Form 20s - S Corporation Information/tax Return - 2011 Page 2
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41100022S
2
FORM 20S – 2011
Page
SCHEDULE B – Allocation of Nonbusiness Income, Loss, and Expense
Identify by account name and amount all items of nonbusiness income, loss, and
allowable deduction that is applicable to both business and nonbusiness income of
expense removed from apportionable income and those items which are directly
the taxpayer shall be prorated to each class of income in determining income
allocable to Alabama. Adjustment(s) must also be made for any proration of
subject to tax as provided…” (See instructions).
expenses under Alabama Income Tax Rule 810-27-1-4-.01, which states, “Any
DIRECTLY ALLOCABLE ITEMS
ALLOCABLE GROSS INCOME / LOSS
RELATED EXPENSE
NET OF RELATED EXPENSE
Column A
Column B
Column C
Column D
Column E
Column F
Everywhere
Alabama
Everywhere
Alabama
Everywhere
Alabama
(Col. A less Col. C)
(Col. B less Col. D)
Nonseparately stated items
•
1a
•
1b
•
1c
•
•
1d Total (add lines 1a, 1b, and 1c)
Separately stated items
•
1e
•
1f
•
1g
•
•
1h Total (add lines 1e, 1f, and 1g)
SCHEDULE C – Apportionment Factor Schedule. Do not complete if entity operates exclusively in Alabama.
ALABAMA
EVERYWHERE
TANGIBLE PROPERTY AT COST FOR
PRODUCTION OF BUSINESS INCOME
BEGINNING OF YEAR
END OF YEAR
BEGINNING OF YEAR
END OF YEAR
•
1 Inventories
•
2 Land
•
3 Furniture and fixtures
•
4 Machinery and equipment
•
5 Buildings and leasehold improvements
•
6 IDB/IRB property (at cost)
•
7 Government property (at FMV)
8 •
•
9 Less Construction in progress (if included)
•
10 Totals
•
•
11 Average owned property (BOY + EOY ÷ 2)
•
•
•
•
12 Annual rental expense
x8 =
x8 =
•
•
13 Total average property (add line 11 and line 12) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13a
. . . . . . . . . . . . . . . . . . . . . .
13b
•
%
14
14 Alabama property factor — 13a ÷ 13b = line 14 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
15a
ALABAMA
15b
EVERYWHERE
15c
SALARIES, WAGES, COMMISSIONS AND OTHER COMPENSATION
RELATED TO THE PRODUCTION OF BUSINESS INCOME
•
%
15 Alabama payroll factor — 15a ÷ 15b = 15c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
SALES
ALABAMA
EVERYWHERE
•
16 Destination sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
17 Origin sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
18 Total gross receipts from sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
19 Dividends . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
20 Interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
21 Rents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
22 Royalties. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
•
23 Gross proceeds from capital and ordinary gains. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
24 Other •___________________________________ (Federal 1120S, line •_____ )
•
•
•
•
25 Alabama sales factor — 25a ÷ 25b = line 25c. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
%
25a
25b
25c
26 Enter the amount from line 25c. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
26
%
•
27 Sum of lines 14, 15c, 25c, and 26 ÷ 4 = ALABAMA APPORTIONMENT FACTOR (Enter here and on line 4, Schedule E, page 3) . . . . . . 27
%
ADOR
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