Form Cit-1 - New Mexico Corporate Income And Franchise Tax Return

*126280200*

2012 CIT-A

NEW MEXICO APPORTIONED INCOME FOR

MULTISTATE CORPORATIONS

(attach to CIT-1)

This schedule must be completed by taxpayers with income from inside and outside New Mexico. We cannot accept

computerized schedules in lieu of completing this form. You must complete Column 1, Total everywhere, and

all other applicable line items for the return to be processed. Round all dollar amounts.

Federal Employer Identification Number (FEIN)

A. Have you changed the reporting of any class or type of allocated or apportioned income from the way it was reported in

a prior taxable year?

Yes

B. For manufacturers electing to apportion income utilizing the four-factor method, enter date election was submitted.

_____________________. (See instructions.)

APPORTIONED BUSINESS INCOME

New Mexico net taxable income (From Line 9, CIT-1, Page 2)..............................................................................

Net allocated income (From Line 8, column 3, CIT-B)............................................................................................

Apportionable income (Subtract line 2 from line 1).................................................................................................

NEW MEXICO APPORTIONED INCOME (Multiply line 3 by line 9 below).

Enter result on line 4, and also on line 3, CIT-C.....................................................................................................

Column 2

Column 1

Total everywhere

Inside New Mexico

PROPERTY FACTOR

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

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

Average annual value of personal property...............................................

Rented property (Annual rental value times 8)..........................................

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

5. Property factor (Divide column 2 by column 1 and multiply by 100)...............................................................................

_ _ _._ _ _ _

PAYROLL FACTOR

Total compensation of employees..............................................................

Payroll factor (Divide column 2 by column 1 and multiply by 100)..................................................................................

_ _ _._ _ _ _

SALES FACTOR

Gross Receipts...........................................................................................

Sales factor (Divide column 2 by column 1 and multiply by 100)....................................................................................

_ _ _._ _ _ _

TOTAL FACTORS (Add lines 5, 6 and 7)........................................................................................................................

_ _ _._ _ _ _

AVERAGE FACTOR (Divide line 8 by the number of factors computed above) ..............................................................

_ _ _._ _ _ _