Schedule I (Summary Of Schedules A, B, E, F, And G) For Form J-1065 (Page 3 of 4) in pdf

COL.

COL. 3

COL.

I-ToRodd8ob

“r0mP.2;~~“.

Solorin And Interest

Allocated tocow

Dlvida&Mhtouat

APPLY Onlr To

(Cal. 3 I% In Cal. 4)

‘FT2?? ‘ Of

(Enter 100% For Residents)

$ ..................................

$ .......................

~..........

$ ..................................

$ .............. .._ .... ._- ...... -._. ....

(4 ....................................

Cd) .....................................................................

(e) .....................................................................

COL.

(0)

(b)

Taxable To Rcsi-

Toxoblc To Non-

Cal. 2 of Sch. E)

COL.

(Fmm Sch. F, Col. 31

(0)

(b)

(From Line 1

Nanresi+nts

( ‘,;,“.I ; 2

COL. 9

(From Sch. G, Cal. 3J

(a)

fb)

‘g$l’,F

( ;fomL&,

Nonresi+nk

( pl.“d; 2

(a) t .........................

- ..... -

$ .............................

t.. ......... . ..................

(cl ..........................

..-....-- ..

(e) ........................................................

gross annual

Grors

mnud

............................

SCHEDULE I (SUMMARY OF SCHEDULES A, B, E, F, AND G)

COL. 1

c o t . . 6

Income

From

Allocation % From

Payment To Portncrs-

Income Subjct

Business Operations

P. 3, Sch. D, Lim S-

To Allocation

(From Fedoral

Form 10651

(Add Cd. 1 and 2)

Nonresidents

(a) $ ..................................

.............................

(b) ...................................

....................................................................

............................................................................................................

..................................

..............................................................................................................................................

Totals

Income From Sale Of Property

Income From Rents And Royaltks

Income From Otbs Partrunlipr,

Etc.

(From Sch. E)

Taxable To

Toxobk To

Residents

dents (From Line

(From

Line 2. Cal. 2 of

Sch. E)

of Sch. F)

. .

.................

.............................

(b) ...........................................................

.............................

....................................................................................................

............................

.............................

..............................

....................................................................................................

(d) ..........................................................

............................

.......................................... .._ ........................................................................

.............................

..............................

.....................................................................

INSTRUCTIONS FOR BUSINESS ALLOCATION FORMULA - SCHEDULE D

The business allocation percentage formula is to be used by

Line la. Enter in Column 1 the gross annual rentrlr multi-

NONRESIDENT

owners of businesses with business activity

plied by 8 for all rented real property used by the busineu

both within and without the City of Jackson who, because they

regardless of location. In column 2 show the

do not maintain sufficient records to accurately reflect the net

rentals multiplied by 8 for all rented real property used by the

Jackson.

profits from operations conducted within the City of Jackson,

business and located in the City of

rentals refer to real property, rented or leased and should in-

or for other reasons, are not using the separate accounting

method.

clude the actual sums of money or other consideration

payable,

directly, or indirectly, by the taxpayer for the use or pwrea-

Line 1. Enter in Column 1

average net book value of

the

sion of such real property.

all real and tangible personal property owned by the business,

regardless

location; and in Column 2 show the net book

Line 2. Enter in Column 1 the total compensation

paid to

value of the real and tangible personal property located in the

all employees during the year and in Column 2 rhow the amount

City of J;lc,kson. The average net book value of real and tan-

of compensation paid to employeea for work done or for ser-

gible personal property may be determined by adding the net

vices performed within the City of Jackson during the year.

book values at the beginning of the year and the net book values

Line 3. Enter in Column 1 the total grora

revenue from

all sales or services rendered during the year and in Column 2

at the end of the year and dividing the sum thus obtained by

two. Any other method which will accurately reflect the aver-

show the amount of revenue derived from saler made or aervicea

rendered in the City of Jackson during the year.

age net book value for the year will also be permitted.

Located

Everywhere

BUSINESS ALLOCATION FORMULA-SCHEDULE D

1. Average net book value of real and tangible personal property.......................

a. Gross annual rentals multiplied by 8 ...................................................................

TOTAL (Add lines 1 and la) ...........................................................................

b .

2. Total wages, salaries, commissions and other compensations of all em-

ployees (exclude partners). ............................................................................................

3 . Gross revenue from sales made or services rendered.. .........................................

4. Total Percentages--add the three percentages computed for lines lb, 2 and 3 which you have entered in the

last column (you must compute a percentage for each of lines lb, 2 and 3)

5. Average percentage (One-third of line 4) - enter here and on Sch. I, Col. 4 above (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,

in 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 administrator of the income tax division to use one of the special

formulae, use the lines provided below.

a. Numerator ____..._________....... . . _ . _ . _ _

c. Percentage

(a + b) . . . . . . .._..... enter here and on Schedule, I, Cal; 4 above.

b. Denominator ____._...__._._.___.............

d . Date of Administrator of the income tax division approval letter ___.._...._. _ __._.._........

Schedule I (Summary Of Schedules A, B, E, F, And G) For Form J-1065 Page 3

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