Form K-121s - Kansas Combined Income Method Of Reporting Page 2
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1
2PART II
APPORTIONMENT FORMULA
(Form K-121S)
To t a l
Corporation A
Corporation B
Percent
Within Kansas
Company
Within Kansas
Within
Kansas
Beg. of Year
End of Year
Beg. of Year
End of Year
Beg. of Year
End of Year
1a. Value of owned real and tangible personal
property used in the business at original cost.
Inventory ............................................................
Depreciable Assets ...........................................
Land ....................................................................
Other Tangible Assets (Enclose schedule) ....
Less: Construction in Progress .......................
Total Property to be Averaged ...........................
÷
Average Owned Property (Beg. + End
2)
1b. Net annual rental property. Multiplied by 8 ......
TOTAL PROPERTY .............................................
1 A
Percentage: Corporation A (Divide Corp. A by Total Co.)
Percentage: Corporation B (Divide Corp. B by Total Co.)
1B
2. Wages, salaries, commissions and other compensation of
employees related to business income included in return.
TOTAL PAYROLL ..........................................................................
2A
Percentage: Corporation A (Divide Corp. A by Total Co.)
Percentage: Corporation B (Divide Corp. B by Total Co.)
2B
3. Sales (Gross receipts, less returns and allowances) .............
a. Sales delivered or shipped to purchasers in Kansas:
(1) Shipped from outside Kansas ........................................
(2) Shipped from within Kansas ...........................................
b. Sales shipped from Kansas 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) .......................
c. Dividends .................................................................................
Interest ......................................................................................
Rents ........................................................................................
Royalties ..................................................................................
Gains/losses from intangible asset sales ...........................
Gross proceeds from tangible asset sales .........................
Other income (Enclose schedule) .......................................
TOTAL SALES ...............................................................................
Percentage: Corporation A (Divide Corp. A by Total Co.)
3A
Percentage: Corporation B (Divide Corp. B by Total Co.)
3B
4. Total Percent: Corporation A (Add lines 1A, 2A, & 3A)
4A
Corporation B (Add lines 1B, 2B, & 3B)
If utilizing three factor formula
4B
5. Total Percent: Corporation A (Add lines 1A & 3A)
5A
Corporation B (Add lines 1B & 3B)
If qualified and utilizing two factor formula
5B
6. Average Percent: Corporation A (To Part I, Line 15, Form K-121S)
6A
Corporation B (To Part I, Line 15, Form K-121S)
Average percent of line 4 or 5, whichever is applicable
6B
Page 17
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