Schedule Rz Of D-1040(R), D-1040(L) Or D-1040(Nr) - Income Tax - City Of Detroit

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*10612014*
CITY OF DETROIT — INCOME TAX
TAX YEAR
20_______
SCHEDULE RZ OF
D-1040(R), D-1040(L) OR D-1040(NR)
FOR COMPUTATION OF THE RENAISSANCE ZONE DEDUCTION
FOR USE BY A RESIDENT DOMICILED IN A RENAISSANCE ZONE AN INDIVIDUAL WITH INCOME FROM RENTAL REAL ESTATE LOCATED IN A
RENAISSANCE ZONE OR AN INDIVIDUAL PROPRIETORSHIP OR PARTNERSHIP LOCATED AND CONDUCTING BUSINESS IN A RENAISSANCE ZONE
1. Name(s) as shown on D-1040(R), D-1040(L) or D-1040(NR)
2.
Social Security Number
/
/
DISQUALIFICA TION SECTION
AN INDIVIDUAL IS NOT QUALIFIED TO CLAIM THE RENAISSANCE ZONE DEDUCTION IF ANY OF THE FOLLOWING TAXES ARE DELINQUENT:
Detroit Income Tax
Personal Property Tax
Commercial Facilities Tax (CFT)
Detroit Utility Users Tax
Michigan Income Tax
Michigan Single Business Tax
Enterprise Zone Tax
Technology Park Development Tax
General Property Tax
Individual Facilities Tax (IFT)
Neighborhood Enterprise Zone Tax
Commercial Forest Tax
RESIDENT DOMICILED IN A RENAISSANCE ZONE
COMPLETE THIS SECTION IF YOU ARE OR WERE A RESIDENT OF DETROIT DOMICILED IN A RENAISSANCE ZONE
A 183-DAY RESIDENCE REQUIREMENT MUST BE COMPLETED BEFORE QUALIFYING TO CLAIM THE RENAISSANCE ZONE DEDUCTION
3. Address of domicile in Renaissance Zone:
4. Date domicile established at this residence:
/
/
If domicile is continuous for 183 days, taxpayer is qualified on this date.
5. Dates of domicile this year:
Starting Date:
/
/
Ending Date:
/
/
Total Number of Days:
_______DAYS
6. Percentage of year as a qualified resident of a Renaissance Zone (Line 5 divided by 365)
6.
%
7. Gross income from Line 3 of D-1040(R) or D-1040(L)
7.
00
8. Capital Gains (not ordinary income) included in amount reported on D-1040(R) or D-1040(L)
8.
00
9. Lottery winnings included in income reported on D-1040(R) or D-1040(L)
9.
00
10. Total deductions related to income included in Line 7 above D-1040(R) or D-1040(L)
10.
00
11. Base income for Renaissance Zone deduction (Line 7 less Line 8, Line 9 and Line 10)
11.
00
12. Total qualified ordinary income (Line 11 multiplied by Line 6)
12.
00
13. Portion of gains from sale or exchange of property occurring after qualification date
13.
00
14. Lottery winnings from an instate lottery game or an on-line game won after becoming a qualified taxpayer
14.
00
15. Renaissance Zone deduction allowed (Add Line 12, Line 13 and Line 14). Enter here and on D-1040(R) or D-1040(L), Line 8
15.
00
OTHER INDIVIDUALS WITH INCOME FROM RENTAL REAL ESTATE, BUSINESS, PROFESSION
OR P ARTNERSHIP LOCATED AND DOING BUSINESS IN A RENAISSANCE ZONE
COMPLETE THIS SECTION IF YOU ARE A RESIDENT OR NONRESIDENT INDIVIDUAL WITH INCOME FROM RENTAL
REAL EST A TE, A BUSINESS, A PROFESSION OR A PARTNERSHIP LOCATED AND DOING BUSINESS IN A RENAISSANCE ZONE
16. Business Name (D.B.A.) and address of each location in a Renaissance Zone
RESIDENT
NONRESIDENT
COLUMN
COLUMN
17. Business income reported on D-1040(R), D-1040(L) or D-1040(NR)
17.
00
00
18. Net operating loss deduction claimed on D-1040(R), D-1040(L) or D-1040(NR)
18.
00
00
19. Retirement plan deduction claimed on D-1040(R), D-1040(L) or D-1040(NR) related to income on Line 17
19.
00
00
20. Base for Renaissance Zone Deduction (Line 17 less Line 18 and Line 19)
20.
00
00
21. Renaissance Zone Apportionment Percentage
IN DETROIT
IN REN ZONE
PERCENT AGE
(COLUMN 1)
(COLUMN 2)
(COLUMN 2
DIVIDED BY
COLUMN 1)
21a. Average net book value of real and personal property
.00
.00
(COLUMN 3)
21b. Gross rents paid on real property multiplied by 8
.00
.00
21c. Total property (Add Line 21a and 21b)
%
.00
.00
21d. Total wages, salaries and other compensation
%
.00
.00
21e. Total percentages (Add Column 3, Line 21c and 21d)
%
.00
.00
21f. Renaissance zone deduction percentage (Line 21e divided by 2)
21f.
%
%
22. Renaissance Zone deduction for business (Line 20 multiplied by Line 21f)
22.
00
00
23. Renaissance Zone deduction from partnership return:
PARTNERSHIP FEIN
23.
00
00
24. Address of each parcel of rental real estate located within a Renaissance Zone
25. Income from rental real estate located within a Renaissance Zone
25.
00
00
26. Total Renaissance Zone Deduction (Add Line 22, Line 23 and Line 25). Enter here and on D-1040(R),
D-1040(L) or D-1040(NR)
00
00

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