Form Br - Lordstown Income Tax Return Page 2

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PAGE 2
IN LIEU OF COMPLETING, YOU MAY ATTACH APPROPRIATE FEDERAL SCHEDULE(SI
Profit (or Loss) from Business or Profession
1. TOTAL RECEIPTS, LESS ALLOWANCES, REBATES AND RETURNS
2.
LESS Cost of Labor $ -
Material, supplies & other costs $ -
3.
GROSS PROFIT FROM SALES, ETC. (Line 1 Less Line 2) . .
4.
INTEREST $
OTHER BUSINESS INCOME (Specify) g
5. TOTAL BUSINESS INCOME BEFORE DEDUCTIONS
6. ADVERTISING
AND PROMOTION . .
7. AUTO, TRUCK AND TFAVEL. . . . . .
,8. INT. ON BUSINESS INDEBTEDNESS
9 a . T A X E S B A S E D O N I N C O M E . . . . . .
b: OTHER BUSINESS TAXES.
10. SALARIES AND WAGES
. $
. $
. $
. $
(
,
$
BUSINESS DEDUCTIONS
1 1. DEPRECIATION,
AMORTIZATION
1 2 . R E N T S ( P a i d t o - _ )
$
13. OTHER (List if over 100/o of Line 14) . . . $
14. TOTAL BUSINESS DEDUCTIONS fiotal of Lines 6 to 13). . . . . . $
15. NET PROFTT (OR LOSS) FROM BUSTNESS OR
P R O F E S S T O N
( L | N E s L E S S L | N E 1 4 ) . . . . . . . .
. . . . . . . o
Total from Federal Schedule D. Form 4797
Income from Rents - from Federal Schedule E - Over $250.00 Gross Monthl
N E T I N C O M E S E C T I O N C
Net Income (Or Loss)
All Other Taxable Income
INCOME FROM PARTNERSHIPS, ESTATES & TRUSTS: FEES, TIPS, COMMISSIONS AND MISCELLANEOUS
From Sections A, B, C & D. Enter on Page 1, Line 1 .
SCHEDULE X. RECONCILIATION
WITH FEDERAL INCOME TAX RETURN
ITEMS NOT DEDUCTIBLE
ADD
ITEMS NOT TAXABLE
C a p i t a l L o s s e s ( E x c l u d i n g
O r d i n a r y L o s s e s ) . . . . . . . . . . $
n. Capital Gains (Excluding Ordinary Gains)
Expenses incurred in the production of non-taxable
incom€ (at least 5olo ot Line Z)
Taxes based on income (State) . .
Taxes based on income (City) . . ,
Net operating loss deduction per Federal Return. .
Payments to partners
DEDUCT
d .
L
o .
n .
m
$
$
$
$
$
$
a
$
o . I n t e r e s t l n c o m e . . . ,
p. Dividends
q . O t h e r ( E x p l a i n ) . . . . .
. . $
. . o
. .
D
Contributions
Olher expenses not deductible (Explain)
( E n t e r ' L i n e 2 a O t h e r S i d e )
. .
. . . . . . .
T O T A L
z . E n t e r L i n e 2 b O t h e r S i d e . . . . . . . . . . . T O T A L $
a. LOCATED
EVERYWHERE
B. LOCATED IN
LORDSTOWN
c . P E R C E N T A G E
( b + a )
STEP 1. AVERAGE VALUE OF REAL & TANG. PERSONAL PROPERTY
GROSS ANNUAL RENTALS PAID MULTIPLIED BY 8
TOTAL STEP 1
STEP 2. GROSS RECEIPTS FROM SALES MADE AND/OR WORK
OR SERVICES PERFORMED
STEP 3.
4.
c .
o/o
WAGES. SALARIES AND OTHER COMPENSATION PAID
TOTAL PERCENTAGES
AVERAGE PERCENTAGE (Divide Total Percentages by Number of Percentages Used).
o/o
o/o
o/o
Carry to Line 3b, Page 1
SCHEDULE Z PARTNER,S SHARE OF INcoME
1, NAME AND MUNICIPALITY OR TOWNSHIP OF EA. PARTNER
2. Resident 3.'Dist. Shares of Partners
4. Other
Payments
5. Taxable
Percentage
6. Amount
Taxable
Yes
No
Percent
Amount
$
$
7. TOTAL From Section A and Section D above
100
o/o

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