Form Pit-B - New Mexico Allocation And Apportionment Of Income Shedule - 2012
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2*120580200*
2012 PIT-B
NEW MEXICO ALLOCATION AND APPORTIONMENT
OF INCOME SCHEDULE
YOUR SOCIAL SECURITY NUMBER
Print your name (first, middle, last)
This schedule must be completed by taxpayers who allocate and apportion income from both within and outside the State of New Mexico. Please refer to
the instructions. Include the Schedule PIT-B with your Personal Income Tax Return, Form PIT-1.
For first-year and part-year resident taxpayers, enter the period of residency.
A. From
B. through
If your spouse's residency period is different, enter the period of residency
C. From
D. through
for your spouse. If additional periods of residency apply, write them in the
space below this line.
Primary
Spouse
Check the box if the primary taxpayer or spouse is a military servicemember's spouse qualifying for relief
under the Military Spouses Residency Relief Act, is not a resident of New Mexico and is allocating income
E.
F.
from services performed in New Mexico to their state of residence.
NOTE: R
185
EsidENT TaxpayERs iNcludiNg pERsONs physically pREsENT
days OR mORE iN This sTaTE musT allOcaTE all iNcOmE
1, 2, 3
7
N
m
.
aNd dEducTiONs ON liNEs
aNd
iN full TO
Ew
ExicO
ALLOCATION OF NONBUSINESS INCOME
Column 1- Total Federal Income
Column 2 - New Mexico Income
1. Wages, salaries, tips, etc. (If non-resident military
personnel, see PIT-B instructions.) ...............................
00
00
1
2. Interest and dividends (Include difference from
Schedule PIT-ADJ, line 1 minus line 6.) ........................
00
00
2
3. Pensions, annuities, Social Security and lump-sum
distributions ...................................................................
00
00
3
4. Rents and royalties ........................................................
00
00
4
5. Gains or losses from the sale or exchange
of property .....................................................................
00
00
5
6. Income or losses from pass-through entities .................
00
00
6
7. All other income not included in lines 1 - 6
and line 8 .......................................................................
00
00
7
APPORTIONMENT OF BUSINESS INCOME (If no business income, go to line 9.)
8. Business and farm income
8
00
00
(Complete worksheet on page 2; see instructions.) ......
9. ADD lines 1 - 8 and enter the amount here ...................
00
00
9
10. Federal adjustments to income: For column 1 enter
figure from line 36, federal Form 1040 or line 20,
1040A. For column 2 see PIT-B instructions .................
00
00
10
11. Total income (Line 9 minus line 10.); column 1 must
be equal to or greater than Federal Adjusted
Gross Income (Line 9, Form PIT-1.) ...........................
00
00
11
(If non-resident military personnel, see PIT-B instructions.)
12. DIVIDE amount on line 11, column 2 by amount on line 11, column 1. Compute to 3 decimal places.
_._ _ _
(Cannot be less than zero. If greater than 1, enter 1.000.) ....................................................................................................
12
13. Using the Tax Rate Tables, find the tax applicable to line 17, Form PIT-1. If an amount is shown on
00
line 19, Form PIT-1, add this amount to the tax and enter the result here. .............................................................
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14. MULTIPLY line 12 by line 13. Enter the amount here and on line 18 of Form PIT-1 and mark the box
on line 18a with a "B" to indicate the tax came from Schedule PIT-B .....................................................................
00
14
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