performed..................................................................................................... $
Step 3. Total wages, salaries, commissions and other compensation of all employees................................................................................ $
B. List city portion of the above 3 steps in spaces below and compute percentage of each appropriate city (B divided by A)
AVERAGE
TAXABLE INCOME
CITY
STEP 1
STEP 2
STEP 3
PERCENTAGE
Adjusted net income from Page
$
$
$
$
%
2, Schedule C, Line 21 of IR-
COLUMBUS
25.
%
%
%
$
$
$
$
%
$
GROVEPORT
%
%
%
$
$
$
$
%
OBETZ
%
%
%
Multiply this figure by the
average percentage for each
$
$
$
City and enter allocable amount
$
%
CANAL WINCHESTER
by City in the space at the right.
%
%
%
$
$
$
$
%
MARBLE CLIFF
%
%
%
Determine average percentage
by dividing total percentages
$
$
by number of percentages
$
$
%
BRICE
used.
%
%
%
$
$
$
$
%
LITHOPOLIS
%
%
%
$
$
$
$
%
HARRISBURG
%
%
%
Balance of adjusted net income............................................................................................................................................................. $
Total adjusted net income...................................................................................................................................................................... $
IR-25 Page 3/Rev. 10/29/04