Page 3
Legal Name (First 10 Characters)
Federal Employer ID Number
D-403
2003
Part 3.
A. Partners’ Shares of Income, Adjustments, Tax Credits, and Other Items
Complete Lines 1 through 8 for all partners.
B. Computation of North Carolina Taxable Income for Nonresident Partners
Complete Lines 9 through 16 for all nonresident partners.
C. Computation of Tax Due for Nonresident Partners on Whose Behalf the Partnership Pays the Tax
Complete Lines 17 through 19.
A
Attach other pages if needed.
Partner 1
Partner 2
Partner 3
1.
Identifying Number
2.
Name
3.
Address
4.
%
%
%
Partner’s share percentage
5.
Type of partner
(Ex: Ind., Corp., Part.)
6.
Additions to income (loss)
(To Form NC K-1, Line 2)
7.
Deductions from income (loss)
(To Form NC K-1, Line 3)
8.
Share of tax credits
(To Form NC K-1, Line 4)
B
9.
Guaranteed payments to
nonresident partners applicable
to income on Part 1, Line 8
10.
Percentage from Line 4 times
amount on Part 1, Line 8
11.
Add Lines 9 and 10
12.
Apportionment percentage
%
%
%
from Part 2, Line 15
13.
Multiply Line 11 by Line 12
14.
Guaranteed payments to
nonresident partners applicable
to income on Part 1, Line 9
15.
Percentage from Line 4 times
amount on Part 1, Line 9
16.
North Carolina taxable income
(Add Lines 13, 14, and 15)
C
17.
Tax Due
(See Tax Rate Schedule on Page 4)
18.
Tax credits allocated to
nonresident partners from Line 8
above
19.
Net Tax Due
(Line 17 minus Line 18)
Important: The Partnership must provide each Partner an NC K-1 for Form D-403 or other information necessary for the Partner to prepare the
appropriate North Carolina Tax Return.