Form Pit-B - New Mexico Allocation And Apportionment Of Income Schedule - 1999 Page 2

1999 PIT- B (page 2)

YOUR SOCIAL SECURITY NUMBER

-

-

9 9 1 0 0 7 0 2

WORKSHEET FOR APPORTIONMENT OF BUSINESS AND FARM INCOME

See worksheet instructions for definitions relating to the apportionment factors below.

If you have elected to use the Section 7-4-10.A method of apportionment,

enter the taxable year end for which the election was first effective

month

year

Column 1

1 .

PROPERTY FACTOR

Column 2

Total Everywhere

New Mexico

a .

Average value of real and tangible

,

,

,

,

.

personal property owned or rented by

.

0 0

0 0

the taxpayer and used during tax period..1a

Column 3

Factor

.

b .

DIVIDE column 2 by column 1.

(Compute to 3 decimal places.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b

2 .

PAYROLL FACTOR

,

,

,

,

.

.

0 0

0 0

a .

Compensation paid by taxpayer................2a

b .

DIVIDE column 2 by column 1.

.

(Compute to 3 decimal places.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b

3 .

SALES FACTOR

a .

Total sales other than items constituting

,

,

.

,

,

.

0 0

0 0

n o n b u s i n e s s i n c o m e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 a

b .

DIVIDE column 2 by column 1.

.

(Compute to 3 decimal places.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b

.

4 .

Total of lines 1b, 2b and 3b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

5 .

DIVIDE line 4 by the number of factors used and enter here.

.

(Compute to 3 decimal places.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5

MULTIPLY the amount on line 9, column 1 on page 1 of this schedule by the decimal amount on line 5 of this worksheet and

enter the result on line 9, column 2.

NOTE: See instructions for adjustments to lines 3b and 5 if you are a qualified

manufacturer who has elected to use the Section 7-4-10.A method of apportionment.