Form Clt-4s - Montana S Corporation Information And Composite Tax Return - 2012 Page 3

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Form CLT-4S, Page 3

FEIN

Schedule I – Apportionment Factors for Multistate S Corporations

Enter amounts in columns A and B. Enter percentages in column C.

A. Everywhere

B. Montana

C. Factor

1. Property Factor: Use average value for real and tangible personal property.

1a. Land ..............................................................................................1a.

1b. Buildings ........................................................................................1b.

1c. Machinery ...................................................................................... 1c.

1d. Equipment .....................................................................................1d.

1e. Furniture and ﬁ xtures ....................................................................1e.

1f. Leases and leased property ...........................................................1f.

1g. Inventories .....................................................................................1g.

1h. Depletable assets ..........................................................................1h.

1i. Supplies and other ......................................................................... 1i.

1j. Property of foreign subsidiaries included in combined unitary group 1j.

1k. Property of unconsolidated subsidiaries included in combined

unitary group ................................................................................. 1k.

1l. Property of pass-through entities included in combined unitary group 1l.

1m. Multiply amount of rents by 8 and enter result .............................1m.

Total Property Value add lines 1a through 1m ........................................

Divide the total in column B by the total in column A. Multiply the result by 100. This is your property factor. .......1.

2. Payroll Factor:

2a. Compensation of ofﬁ cers...............................................................2a.

2b. Salaries and wages .......................................................................2b.

Payroll included in:

2c. Costs of goods sold ....................................................................... 2c.

2d. Other expenses and deductions....................................................2d.

2e. Payroll of foreign subsidiaries included in combined unitary group 2e.

2f. Payroll of unconsolidated subsidiaries included in combined

unitary group ..................................................................................2f.

2g. Payroll of pass-through entities included in combined unitary group 2g.

Total Payroll Value add lines 2a through 2g ............................................

Divide the total in column B by the total in column A. Multiply the result by 100. This is your payroll factor. ..........2.

3. Sales (Gross Receipts) Factor:

3a. Gross sales, less returns and allowances ...................................... 3a.

3b. Sales delivered or shipped to Montana purchasers:

(1) Shipped from outside Montana ............................................................................... 3b.(1)

(2) Shipped from within Montana ................................................................................. 3b.(2)

3c. Sales shipped from Montana to:

(1) United States government ...................................................................................... 3c.(1)

(2) Purchasers in a state where the taxpayer is not taxable ........................................ 3c.(2)

3d. Sales other than sales of tangible personal property (i.e. service income) .................... 3d.

3e. Net gains reported on federal Schedule D and federal Form 4797 ... 3e.

3f. Other gross receipts (rents, royalties, interest, etc.)........................ 3f.

3g. Sales (receipts) of foreign subsidiaries included in combined

unitary group .................................................................................. 3g.

3h. Sales (receipts) of unconsolidated subsidiaries included in

combined unitary group .................................................................. 3h.

3i. Sales (receipts) of pass-through entities included in combined

unitary group ................................................................................... 3i.

3j. Less: All intercompany transactions ................................................ 3j.

Total Sales Value add lines 3a through 3j .................................................

Divide the total in column B by the total in column A. Multiply the result by 100. This is your sales factor. .............3.

4. Add the percentages on lines 1, 2, and 3 in column C. This is the sum of your factors. .........................................4.

5. Divide the total percentage on line 4, column C, by the number of factors that can be included in the calculation. If

there is a value in column A for a factor category (Property, Payroll, or Sales) you should include this factor as part

of the calculation (see instructions). Enter the results here and also insert on Form CLT-4S, page 1, line 18. This

is your apportionment factor. ...................................................................................................................................5.

*12DX0301*