Schedule Mo-Ms - Corporation Allocation And Apportionment Of Income Schedule

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Attachment Sequence No. 1120‑01

SCHEDULE

MISSOURI DEPARTMENT OF REVENUE

MO-MS

CORPORATION ALLOCATION AND

APPORTIONMENT OF INCOME SCHEDULE

(REV. 12-2012)

DO NOT COMPLETE THIS SCHEDULE IF ALL INCOME IS FROM MISSOURI SOURCES.

CORPORATION NAME

MO TAX I.D. NUMBER

CHARTER NUMBER

FEDERAL I.D. NUMBER

APPORTIONMENT ELECTION

• Missouri Statutes provide seven methods of determining Missouri taxable income from Missouri sources.

Check only ONE of the seven boxes and enter the method number and the percentage calculated on Form MO‑1120, Line 10.

Method One — MULTISTATE ALLOCATION AND THREE FACTOR APPORTIONMENT — Multistate Tax Compact — Section 32.200, RSMo —

(COMPLETE PART 2)

Method Two — BUSINESS TRANSACTION SINGLE FACTOR APPORTIONMENT — Section 143.451.2(2), RSMo — (COMPLETE PART 1)

Special Methods — Attach Detailed Explanation

Note: Complete the information below and enter the percentage on

Three — Transportation — Section 143.451.3, RSMo

Form MO‑1120, Line 10.

Four — Railroad — Section 143.451.4, RSMo

Missouri Miles

Total Miles

Percent

Five — Interstate Bridge — Section 143.451.5, RSMo

____________

__________

Six — Telephone and Telegraph — Section 143.451.6, RSMo

Seven — Other Approved Method — Section 143.461.2, RSMo. Letter of Approval from the Director of Revenue must be attached.

• Round percentages on this form to three digits to the right of the decimal point, such as 12.345%.

PART 1 — SINGLE FACTOR APPORTIONMENT METHOD SCHEDULE

1. Amount of sales wholly in Missouri .................................................................................................................................

2. Amount of sales partly within and partly without Missouri ...............................................................................................

3. Amount of sales wholly without Missouri .........................................................................................................................

4. Total amount — all sources — add Lines 1, 2, and 3 .....................................................................................................

5. One-half of Line 2 ............................................................................................................................................................

6. Total amount Missouri — add Lines 1 and 5 ...................................................................................................................

7. Missouri single factor apportionment fraction — divide Line 6 by Line 4 .......................................................................

NOTE: STOP HERE IF YOU DO NOT HAVE ANY WHOLLY PASSIVE INVESTMENT INCOME FROM OUTSIDE MISSOURI.

ENTER SCHEDULE MO-MS, PART 1, LINE 7 ON FORM MO-1120, LINE 10.

8. Missouri taxable income — all sources (Form MO-1120, Line 9) ..................................................................................

9. Federal income tax (Form MO-1120, Line 8) .................................................................................................................

10. Net Operating Loss (from Federal Form 1120, Line 29a) ..............................................................................................

11. Partial Missouri taxable income — all sources — add Lines 8 through 10 ....................................................................

12. Dividends from a non-Missouri payor .............................................................................................................................

13. Allocation of wholly passive investment income from outside Missouri. ........................................................................

14. Apportionable Income — Line 11 less Line 12 and Line 13 ...........................................................................................

15. Partial Missouri taxable income — Missouri sources — Multiply Line 14 by Line 7. ......................................................

16. Missouri income percentage — Divide Line 15 by Line 11 and enter on Form MO-1120, Line 10 ................................

(12-2012)