Form Tc-20 - Utah Corporation Franchise Or Income Tax Return - 2000 Page 5
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7TC- 20 H
Schedule H - Nonbusiness Income Net of Expenses
Rev. 12/00
Employer Identification Number
Corporation Name
Taxable Year Ending
Note: Failure to complete all information required below may result in automatic disallowance of the nonbusiness income claimed
Utah Nonbusiness Income (Allocated to Utah)
(See instructions page 15)
Beginning Value of Invest-
Ending Value of Investment
Acquisition Date
Payor of
Description of Utah
Nonbusiness
ment Used to Produce
Used to Produce
of Nonbusiness
Nonbusiness
Nonbusiness Income
Income
Nonbusiness Income
Nonbusiness Income
Asset(s)
Income
1a.
1b.
1c.
1d.
2.
Total Utah nonbusiness income (add lines 1a through 1d)
3a.
Description of direct expense related to line 1a above
Enter amount of direct expense
3b.
Description of direct expense related to line 1b above
Enter amount of direct expense
3c.
Description of direct expense related to line 1c above
Enter amount of direct expense
3d.
Description of direct expense related to line 1d above
Enter amount of direct expense
4.
Total direct related expenses (add lines 3a through 3d)
5.
Utah nonbusiness income net of direct related expenses (subtract line 4 from line 2)
Assets Used To Produce
Total Assets
Indirect Related Expenses for Utah Nonbusiness Income
Utah Nonbusiness Income
(Column B)
(Column A)
6.
Beginning of year
7.
End of year
8.
Sum of beginning and ending asset values (add lines 6 and 7)
9.
Average assets (line 8 divided by 2)
10.
Average Utah nonbusiness assets to average total assets (line 9, column A divided by line 9, column B)
11.
Interest expense deducted in computing Utah taxable income (see instructions
page 16
)
12.
Indirect related expenses for Utah nonbusiness income (line 10 multiplied by line 11)
13.
Total Utah nonbusiness income net of expenses (subtract line 12 from line 5, enter here and on Schedule A, line 5a)
Non-Utah Nonbusiness Income (Allocated Outside Utah)
(See instructions page 16)
Beginning Value of Invest-
Acquisition Date
Payor of
Ending Value of Investment
Description of Non-Utah
Nonbusiness
ment Used to Produce
of Nonbusiness
Nonbusiness
Used to Produce
Nonbusiness Income
Income
Nonbusiness Income
Asset(s)
Income
Nonbusiness Income
14a.
14b.
14c.
14d.
15. Total non-Utah nonbusiness income (add lines 14a through 14d)
16a.
Description of direct expense related to line 14a above
Enter amount of direct expense
16b.
Description of direct expense related to line 14b above
Enter amount of direct expense
16c.
Description of direct expense related to line 14c above
Enter amount of direct expense
16d.
Description of direct expense related to line 14d above
Enter amount of direct expense
17.
Total direct related expenses (add lines 16a through 16d)
18.
Non-Utah nonbusiness income net of direct related expenses (subtract line 17 from line 15)
Total Assets Used To
Total Assets
Indirect Related Expenses for non-Utah Nonbusiness Income
Produce Nonbusiness Income
(Column B)
(Column A)
19.
Beginning of year
20.
End of year
21.
Sum of beginning and ending asset values
(add lines 19 and 20)
22.
Average assets (line 21 divided by 2)
23.
Average total nonbusiness assets to average total assets (line 22, column A divided by line 22, column B)
24.
Interest expense deducted in computing Utah taxable income (see instructions page 16)
25.
Indirect related expenses for non-Utah nonbusiness income (line 23 multiplied by line 24)
26.
Total non-Utah nonbusiness income net of expenses (subtract line 25 from line 18, enter here and on Schedule A, line 5b)
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