Instructions For Form 8810 - 2016 Page 9
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13Keep for Your Records
Worksheet 4—Allowed Deductions and Losses
Name of Activity:
(c) Unallowed
(d) Allowed
(a) Deductions and
(b) Ratio
Deductions and
Deductions and
Losses
Losses
Losses
1.
Form 1120 deductions:
a. Cost of goods sold . . . . . . . . . . . . . . . .
b. Compensation of officers . . . . . . . . . . .
c. Salaries and wages . . . . . . . . . . . . . . .
d. Repairs and maintenance
e. Bad debts . . . . . . . . . . . . . . . . . . . . . .
f. Rents . . . . . . . . . . . . . . . . . . . . . . . . . .
g. Taxes and licenses . . . . . . . . . . . . . . .
h. Interest . . . . . . . . . . . . . . . . . . . . . . . .
i. Depreciation . . . . . . . . . . . . . . . . . . . . .
j. Depletion . . . . . . . . . . . . . . . . . . . . . . .
k. Advertising . . . . . . . . . . . . . . . . . . . . .
l. Other deductions . . . . . . . . . . . . . . . . .
▶
Total Form 1120 deductions: . . . . . . . .
1.00
2.
Schedule D and Form 8949 losses . . . . . .
3.
Form 4797 losses . . . . . . . . . . . . . . . . . .
Name of Activity:
(c) Unallowed
(d) Allowed
(a) Deductions and
(b) Ratio
Deductions and
Deductions and
Losses
Losses
Losses
1.
Form 1120 deductions:
a. Cost of goods sold . . . . . . . . . . . . . . . .
b. Compensation of officers . . . . . . . . . . .
c. Salaries and wages . . . . . . . . . . . . . . .
d. Repairs and maintenance
e. Bad debts . . . . . . . . . . . . . . . . . . . . . .
f. Rents . . . . . . . . . . . . . . . . . . . . . . . . . .
g. Taxes and licenses . . . . . . . . . . . . . . .
h. Interest . . . . . . . . . . . . . . . . . . . . . . . .
i. Depreciation . . . . . . . . . . . . . . . . . . . . .
j. Depletion . . . . . . . . . . . . . . . . . . . . . . .
k. Advertising . . . . . . . . . . . . . . . . . . . . .
l. Other deductions . . . . . . . . . . . . . . . . .
▶
Total Form 1120 deductions . . . . . . . . .
1.00
2.
Schedule D and Form 8949 losses . . . . . .
3.
Form 4797 losses . . . . . . . . . . . . . . . . . .
Worksheet 4
If the unallowed loss is reported on one
Example. The corporation has one passive
form or schedule, skip the following example
activity. The activity has an unallowed loss of
Use Worksheet 4 to allocate the unallowed
and complete Worksheet 4.
$18,000 in Worksheet 3, column (c), and the
deductions and losses for each activity
following net losses and net gain.
among Form 1120 deductions and any
If the unallowed loss is from losses
losses to be reported on Form 4797 and
reported on more than one form or schedule,
Form 8949 (and Schedule D (Form 1120), as
allocate the unallowed loss from among the
applicable).
net losses as follows.
Instructions for Form 8810 (2016)
-9-
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Parent category: Financial