Form 5458 - City Of Detroit Income Tax Partnership Return - 2016 Page 5

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5458, Page 5

Partnership feIN

In the case of a taxpayer authorized by the finance Director to use one of the special formula, attach complete computations and furnish the following:

a. Copy of approval letter

b. Percentage used. enter here and on Schedule D, line 3e

SChEDulE D — INCOME APPORTIONMENT

for locations in city

a. Average net book value of real and tangible personal property located in city ......................................... 1a.

b. Gross annual rent paid for real property located in city multiplied by 8 ..................................................... 1b.

c. Add line 1a and line 1b ..............................................................................................................................

1c.

d. Total wages, salaries, commissions and other compensation of all employees located in city ................. 1d.

e. Gross receipts from sales made or services rendered in city .................................................................... 1e.

For locations everywhere

a. Average net book value of real and tangible personal property located everywhere ................................ 2a.

b. Gross annual rent paid for real property located everywhere multiplied by 8............................................ 2b.

Add line 2a and line 2b ..............................................................................................................................

2c.

d. Total wages, salaries, commissions and other compensation of all employees located everywhere ....... 2d.

e. Gross receipts from sales made or services rendered everywhere ..........................................................

2e.

Apportionment. If there are no locations outside the city in line 2, see instructions for completing line 3.

a. Real and tangible personal property. Divide line 1c by line 2c .................................................................. 3a.

b. Wages, salaries, commissions and other compensation. Divide line 1d by line 2d ................................... 3b.

c. Gross receipts from sales. Divide line 1e by line 2e ..................................................................................

3c.

d. Add line 3a, line 3b, and line 3c................................................................................................................. 3d.

e. Average apportionment. Divide line 3d by 3. (See instructions) ............................................................. 3e.

INSTRuCTIONS FOR INCOME APPORTIONMENT FORMulA — SChEDulE D

The income apportionment percentage is to be applied by NoNReSIDeNT

line 1b, 2b, 3b: In line 1b, enter the gross annual rent multiplied by 8

partners to their distributive share of business income if business activity

for rented real property located in the City of Detroit. In line 2b, enter the

of the partnership is conducted both within and without the City of Detroit.

gross annual rent multiplied by 8 for all rented real property regardless of

In order to use the separate accounting method, permission must be

location.

requested in writing from the administrator not more than 90 days after

Gross annual rent should include money and other consideration given for

the beginning of the taxpayer’s year.

the use or possession of real property rented or leased, including public

line 1a, 2a, 3a: In line 1a, enter the average net book value of the real

warehouse storage charges.

and tangible personal property owned and located in the City of Detroit. In

line 1d, 2d, 3d: In line 1d, enter the amount of compensation paid to

line 2a, enter the average net book value of all real and tangible personal

employees for work done or for services performed within the City of

property owned by the business, regardless of location.

Detroit during the year. In line 2d, enter the total compensation paid to all

The average net book value of real and tangible personal property may

employees during the year.

be determined by adding the net book values at the beginning of the year

line 1e, 2e, 3e: In line 1e, enter the amount of gross receipts from sales

and the net book values at the end of the year and dividing the sum by

made or services rendered in the City of Detroit during the year. In line

two. If this method will not properly reflect the average net book value

2e, enter the total gross receipts from all sales made or services rendered

of tangible property owned during the year, any other method that will

during the year. Rental income is considered services rendered and is

accurately reflects it will be permitted.

included in gross receipts.

Instructions for the computation of salaries, interest or guaranteed payments to be included in Schedule E, Column 5.

This schedule is to be filled in by nonresident partners who performed part of their services in Detroit.

uSE A SEPARATE SChEDulE FOR EACh PARTNER

1. Actual number of days worked on job — everywhere .....................................................................................

2. Actual number of days worked on job in Detroit ..............................................................................................

3. Percentage of days worked in Detroit. Divide line 2 by line 1..........................................................................

4. Total salaries, interest and guaranteed payments ...........................................................................................

5. Salaries and interest earned in Detroit. Multiply line 4 by percentage on line 3. Carry to Schedule e,

column 5. .........................................................................................................................................................