Form Fid-1 - New Mexico Fiduciary Income Tax Return

*158190200*

2015 FID-B Schedule 2

BUSINESS INCOME APPORTIONMENT FORMULA

Name of estate or trust as shown on Form FID-1, page 1

FEIN of estate or trust

ESTATES OR TRUSTS WITH INCOME FROM BOTH INSIDE AND OUTSIDE NEW MEXICO MUST COMPLETE THIS SCHEDULE.

SEE INSTRUCTIONS BEFORE COMPLETING THIS SCHEDULE.

Calculate each percentage below to

two decimal places; for example, 22.46%.

Column 1

Column 2

Percent

PROPERTY FACTOR

Everywhere

Inside New Mexico

Average annual value of inventory .....................................................

Average annual value of real property ...............................................

Average annual valule of personal property .......................................

Rented property. Multiply annual rental value by 8............................

Total property ......................................................................................

_ _ _ . _ _

1. Property factor. Divide Total property, Column 2 by Column 1 ...........................................................................................

PAYROLL FACTOR

Wages, salaries, commissions, and other compensation

of employees related to apportionable income .....................................

_ _ _ . _ _

2. Payroll factor. Divide Column 2 by Column 1 .....................................................................................................................

SALES FACTOR

Gross receipts......................................................................................

3. Sales factor. Divide Column 2 by Column 1 ................................................................................................................... ....

_ _ _ . _ _

TOTAL FACTORS

. Add lines 1, 2, and 3 .....................................................................................................................

_ _ _ . _ _

Average New Mexico Percentage

. Divide line 4 by 3. If one or more of the factors is excluded,

divide by the number of factors used to calculate line 4. .....................................................................................................

_ _ _ . _ _

This entity submitted written notification of its election to use the special method of apportionment of business income for manufacturers

for tax year ending __________________. The effective date of election is __________________. Electing manufacturers follow

Month/Day/Year

special instrutions for completing this form. See the instructions .