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

Form Pit-B - New Mexico Allocation And Apportionment Of Income Schedule - 2000 Page 2

2000 PIT-B (page 2)

YOUR SOCIAL SECURITY NUMBER

0 0 1 0 0 7 0 2

WORKSHEET FOR APPORTIONMENT OF BUSINESS AND FARM INCOME

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

Column 2

PROPERTY FACTOR

Total Everywhere

New Mexico

Average value of real and tangible

personal property owned or rented by

0 0

the taxpayer and used during tax period .. 1a

Column 3

Factor

DIVIDE column 2 by column 1.

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

PAYROLL FACTOR

0 0

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

DIVIDE column 2 by column 1.

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

SALES FACTOR

Total sales other than items constituting

0 0

nonbusiness income .................................. 3a

DIVIDE column 2 by column 1.

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

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

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.