Form Nyc-204 - Unincorporated Business Tax Return - 2007 Page 2
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5Form NYC-204 - 2007
Page 2
Name
EIN
S C H E D U L E B
Computation of Total Income -
IF ALLOCATING BY SEPARATE BOOKS AND RECORDS, ENTER THE ALLOCATED AMOUNTS.
Items of income, gain, loss or deduction
Part 1
Ordinary income (loss) from federal Form 1065, line 22 (see instructions) .....................................
1.
1.
G
Net income (loss) from all rental real estate activity not included in Form 1065, line 22,
2.
but included on federal Schedule K ..................................................................................................
2.
G
All portfolio income such as interest, dividends, royalties, annuity income and gain (loss) on the disposition
3.
of property not included in Form 1065, line 22 but included on federal Sch. K
..
( attach sch. of all portfolio income)
3.
G
Guaranteed payments to partners from federal Schedule K (see instructions) ...............................
4.
4.
G
Payments to current and retired partners included in other deductions from federal Form 1065, line 20 .......
5.
5.
Other income not included in Form 1065, line 22 but included on federal Sch. K ( attach sch. of other income ) ..
G
6.
6.
G
Charitable contributions from federal Schedule K.......................7.
7.
Other deductions included in Form 1065, line 22 but not allowed for UBT
.
(attach sched.) (see inst.)
8.
8.
G
Other income and expenses not included above that are required to be reported separately
9.
to partners (attach schedule) (see instructions) ...............................................................................
9.
G
Total federal income (combine lines 1 through 9, do not include line 7) .............................................10.
10.
Subtract net income or gain (or add net loss) from rental, sale or exchange of real property
11.
situated outside NYC if included in line 10 above (attach schedule)
..........................11.
(see instructions)
Total income before New York City modifications (combine line 10 and line 11) ............................
12.
12.
G
New York City modifications (see instructions for Schedule B, part 2)
Part 2
PARTNER A
PARTNER B
PARTNER C
TOTAL
A D D I T I O N S
EIN OR SSN
All income taxes and Unincorporated Business Taxes ...13.
13.
13.
(a) Sales and use tax credit ...........................................14a.
14a.
14.
(b) Relocation credits ....................................................14b.
14b.
(c) Expenses related to exempt income .......................14c.
14c.
G
.14d.
Depreciation adjustments
14d.
(see instr. and attach Form NYC-399 and/or NYC-399Z)
(d)
(e) Exempt Activities .....................................................14e.
14e.
Other additions (attach schedules)
.....15.
(see instructions )
15.
15.
Total additions (add lines 13 through 15) .......................16.
16.
16.
PARTNER A
PARTNER B
PARTNER C
TOTAL
S U B T R A C T I O N S
All income tax and Unincorporated Business Tax
17.
refunds (included in part 1) .............................................17.
17.
Sales and use tax refunds from vendors or NY State
18.
(included in part 1) ..........................................................18.
18.
Wages and salaries subject to federal jobs credit
19.
(attach federal Form 5884 or 8884) ................................19.
19.
..20.
Depreciation adjustment
20.
20.
(see instr. and attach Form NYC-399 and/or NYC-399Z)
Exempt income (included in part 1, line 10) (see instr.) ...21.
21.
21.
G
50% of dividends
(see instructions) ........................................
22.
22.
22.
Exempt Activities
.....................................................................
23.
23
23.
G
Other subtractions (attach schedule)
...24.
( see instructions )
24.
24.
G
Total subtractions (add lines 17 through 24) ...................25.
25.
25.
Combine lines 16 and 25 (total) .................................................................................................26.
26.
Total income (combine lines 12 and 26) ..............................................................................
27.
27.
G
Less: Charitable contributions (not to exceed line 7, or 5% of line 27, whichever is less).......... 28.
28.
Balance (line 27 less line 28) .....................................................................................................29.
29.
Investment income - (complete lines a through g below) (see instructions)
30.
(a) Dividends from stocks held for investment ...................................................................................
30a.
G
(b) Interest from investment capital (include non-exempt governmental obligations) (itemize on rider) .
30b.
G
(c) Net capital gain (loss) from sales or exchanges of securities held for investment .........
30c.
G
(d) Income from assets included on line 3 of Schedule D....................................................
30d.
G
(e) Add lines 30a through 30d inclusive ...............................................................................
30e.
G
(f) Deductions directly or indirectly attributable to investment capital .................................
30f.
G
(g) Interest on bank accounts included in income reported on line 30d ...
30g.
G
Investment income (line 30e less line 30f) (enter on page 1, Sch. A, line 7a) ....................................31.
31.
Business income (line 29 less line 31) (enter here and transfer this amount to page 1, Sch. A, line 1.).....32.
32.
60420790
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