Form M-4x - Amended Franchise Tax Return - Minnesota Page 2
Download a blank fillable Form M-4x - Amended Franchise Tax Return - Minnesota in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form M-4x - Amended Franchise Tax Return - Minnesota with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2Schedule A
Amended Apportionment Schedule
Complete only if your net income is from sources both in and outside Minnesota. Members of a unitary group
must complete Schedules CI and ACI for the tax year being amended. If the apportionment percentage is the
same as on the return being amended, skip lines 4 through 8, and fill in that percentage on line 9.
Refer to the Schedule A instructions for the tax year being amended.
1 Net income (loss) before net operating loss deduction (from line 1, column C, of Form M-4X) . . . . . 1
2 Total nonapportionable income (income from property not used in your business
or farm income in tax years beginning before Jan. 1, 1991) (attach schedule) . . . . . . . . . . . . . . 2
3 Apportionable income (subtract line 2 from line 1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
A
B
C
D
E
Total
Ratio
Weighted
Weighted %
In Minnesota
(A ÷ B) x 100
factors
(C x D)
4 Average tangible property owned
(see instructions) . . . . . . . . . . . . 4
5 Rents paid (capitalized)
(see instructions) . . . . . . . . . . . . 5
6 Total property owned or used
%
15%
%
(add lines 4 and 5) . . . . . . . . . . 6
7 Total payroll including
%
15%
%
compensation of officers . . . . . . . 7
8 Sales, gross earnings or receipts
%
70%
%
(whichever is applicable) . . . . . . 8
%
9 Apportionment percentage (add percentages on lines 6, 7 and 8, column E) . . . . . . . 9
If amending a return from 1986 or earlier, read the note under “Apportioning income” in this
year’s M-4X instructions.
10 Net income apportioned to Minnesota (multiply line 3 by line 9) . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Minnesota nonapportionable income (income from property not
used in your business or Minnesota farm income) (attach schedule) . . . . . . . . . . . . . . . . . . . . . 11
12 Taxable net income (add lines 10 and 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13 Net operating loss deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .13
14 Taxable net income per Minnesota return (subtract line 13 from line 12) . . . . . . . . . . . . . . . . . . 14
Fill in this amount on line 3, column C, of Form M-4X.
Explanation of changes
Use this space to explain changes in income, deductions, credits, etc. If you need more room, attach a separate sheet.
Show computations in detail and attach any schedules needed.
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial