Net Profit License Fee Return - City Of Mayfield - 2015

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TAX YEAR
CITY OF MAYFIELD KENTUCKY - NET PROFIT LICENSE FEE RETURNED
END 2015
211 E BROADWAY MAYFIELD KY 42066 (270)-247-1981 FAX (270)-247-7151
Have you enclosed the following documentation?
Name ____________________________________________
Federal Tax Form 1040 Schedule(s) C, E, F
Federal Tax Form 1065
D/B/A ____________________________________________
Federal Tax Form 1120/1120 S Form 8825 (if applicable)
All form 1099 For Services Performed in Previous Taxyear
Business Address __________________________________
Check Payable to "City of Mayfield"
City, State and Zip __________________________________
Section A
1. Circle Appropriate: Corporation, Partnership, Individual Owner
2. Social Security and /or Federal ID Number(s) _________________________________
3. Nature of Business __________________________________________________________
4. Do you have employees working in the City limits this year? Yes No
5. Have Federal Authorities changed the net income as originally reported for any prior years? Yes No
Year ________
6. Business phone: ______________________ Home Phone:_______________________
7. Do you operate additional businesses? Yes No
Fiscal year ending date __________________
Section B
ENCLOSE ONE COPY OF FEDERAL RETURN & APPLICABLE SCHEDULES
8. Total Gross income per attached Return
_______________.__ 8
9. Total Deductions per attached Return
_______________.__ 9
10. Net Income per attached Return
_______________.__ 10
11. Add items not deductible (Line H Section C)
_______________.__ 11
12. Total (Line 10 plus Line 11)
_______________.__ 12
13. Deduct Items Not Subject (Line N, Section C)
_______________.__ 13
14. Adjusted Net Income (Line 12 less Line 13)
_______________.__ 14
15. If Section D is used enter Average Percentage (Line R)
________________%
16. Net Profit subject to License Fee (Line 14 x Line 15)
_______________.__ 16
17. Mayfield License Fee (Line 16 x Proper Percentage Rate)
$100.00 MINIMUM
_______________.__ 17
18. Credits - Minimum License Fee and/or Estimated Payment
previously submitted
_______________.__ 18
19. Balance (Line 17 less Line 18)
_______________.__ 19
20. Interest 1% per month or portion of month
_______________.__ 20
21. Penalty 5% per month of unpaid balance or $25.00 which ever is greater
_______________.__ 21
22. Total amount due (Line 19 plus Line 20 plus Line 21)
_______________.__ 22
Section C
Items Not Deductible - ADD
Items not Subject - DEDUCT
A. State or Local Taxes
________________.__
l. Interest Income
________________.__
B. License Fee under this Ordinance
________________.__
J. Dividends
________________.__
C. Net loss from Capital Assets
________________.__
K. Net Gain from Capital Assets
________________.__
D. Ordinary Losses (Form 4797)
________________.__
L. Ordinary Gains (Form 4797)
________________.__
E. Net Operating Loss Deduction
________________.__
M. Other Items (Attach Schedule)
________________.__
F.
________________.__
________________.__
N. Total Deductions (Enter on Line 13)
Partners Guaranted Payments (Attach Schedule)
G. Other Items (Attach Schedule)
________________.__
H. Total Additions (Enter on Line 11)
________________.__
Section D
Allocation Factors
Col A Mayfield
Column B Total
Column C Pct
O. Gross Income (If not applicable write N/A in Col C)
P. Total Wages & Salaries (
)
If not applicable write N/A in C
Q. Total Percents (Line O plus Line P)
R. Average Percentage (Line Q divided by number of applicable percents)
Enter on Line 15
I hereby certify that the statements made herein and in any supporting schedules are True, Correct and Complete to the best of my knowledge.
RETURN MUST BE SIGNED
______________________________________________
__________________________________________________
Signature of Individual Preparing Return
Date
Signature of Taxpayer
Date
This return must be filed and paid in full within 105 days after close of fiscal/tax year and returned
with ALL supporting documentation.

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