Form Pte-B - Allocated Nonbusiness Income Taxable To Owners - 2004
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1
22004 PTE-B
*45380100*
Allocated Nonbusiness Income Taxable to Owners
Federal Employer Identification Number (FEIN)
C
1
C
2
OLUMN
OLUMN
T
I
N
M
I
OTAL
NCOME
EW
EXICO
NCOME
E
VERYWHERE
1
1.
Net nonbusiness dividends ...................................................................................................
2
2.
Net nonbusiness interest ......................................................................................................
3
3.
Net nonbusiness rents (loss) ................................................................................................
4
4.
Net nonbusiness royalties .....................................................................................................
5
5.
Net nonbusiness profit sale of assets (loss) .........................................................................
6
6.
Net nonbusiness partnership income (loss) ..........................................................................
7
7.
Other net nonbusiness income (loss) ...................................................................................
8
8.
Total allocated income (Add lines 1 through 7; enter on PTE-1, line7) ..............................
9
9.
Total New Mexico allocated income (Add lines 1 through 7; enter on PTE-1, line 11) ......
2004 PTE-C
Allocated and Apportioned Income Taxed to S Corporations
Lines 1 through 5 must be completed only by S corporations that have federal taxable income.
C
1
C
2
OLUMN
OLUMN
T
I
N
M
I
OTAL
NCOME
EW
EXICO
NCOME
E
.
.
1.
Capital Gains
VERYWHERE
1A. Net capital gains (From Schedule D, of Federal Form 1120S)
1A
See Instructions for allocation rules. .............................................................................
1B. Percentage of New Mexico capital gains
(Line 1A, column 2 divided by line 1A, column 1) ..................................... ________%
If column 2 equals or exceeds column 1, enter 100%
.
.
1C. $25,000 Exclusion: Enter $25,000 in column 1
1C
.
.
Multiply $25,000 by line 1B. Enter the result in column 2 .............................................
1D
1D. SUBTRACT line 1C from line 1A. ................................................................................
.
.
2.
Passive Income
2
Excess net passive income (From line 10 of worksheet in instructions for 1120S). .......
.
.
3
.
.
3.
Net recognized built-in gain (From Schedule D, Federal Form 1120S) ..............................
4
4.
Total (Add lines 1D, 2 and 3) ..............................................................................................
.
5.
New Mexico percentage (Divide line 4, column 2 by line 4, column 1 and multiply by 100).
5
___ ___ ___
___ ___ ___ ___ %
Enter on line 3 of the PTE ................................................................................
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Parent category: Financial