Form Ir-1 - City Income Tax Return For Individuals Page 3

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Name(s) as shown on Page 1
Primary Social Security
STOP:
If your only source of income is from wages, do not complete the remainder of this page. Return to Page 1. Copies of your Federal Schedule C, E and F may be
attached to your city return in lieu of completing the schedules below.
PART F
SCHEDULE C — INCOME (LOSS) FROM SELF-EMPLOYMENT
If you conducted business in more than one city, you must allocate income on Schedule Y (below)
Business Name:
Business Address:
Has City income tax been withheld from and remitted for all taxable employees dur-
Nature of Business:
ing the period covered by this return?
Federal ID (if any):
Yes
No (if NO, explain on an attached statement)
Date Business Began in Englewood:
Section 1
INCOME
1
Total Receipts Less Allowances, Rebates and Returns ………………………………………………………………………………………………….
1
2
Less Cost of Goods Sold or Cost of Operations …………………………………………………………………………………………………………..
2
3
Gross Profit (Subtract Line 2 from Line 1) ………………………………………………………………………………………………………………….
3
4
Dividends _____________________ + Interest _________________+ Royalties ___________________= ……………………………………..
4
Rents Received ………………………………………………………………………………………………………………………………………………..
5
5
6
Other Business Income (attach schedule) ………………………………………………………………………………………………………………….
6
7
Gross Income
……………………………………………………………………………………………………………….………...
7
(Add Lines 3 through 6)
Section 2
EXPENSES
8
Advertising and Promotion …………………………..
14
Repairs ……………………………………………….
8
14
9
Bad Debts ……………………………………………..
9
15
Salaries and Wages ………………………………...
15
10
Car & Truck Expenses ……………………………….
16
Compensation of Officers …………………………..
10
16
11
Depreciation/Amortization/Depletion ……………….
11
17
Commissions (attached 1099s) …………………….
17
12
Interest of Business Indebtedness ………………….
12
18
Taxes & Licenses ………………………………….
18
13
Rents …………………………………………………..
19
Other—attached schedule if over $5,000 ………..
13
19
20
Total Expenses
……………………………………………………………………………………………..……………………….
20
(Add Lines 8 through 19)
21
Net Profit (Loss) from Business or Professions
………………..……..
21
(Subtract Line 20 from Line 7) - Carry this figure to Page 1 in PART B in Column H
PART G
SCHEDULE E — RENTAL INCOME (LOSS)
Carry these figures to Page 1 in PART B in Column I
Property A
Property B
Property C
Property D
Address of Property
…………………………………….…..……..
22
22
(Street/City/State)
Rents Received ……………………………………………………………………….
23
23
24
Total Expenses ………………………………………………………………………..
24
25
Net Income (Loss) -
…………………………………..
25
Carry this figure to PART B on Page 1
Local Tax Paid
…..
26
26
(limited to 1.75% of Line 6)
Carry this figure on Page 1 in PART B on Line 11
27
Name of City that Taxes were paid to
……..
27
— ATTACH A COPY of the other city tax return
SCHEDULE Y
BUSINESS ALLOCATION FORMULA
Use this schedule if engaged in business in more than one city and you do not have books and records which will disclose with reasonable accuracy what portion of the net
profits is attributed to that part of the business done within the boundaries of the city or cities involved.
A. LOCATED
B. LOCATED IN
PERCENTAGE
EVERYWHERE
ENGLEWOOD
(B ÷ A)
STEP 1
Original Cost of Real & Tangible Personal Property ………………….
$
$
Gross Annual Rentals Paid Multiplied by 8 …………………………….
$
$
Total Step 1 ……………………………………………………………….
%
$
$
STEP 2
Gross Receipts from Sales made and/or work performed …………..
$
$
%
STEP 3
Wages, Salaries and other Compensation paid ……………………...
$
$
%
STEP 4
Total Percentages ……………………………………………………….
$
$
%
STEP 5
%
Average Percentages (divide total percentages by number of percentages used) ……………………………………………………...………….
STEP 6
Total Net income multiplied by Average Percentage (STEP 5) - Transfer Total to PART B …………………………………………………...…...
$

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