Form Sc 1101 B - South Carolina Bank Tax Return (Page 3 of 5) in pdf

Form Sc 1101 B - South Carolina Bank Tax Return Page 3

SC1101 B

Page 3

SCHEDULES C, D, AND E ARE TO BE COMPLETED BY MULTI-STATE BANKS

SCHEDULE C

INCOME SUBJECT TO DIRECT ALLOCATION

Net Amounts

Less:

Allocated Direct.

Allocated

to SC and

Directly to

Gross

Amounts

Expenses

Other States

1. Interest not connected with business

2. Dividends received

3. Rents

4. Gains/losses on real property

5. Gains/losses on intangible personal property

6. Investment income directly allocated

7. TOTAL INCOME DIRECTLY ALLOCATED

8. INCOME DIRECTLY ALLOCATED TO SC

SCHEDULE D

COMPUTATION OF TAXABLE INCOME FOR BANKS CLAIMING MULTI-STATE OPERATIONS

1. Total net income as reconciled. Enter amount from line 3, Page 1

2. Less: Income subject to direct allocation to SC and other states from Schedule C, line 7

3. Total net income subject to apportionment (line 1 less line 2)

4. Multiply amount on line 3 by the ratio from Schedule E and enter result here

5. Add: Income subject to direct allocation to SC from Schedule C, line 8

6. Total SC Net Income (sum of lines 4 and 5 above) also enter on line 4, Page 1

SCHEDULE E

COMPUTATION OF GROSS RECEIPTS RATIO

1. In SC

2. Total Everywhere

3. Ratio

1. Total Gross Receipts

> <

2. Less: Exclusion

3. Gross Receipts (for ratio)

. .

4. Ratio of Gross Receipts (line 3, Col. 1

line 3, Col. 2)

30893028

Form Sc 1101 B - South Carolina Bank Tax Return Page 3

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