Form Co-419 Draft - Summary Of Combined Net Income

Form Co-419 Draft - Summary Of Combined Net Income - 2006

*064191100*

VERMONT DEPARTMENT OF TAXES, Montpelier, Vermont 05609-1401 / (802) 828-5723

Summary of Combined Net Income

2006

(FOR UNITARY - COMBINED ONLY)

VERMONT

* 0 6 4 1 9 1 1 0 0 *

PRINT in BLUE or BLACK INK

For the CALENDAR year 2006 or other taxable period beginning ________, 2006 and ending ________, 20____

Month

Name of Principal Vermont Corporation

Vermont Business

Account Number

Enter all amounts in whole dollars.

Place an ìXî in the box to indicate a loss amount.

US Consolidated (Federal Form 1120, Line 28 as filed with the IRS) . . . . . .

LESS Overseas Business Organizations included in Line 1 above . . . . . . . . . . . . . 2.

LESS Non-Unitary Entities included in Line 1 above . . . . . . . . . . . . . . . . . . . . . . . . 3.

ADD Consolidating Eliminations attributed to entities included in

Line 2 or Line 3 above. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

ADD Unitary Entities not included in Line 1 above . . . . . . . . . . . . . . . . . . . .

ELIMINATE Inter-Company Income (Expense) . . . . . . . . . . . . . . . . . . . . . .

SUBTOTAL (Sum of Lines 1 through 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

VT Combined Net Operating Loss (VT Form CO-422, Line 13) . . . . . . . . . . . . . . . . 8.

LESS Special Deductions of the group (VT Form CO-422, Line 10) . . . . . . . . . . . . 9.

10. COMBINED NET INCOME (Enter on VT Form CO-411, Line 1) . . . . . . . . .

10.

VT Form CO-419 is used for combined filing. Provide a spreadsheet detailing separate entity calculations. Consolidated returns are not permitted. The

purpose of this summary is to reconcile the federally reported net income to the VT combined net income of the water’s edge group.

Supporting schedules in column form must be submitted for amounts in Lines 2 through 7 which represent more than one entity (e.g. the US consoli-

dating schedule prepared for federal purposes and provided to support Line 1.)

Form CO-419

Form Co-419 Draft - Summary Of Combined Net Income - 2006