Form Ir-25 - City Income Tax Return For Individuals - City Of Columbus Income Tax Division - 2000 Page 3

ADVERTISEMENT

SSN
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 Everywhere
Step 1. Average net book value of real and tangible personal property................................................................... $
Gross annual rentals multiplied by 8........................................................................................................... $
Total Step 1...................................................................................................................................................................................... $
Step 2. Gross receipts from sales made and work or services performed..................................................................................................... $
Step 3. Total wages, salaries, commissions and other compensation of all employees................................................................................ $
B. List city portion of the above 3 steps in spaces below and compute percentage of each appropriate city (B divided by A)
Adjusted net income from
Page 2, Schedule C, Line 21
of IR-25.
Multiply this figure by the
average percentage for each
City and enter allocable amount
by City in the space at the right.
Determine average percentage
by dividing total percentages by
number of percentages used.
.............................................................................................................................................................
......................................................................................................................................................................
IR-25 Page 3 (Rev.10/02)

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 3