Schedule Mo-Mss - S Corporation Allocation And Apportionment Schedule

Download a blank fillable Schedule Mo-Mss - S Corporation Allocation And Apportionment Schedule in PDF format just by clicking the "DOWNLOAD PDF" button.

Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.

Complete Schedule Mo-Mss - S Corporation Allocation And Apportionment Schedule with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.

Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.

Print Form

Reset Form

Attachment Sequence No. 1120S-04

SCHEDULE

MO-MSS

MISSOURI DEPARTMENT OF REVENUE

S CORPORATION ALLOCATION

AND APPORTIONMENT SCHEDULE

REV. (09-2012)

DO NOT USE 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 income from Missouri sources. Check only ONE of the seven boxes.

Method One — MULTISTATE ALLOCATION AND THREE FACTOR APPORTIONMENT — Multistate Tax Compact — Section 32.200, RSMo — Complete Parts 3 and 2.

Method Two — BUSINESS TRANSACTION SINGLE FACTOR APPORTIONMENT — Section 143.451.2(2), RSMo — Complete Parts 3 and 1.

Special Methods Number 3 to 7 — Attach Detailed Explanation

Three — Transportation — Section 143.451.3, RSMo

Six — Telephone and Telegraph — Section 143.451.6, RSMo

Four — Railroad — Section 143.451.4, RSMo

Seven — Other Approved Method — Section 143.461.2, RSMo Letter of Approval from the

Director of Revenue must be attached.

Five — Interstate Bridge — Section 143.451.5, RSMo

PART 1 — METHOD TWO — SINGLE FACTOR APPORTIONMENT

• Enter on Line 1 the amount of sales which are transacted wholly in Missouri.

• Enter on Line 2 the amount of sales which are transacted partly within Missouri and partly without Missouri.

• Enter on Line 3 the amount of sales which are transacted wholly without Missouri.

• In determining income from Missouri sources in cases where sales do not express the volume of business, enter on Line 1 the amount of business transacted wholly in

Missouri and enter on Line 2 the amount of business transacted partly in Missouri and partly outside Missouri.

• Attach an explanation reconciling Line 4 with specific data on Federal Form 1120S.

1. Amount wholly in Missouri ..........................................................................................................................................................................

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

3. Amount wholly without Missouri .............................................................................................. 3

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

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). Enter on Schedule MO‑NRS,

Parts 1 and 2, Column (c) ........................................................................................................................................................................

TOTAL MISSOURI

TOTAL EVERYWHERE

PERCENT WITHIN MISSOURI

PART 2 — METHOD ONE — THREE FACTOR APPORTIONMENT

(a)

(b)

(a) ÷ (b)

1. Average yearly value of real and tangible personal property used in the

business, whether owned or rented.

Owned property: (at original cost, see instructions) (Exclude property not

connected with the business and value of construction in progress.)

Land ............................................................................................................

Depreciable assets ......................................................................................

Inventory and supplies ................................................................................

Other (attach schedule) ...............................................................................

Net annual rental of property, times eight ...................................................

TOTAL PROPERTY VALUES ...........................................................................

2. Wages, salaries, commissions, and other compensation of employees

related to business income

TOTAL WAGES AND SALARIES .....................................................................

3. Sales (gross receipts, less returns and allowances):

(a) Sales delivered or shipped to Missouri purchasers:

(1) Shipped from outside Missouri ..........................................................

(2) Shipped from within Missouri ............................................................

(b) Sales shipped from Missouri to:

(1) The United States Government .........................................................

(2) Purchasers in a state where the taxpayer would not be taxable

(e.g., under Public Law 86‑272) ........................................................

TOTAL SALES

4. APPORTIONMENT FACTOR — add percentages on Lines 1, 2, and 3, and divide by factors present (see instructions)

Enter on Schedule MO‑NRS, Parts 1 and 2, Column (c). ........................................................................................................................

MO-MSS (09-2012)

For more information, visit