Form Tc-65 Form Tc-65 Tax Return & Instructions Page 16
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27Line 14 – Apportionment Fraction
Line 12 – Total Factors
Enter the sum of the factors from lines 2, 4 and 11.
Enter the sales factor from line 6 of TC-20, Schedule
J, page 1. This is the apportionment fraction for a sales
Line 13 – Elected Apportionment Fraction
factor weighted taxpayer. (Property and payroll factors
Calculate the elected, double-weighted sales factor to
are not used in the calculation of the apportionment
six decimals by dividing line 12 by the number of fac-
fraction for a sales factor weighted taxpayer.)
tors used (typically 4 – property, payroll and two times
Enter the apportionment fraction (decimal) here and
the sales factor).
on Schedule A, line 14.
• If one or more of the factors are not present (i.e.,
there is a zero in the denominator on lines 1f or 3a
Specialized Apportionment
in column B), divide by the number of factors pres-
Laws and Rules
ent (allowing two factors for sales).
• If the numerator is zero, but a denominator is present,
Specialized apportionment procedures apply for:
include that factor in the number of factors present.
• Trucking Companies (R865-6F-19)
Enter the apportionment fraction (decimal) here and
• Railroads (R865-6F-29)
on Schedule A, line 14.
• Publishing Companies (R865-6F-31)
Sales Factor Weighted
• Financial Institutions (R865-6F-32)
Taxpayers Only
• Telecommunications (R865-6F-33)
See instructions on page 12 for the defi nition and
• Registered Securities or Commodities Broker or
qualifi cations of a sales factor weighted taxpayer re-
Dealer (R865-6F-36)
quired to use Part 3.
• Airlines (UC §§59-7-312 through 319)
• Sale of Management, Distribution or Administration
Services to or on Behalf of a Regulated Investment
Company (UC §59-7-319(5))
Schedule K – PartnersÊ Distributive
Share Items Instructions
Line 3 – Other Net Rental Income (Loss)
Attach the Utah TC-65, Schedule K to show the part-
nership’s income, gains, losses, deductions, and Utah
Enter in the fi rst column the federal other net rental
credits that are distributed to the partners.
income (loss) from line 3c of the federal Schedule K.
Enter in the Utah column the total reported on all Utah
Number of Schedules K-1 attached to this return
Schedules K-1.
Enter the number of Utah Schedules K-1 that are
Line 4 – Guaranteed Payments
attached to this return and issued to partners or
members.
Enter in the fi rst column the total federal guaranteed
payments from line 4 of the federal Schedule K. En-
Line 1 – Ordinary Business Income (Loss)
ter in the Utah column the total reported on all Utah
Enter in the fi rst column the federal ordinary business
Schedules K-1.
income (loss) from line 1 of the federal Schedule K.
Line 5a – U.S. Government Interest Income
Enter in the Utah column the total reported on all Utah
Schedules K-1.
Enter in the federal column the total U.S. government
interest income reported on all federal Schedules K-1.
Line 2 – Net Rental Real Estate Income (Loss)
Enter in the Utah column the total Utah portion reported
Enter in the fi rst column the federal net rental real es-
on Utah Schedules K-1.
tate income (loss) from line 2 of the federal Schedule
Line 5b – Municipal Bond Interest Income
K. Enter in the Utah column the total reported on all
Utah Schedules K-1.
Enter in the federal column the total municipal bond
interest income reported on all federal Schedules K-1.
Enter in the Utah column the total Utah taxable portion
reported on Utah Schedules K-1.
Page 14
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