Form 83-150-04-8-1-000 - Mississippi Nonbusiness Income Schedule

Form 83-150-04-8-1-000 (Rev. 11/04)

Mississippi

Nonbusiness Income Schedule

Name of Entity

Period Ending:

FEIN:

Mu ltistate A llocatio n o f Nonbusiness Income This sched ule is to be comple ted on ly if the corpor atio n h as activities in another state and has income, losses, expenses, or ded uction s which a re to be allo cated

("non business") rather tha n a pportione d. For a d efi niti on of what constitu tes "non business" inco me , losses, expenses, and de duction s and ru les for allocating th ese items, see se ction 27-7 -23 of the code.

On lines a throu gh i, enter any nonbu sine ss income o r lo sses, includ ing gains (losse s) from the disposition of no nbusiness a ssets. Enter any e xpe nses associate d with su ch income (loss) in clu ding indire ct

exp enses (such as in tere st exp ense pro-rated to "nonb usiness" a ssets) . Enter in Co lumn A e ach item o f nonb usiness income or loss allocated to a ny sta te, including Mississippi, and th e related expenses in

Co lumn C. Enter in Column B items a llocate d to Mississippi, a nd the rel ate d e xpe nse s in Column D. Enter the ne t of Colu mns A and C in Column E, an d the ne t of Columns B and D in

Co lumn F.

Directly Allocable Items

Allocable Gross Income or Loss

Related Expense

Net of Related Expense

Description of Pro perty, In clu ding

Column E

Co lumn F

Colu mn A

Co lumn B

Col umn C

Co lumn D

S che dule used fo r Fed. Re porting

E ver ywhere

Mississip pi

Eve rywhe re

Mississi ppi

Everywhere

Mississippi

P urposes

(Col. A le ss Co l. C)

( Col. B less Col. D)

a

b

c

d

e

f

g

h

i

Total

The total of Column E should equal the amount reported on line 7 of Form 83-122(C Corp), line 10 of Form 85-122 (S Corp), or line 10 of Form

86-122(Partnership). The total of Column F should equal the amount reported on line 11 of Form 83-122, line 14 of Form 85-122, or line 14 of

Form 86-122.