Name (as shown on page 1)
EIN
SCHEDULE A
Apportionment Formula (Multistate Corporations Only)
IMPORTANT: Qualifying air carriers must use Arizona Schedule ACA.
COLUMN A
COLUMN B
COLUMN C
Qualifying
multistate
service
providers
must
include
Arizona
Total Within Arizona
Total Everywhere
Ratio Within Arizona
Schedule MSP. See instructions, pages 5 through 6.
Round to nearest dollar.
Round to nearest dollar.
A ÷ B
A1 Property Factor
Be certain to enter
Value of real and tangible personal property (by averaging the value
amounts in Column C
carried to six decimal
of owned property at the beginning and end of the tax period; rented
places. You must type
property at capitalized value).
the decimal.
a Owned property (at original cost):
Inventories ....................................................................................
Depreciable assets: (do not include construction in progress) ....
Land .............................................................................................
Other assets (describe):
(
) (
)
Less: Nonbusiness property (if included in above totals) ............
Total of section a ..........................................................................
b Rented property (capitalize at 8 times net rental paid) .................
c Total owned and rented property (section a total plus section b) .
×1
OR
×5.0
d Weight AZ property:
(STANDARD uses × 1; ENHANCED uses × 5.0)
e Property factor (for column A, multiply line c by line d;
for column B, enter amount from line c) ......................................
A2 Payroll Factor
a Total wages, salaries, commissions and other compensation
paid to employees (per federal Form 1120 or payroll reports) .....
×1
OR
×5.0
b Weight AZ payroll:
...
(STANDARD uses × 1; ENHANCED uses × 5.0)
c Payroll factor (for column A, multiply line a by line b;
for column B, enter amount from line a) .......................................
A3 Sales Factor
a Sales delivered or shipped to Arizona purchasers .......................
b Sales of services for qualifying multistate service providers
only (include Schedule MSP) ......................................................
c Other gross receipts ....................................................................
d Total sales and other gross receipts .............................................
×2
OR
×90.0
e Weight AZ sales:
......
(STANDARD uses × 2; ENHANCED uses × 90)
f Sales factor (for column A, multiply line d by line e;
for column B, enter the amount from line d) .................................
A4 Total Ratio: Add lines A1e, A2c, and A3f, in column C.....................................................................................................
A5 Average Apportionment Ratio: Divide line A4, column C, by the denominator (STANDARD divides by four (4);
ENHANCED divides by one hundred (100)). Enter the quotient in column C, and on page 1, line 9 ...............................
Schedule of Payments (List payment date and amount.)
SCHEDULE B
00
M M D D Y Y Y Y
B1 Payment with original return ..................................................................................................
B1
00
M M D D Y Y Y Y
B2 Payment after original return filed ..........................................................................................
B2
00
M M D D Y Y Y Y
B3 Payment after original return filed ..........................................................................................
B3
00
B4 Total: Add lines B1, B2 and B3 ..........................................................................................................................................
B4
Explanation of Changes (See instructions, page 7.)
SCHEDULE C
PLEASE BE SURE TO SIGN THE RETURN ON PAGE 3.
ADOR 10341 (15)
Page 2 of 3
AZ Form 120X (2015)