Instructions For Form Tc-20s - Utah S Corporation Tax Return - 2012 Page 15
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28NAICS Code for Taxpayer
• If one or more of the factors are not present (i.e.,
there is a zero in the denominator on lines 1f or 3a
Line 7 – NAICS Code
in column B), divide by the number of factors pres-
ent (allowing two factors for sales).
Enter the six-digit NAICS code for this taxpayer from
your federal return (1120S, box B; 1065, box C; or
• If the numerator is zero, but a denominator is pres-
corresponding line on other federal returns). This is a
ent, include that factor in the number of factors
mandatory fi eld. Your apportionment method may be
present.
determined by your NAICS code. See Sales Factor
Weighted Taxpayers, above.
Enter the apportionment fraction (decimal) here and
on Schedule A, line 11.
Equally-Weighted Three
Sales Factor Weighted
Factor Formula Election
Taxpayers Only
If you are not a sales factor weighted taxpayer and are
not electing the double-weighted sales factor (see lines
See instructions on 11 for the defi nition and quali-
10 through 13 below), complete lines 8 and 9. If you
fi cations of a sales factor weighted taxpayer required
to use Part 3.
are a sales factor weighted taxpayer or are electing the
double-weighted sales factor, leave lines 8 and 9 blank.
Line 14 – Ten Times the Sales Factor
Line 8 – Total Factors
Multiply the sales factor (decimal) from line 6 by 10.
Enter the sum of the factors from lines 2, 4 and 6.
This will result in the sales factor being considered 10
times in the calculation.
Line 9 – Apportionment Fraction
Line 15 – Total Factors
Calculate the apportionment fraction to six decimals by
dividing line 8 by the number of factors used (typically
Enter the sum of the factors from lines 2, 4 and 14.
3 – property, payroll and sales).
Line 16 – Apportionment Fraction
• If one or more of the factors are not present (i.e.,
Calculate the apportionment fraction for a sales factor
there is a zero in the denominator on lines 1f, 3a
weighted taxpayer to six decimals by dividing line 15
or 5h in column B), divide by the number of factors
by the number of factors used (typically 12 – property,
present.
payroll and 10 times the sales factor).
• If the numerator is zero, but a denominator is pres-
• If one or more of the factors are not present (i.e.,
ent, include that factor in the number of factors
there is a zero in the denominator on lines 1f or 3a
present.
in column B), divide by the number of factors pres-
ent (allowing 10 factors for sales).
Enter the apportionment fraction (decimal) here and on
Schedule A, line 11, if not electing the double-weighted
• If the numerator is zero, but a denominator is present,
sales factor below.
include that factor in the number of factors present.
Enter the apportionment fraction (decimal) here and
Double-Weighted Sales
on Schedule A, line 11.
Factor Formula Election
Specialized Apportionment
If you are not a sales factor weighted taxpayer, you may
elect to give double-weight to the sales factor in the
Laws and Rules
apportionment calculation. If you elect this calculation,
Specialized apportionment procedures apply for:
enter an “X” on line 10 and complete lines 11 through 13.
• Trucking Companies (R865-6F-19)
Line 10 – Making the Election
Enter an “X” on line 10 if you elect to double-weight
• Railroads (R865-6F-29)
the sales factor.
• Publishing Companies (R865-6F-31)
Line 11 – Doubled Sales Factor
• Financial Institutions (R865-6F-32)
Multiply the sales factor (decimal) from line 6 by 2. This
• Telecommunications (R865-6F-33)
will result in the sales factor being considered twice in
the calculation.
• Registered Securities or Commodities Broker or
Dealer (R865-6F-36)
Line 12 – Total Factors
• Airlines (UC §§59-7-312 through 319)
Enter the sum of the factors from lines 2, 4 and 11.
• Sale of Management, Distribution or Administration
Line 13 – Elected Apportionment Fraction
Services to or on Behalf of a Regulated Investment
Calculate the elected, double-weighted sales factor to
Company (UC §59-7-319(5))
six decimals by dividing line 12 by the number of fac-
tors used (typically 4 – property, payroll and two times
the sales factor).
Page 13
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