Form Bc-1065 - Battle Creek Income Tax Partnership Return - 2004 Page 4
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4REALTY PARTNERSHIP
If the principal business activity of this partnership is rental property, indicate below the complete street
address of each property and the gain or loss for each property. (ATTACH FEDERAL FORM 8825)
STREET ADDRESS
GAIN (OR LOSS)
Property A
.................................................................................................................................... $ ___________________
Property B
....................................................................................................................................
___________________
Property C
....................................................................................................................................
___________________
Property D
....................................................................................................................................
___________________
TOTAL
.................................................................................................................................... $ ___________________
SCHEDULE D - BUSINESS ALLOCATION FORMULA
Located
Located in
Everywhere
Battle Creek
Percentage
. .
I
I
II
I
_
1.
Average net book value of real and tangible personal property ......................................................... $ ................................ $ ............................
a. Gross annual rent paid for real property only, multiplied by 8 .........................................................
b.
TOTAL (add lines 1 and 1a) .......................................................................................................
................................. %
2.
Total wages, salaries, commissions and other compensation of all employees (exclude partners) ...................................
...............................
................................. %
3.
Gross receipts from sales made or services rendered ........................................................................
...................................
...............................
................................. %
4.
Total percentages - add the three percentages computed for lines 1b, 2 and 3 which you entered in the last column (you must compute a
percentage for each of lines 1b, 2 and 3) ........................................................................................................................................................................
%
5.
Average percentage (one-third of line 4) - enter here and on p. 3, Sch. E, col. 4 (see note below) .........................................................................
%
NOTE: In determining the average percentage (line 5), a factor shall be excluded from the computation only when such factor does not exist
anywhere insofar as the taxpayer's business operation is concerned and, such cases, the sum of the percentages on line 4 shall be divided
by the number of factors actually used.
In the case of a taxpayer authorized by the Income Tax Administrator to use one of the special formulae, use the lines provided below.
. .
a.
Numerator .....................................
c. Percentage (a
_
b) enter here ................................ and on p. 3, Sch. E, col. 4
b.
Denominator .................................
d. Date of Administrator's approval letter .........................................................
SCHEDULE D - INSTRUCTIONS FOR BUSINESS ALLOCATION FORMULA
Line 1a. Enter in column I the gross annual rent multiplied by 8
The business allocation percentage is to be applied by NON-
for all rented real property regardless of location. In column II show
RESIDENT partners to their distributive share of business income if
the gross annual rent multiplied by 8 for rented real property lo-
business activity of the partnership is conducted both within and
cated in the City of Battle Creek. Gross annual rent refers to real
without the City of Battle Creek.
property only, rented or leased, and should include the actual sums
of money or other consideration payable, directly or indirectly, by
Line 1. Enter in column I the average net book value of all real
the taxpayer for the use or possession of such real property.
and tangible personal property owned by the business, regardless
of location: and in column II show the average net book value of
Line 2. Enter in column I the total compensation paid to all
the real and tangible personal property owned and located or used
employees during the year and in column II show the amount of
in the City of Battle Creek. The average net book value of real and
compensation paid to employees for work done or for services
tangible personal property may be determined by adding the net
performed within the City of Battle Creek during the year.
book values at the beginning of the year and the net book values at
the end of the year and dividing the sum thus obtained by two. Any
Line 3. Enter in column I the total gross receipts from all sales
other method which will accurately reflect the average net book
made or services rendered during the year and in column II show
value for the year will also be permitted.
the amount of gross receipts from sales made or services rendered
in the City of Battle Creek during the year.
Page 4
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