Form Al-1041 - City Of Albion Fiduciary Income Tax Return - 2006 Page 2
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3AL-1041, page 2
SCHEDULE A - BUSINESS ALLOCATION FORMULA
Column A
Column B
Column C
Located
Located in
Percentage
Everywhere
Albion
B/A
1a.
Average net book value of real and tangible personal property…………...
1a.
1b.
Gross rentals of real property, multiplied by 8……………………………….
1b.
%
1c.
Total (add lines 1a and 1b)…………………………………………………….
1c.
%
2.
Total wages, salaries, and other compensation of all employees…………
2.
%
3.
Gross receipts from sales made or services rendered……………………..
3.
%
4.
Total percentages - add percentages computed in Column C on lines 1c, 2 and 3…………………
………………4.
5.
Average percentage (divide the amount on line 4 by 3). Enter here and on line 10, page 1
Note: In determining the average percentage if a factor does not exist, the sum of
%
the percentages shall be divided by the number of factors used……………………………………...
………………5.
In the case of a taxpayer authorized by the Administrator to use a special formula,
complete lines below:
1.
Numerator
1.
2.
Denominator
2.
%
3.
Percentage. Divide line 1 by line 2, and enter on line 10, page 1
3.
Attach copy of Administrator's approval letter.
EXPLANATION of CHANGES (If you checked the amended box on the front, please complete this section.)
Explain changes to income, deductions and credits. Show computations and attach a copy of the amended U.S. 1041 and all supporting
schedules.
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