Form 20c - Corporation Income Tax Return - Alabama Department Of Revenue - 2016 Page 3
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41600032C
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ALABAMA 20C – 2016
PAGE
Allocation of Nonbusiness Income, Loss, and Expense – Use only if you checked Filing Status 2, page 1
Schedule C
Alabama. Adjustment(s) must also be made for any proration of expenses under Alabama Income Tax Rule 810-27-1-.01, which states, “Any allowable deduction that is
Identify by account name and amount, all items of nonbusiness income, loss and expense removed from apportionable income and those items which are directly allocable to
applicable to both business and nonbusiness income of the taxpayer shall be prorated to each class of income in determining income subject to tax as provided…” (See
instructions.)
ALLOCABLE GROSS INCOME / LOSS
RELATED EXPENSE
NET OF RELATED EXPENSE
DIRECTLY ALLOCABLE ITEMS OF
NONBUSINESS INCOME OR LOSS
Column A
Column B
Column C
Column D
Column E
Column F
Everywhere
Alabama
Everywhere
Alabama
Everywhere
Alabama
1a
•
b
•
c
•
d
•
e
•
2 NET NONBUSINESS INCOME / LOSS
Column E
Column F
•
Enter Column E total ((income)/loss) on line 5 of page 1. Enter Column F total (income/(loss)) on line 9 of page 1 . . . . . . . . . . . . . .
Apportionment Factor – Use only if Filing Status 2 or Filing Status 5, page 1 with Multi-State Operations –
Schedule D-1
Amounts must be Positive (+) Values
TANGIBLE PROPERTY AT COST FOR
ALABAMA
EVERYWHERE
PRODUCTION OF BUSINESS INCOME
BEGINNING OF YEAR
END OF YEAR
BEGINNING OF YEAR
END OF YEAR
1 Inventories
•
2 Land
•
3 Furniture and fixtures
•
4 Machinery and equipment
•
5 Buildings and leasehold improvements
•
6 IDB/IRB property (at cost)
•
7 Government property (at FMV)
•
8 •
•
9 Less Construction in progress (if included)
•
10 Totals
•
11 Average owned property (BOY + EOY ÷ 2)
•
•
12 Annual rental expense
•
x8 =
x8 =
13
Total average property (add line 11 and line 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . 13a
13b
•
•
14 Alabama property factor — 13a ÷ 13b = line 14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
. . . . . . . . . . . . . . . . . . . . . .
14
•
%
15a
ALABAMA
15b
EVERYWHERE
15c
SALARIES, WAGES, COMMISSIONS AND OTHER COMPENSATION
RELATED TO THE PRODUCTION OF BUSINESS INCOME
15 Alabama payroll factor — 15a ÷ 15b = 15c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
%
SALES
ALABAMA
EVERYWHERE
16 Destination sales (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
17 Origin sales (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
18 Total gross receipts from sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
19 Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
20 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
21 Rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
22 Royalties. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
23 Gross proceeds from capital and ordinary gains . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
24 Other •
(Federal 1120, line •
•
)
25 Alabama sales factor — 25a ÷ 25b = line 25c. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
25a
25b
25c
26 Alabama sales factor (Enter the same factor as on line 25c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
%
26
•
27 Sum of lines 14, 15c, 25c, and 26 ÷ 4 = ALABAMA APPORTIONMENT FACTOR (Enter here and on line 7, page 1). . . . . . . . . . . . . . . . . . 27
%
•
%
Percentage of Sales – Use only if you checked Filing Status 3, page 1 – See instructions
Schedule D-2
DO NOT USE THIS SCHEDULE IF ALABAMA SALES EXCEED $100,000.
ALABAMA
EVERYWHERE
1 Destination Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
2 Origin Sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
3 Total gross receipts from sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
4 Tax due (multiply line 3, Alabama by .0025) (enter here and on page 1, line 15) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
ADOR
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