Form Sc 1120u - Public Utility Tax Return Page 4
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9SC1120U
Page 4
SCHEDULES F, G, AND H ARE TO BE COMPLETED BY MULTI-STATE ORGANIZATIONS
RESERVED
SCHEDULE E
INCOME SUBJECT TO DIRECT ALLOCATION
SCHEDULE F
Net Amounts
Net Amounts
Less:
Gross
Allocated Direct.to
Allocated
Amounts
Related Expenses
Directly to SC
SC and Other States
1
2
4
3
1. Interest not connected with business
2. Dividends received
3. Rents
4. Gains/losses on real property
5. Gains/losses on intangible pers. prop.
6. Investment income directly allocated
7. TOTAL INCOME DIRECTLY ALLOCATED
8. INCOME DIRECTLY ALLOCATED TO SC
SCHEDULE G
COMPUTATION OF TAXABLE INCOME OF MULTI-STATE CORPORATIONS
1. Total net income as reconciled. Enter amount from line 3, Page 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1.
2.
2. Less: Income subject to direct allocation to SC and other states from Schedule F, line 7 . . . . . . . . . . . . . . .
3. Total net income subject to apportionment (line 1 less line 2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
3.
4. Multiply amount on line 3 by appropriate ratio from Schedule H-1, H-2, or H-3 and enter result here . . . . . .
4.
5.
5. Add: Income subject to direct allocation to SC from Schedule F, line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6.
6. Total SC Net Income (sum of lines 4 and 5 above) also enter on line 4, Page 1 . . . . . . . . . . . . . . . . . . . . . .
SCHEDULE H-1
COMPUTATION OF SALES RATIO
Amount
Ratio
1. Total Sales Within South Carolina (see instructions)
2. Total Sales Everywhere (see instructions)
%
3. Sales Ratio (line 1 ÷ line 2)
Note: If there are no sales anywhere:
Enter 100% on Line 3, if South Carolina is the principal place of business OR
Enter 0% on Line 3, if principal place of business is outside South Carolina.
SCHEDULE H-2
COMPUTATION OF GROSS RECEIPTS RATIO
Amount
3. Ratio
1. South Carolina Gross Receipts
<
>
2. Amounts Allocated to South Carolina on Schedule F
3. South Carolina Adjusted Gross Receipts (line 1 – line 2)
4. Total Gross Receipts
<
>
5.
Total Amounts Allocated on Schedule F
6.
Total Adjusted Gross Receipts (line 4 – line 5)
7.
Gross Receipts Ratio (line 3 ÷ line 6)
%
SCHEDULE H-3
COMPUTATION OF RATIO FOR SECTION 12-6-2310 COMPANIES
Amount
Ratio
1. Total Within South Carolina (see instructions)
2. Total Everywhere
%
3. Taxable Ratio (line 1 ÷ line 2)
30974026
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