Schedule Abi - Exceptions To The Add Back Of Interest Expenses - 2011 Page 2
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1
2
3Exception 2.
Partial exception for interest paid, accrued, or incurred to a related member.
Do not complete this section if you have claimed Exception 1 as to the same interest expense or cost add back. Complete
this section only if the interest expense or cost was reported as income by the related member and, if applicable, the tax
reported by the related member on that return exceeded the minimum tax.
01 Amount of deductible interest expense or cost claimed by taxpayer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
02 Taxpayer’s apportionment percentage from the apportionment schedule, line 5. Enter “1” if an apportionment schedule
was not filed. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
03 Multiply line 1 by line 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
04 Tax rate applied to taxpayer (from Forms 355, 355U, 355S, 63FI, or P.S.1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
05 Multiply line 3 by line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
06 Total interest expense or cost incurred to related member by all other related members including the taxpayer. . . . . . . . . . . . . 6
07 Divide line 1 by line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
08 For each of the jurisdictions where the related member is taxed, enter the related member’s net income. Do not enter any amount for a jurisdiction in
which the related entity is filing with the taxpayer on a combined or unitary basis:
a
b
c
d
e
09 Multiply line 8 by line 7. Where the related member is taxed in more than one jurisdiction, multiply line 7 by the response for each jurisdiction in line 8
and place the response in the box that corresponds to the response in line 8:
a
b
c
d
e
10 For each of the jurisdictions referenced in line 8, enter either the amount from line 1 or the amount from line 9, whichever amount is lower:
a
b
c
d
e
11 Provide related member apportionment percentages for the jurisdiction(s) referenced in line 8. Enter “1” if the related member is taxable in only one
jurisdiction and therefore not subject to apportionment:
a
b
c
d
e
12 Multiply line 10 by line 11. Where the related member is taxed in more than one jurisdiction, multiply the response for each jurisdiction in line 10 by the
response that corresponds to the response for that jurisdiction in line 11:
a
b
c
d
e
13 For each of the jurisdictions referenced in line 8, enter the tax rate(s) applied to the related entity:
a
b
c
d
e
14 Divide each of the rates entered in line 13 by the rate entered in line 4 Enter no more than “1”:
a
b
c
d
e
15 Exception amount claimed. Multiply line 12 by line 14. Where the related member is taxed in more than one jurisdiction, multiply the response for each
jurisdiction in line 12 by the response that corresponds to the response for that jurisdiction in line 14, and total. Enter the result here and in Total Excep-
tions Claimed, line 2:
a
b
c
d
e
Add lines 15a through 15e . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15f
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