| DISREGARD THIS PAGE IF ENTIRE AND ONLY TAXABLE INCOME IS FROM SALARIES AND WAGES |
| SCHEDULE B - INCOME FROM RENTALS (from Federal Return) | ||||||||||
| 1. Description and Location of Property |
2. Amount Received |
3. Depreciation |
4. Repairs |
5. Other Expenses |
6. Net Profit |
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| $ | $ | $ | $ | $ | ||||||
| $ | $ | $ | $ | $ | ||||||
| $ | $ | $ | $ | $ | ||||||
| $ | $ | $ | $ | $ | ||||||
| $ | $ | $ | $ | $ | ||||||
| Show Net Rental Income (or loss) for period covered by this return (Total Col. 6 - Net Profits) here and on line 2, Schedule A | $ | |||||||||
| SCHEDULE C - PROFIT (OR LOSS) FROM BUSINESS OR PROFESSION Amount to be shown on line 1 below must be exactly as reported for Federal tax purposes on your Federal tax return. Adjustment of this Net Profit (or Loss) figure is accomplished by using Schedule X, below, to indicateitems of income not taxable and items not deductible under Mantua Income Tax Ordianance. In case BOTH the taxpayer individual and his business (or profession) are non-resident, only Net Profit from Mantua operation is taxable, and either column A or Column B are provided below to indicate the allocation of net income for Income Tax purposes. | ||||
| NET PROFIT | ||||
| COLUMN A As shown by Federal Return | COLUMN B Allocable to Mantua | |||
| 1. Net Profit (or loss) per your Federal Income Tax Return Form 1050 (Attach Copy) | $ | $ | ||
| 2. Add items not deductible under Mantua Income Tax Ord. (Schedule X) | $ | $ | ||
| 3. Deduct items not taxable under Mantua Tax Ord. (Schedule X) | $ | $ | ||
| 4. Adjusted Net Profit for Calendar year or fiscal year ending _______, 2007 | $ | $ | ||
| 5. ________% (as determined by Allocation Percentage Formula) of line 4, Column A | $ | X X X X | X X | |
| 6. Amount Subject to Mantua Tax (enter on line 3, Schedule A) | $ | $ | ||
| SCHEDULE X - ADJUSTMENT OF NET PROFIT (OR LOSS) LINE 1, SCHEDULE C ABOVE, TO EXCLUDE INCOME NOT TAXABLE AND EXPENSES NOT ALLOWABLE UNDER MANTUA INCOME TAX ORDINANCE Schedule X entries are allowable only to the extent directly included in determination of net profits as shown in your Federal Return. | |||||
| Items Not Deductible - ADD | Items Not Taxable - DEDUCT | ||||
| a. Withdrawls by owner, if included in any expense accounts | $ | e. Interest Received | $ | ||
| b. All income taxes paid | $ | f. Royalties, Patents, Copyrights | $ | ||
| c. Net operating loss deduction carry-over - from Federal Return | $ | g. Dividends Received | $ | ||
| d. Capital Losses | $ | h. Capital Gains | $ | ||
| TOTAL ADDITIONS (enter on line 2, Schedule C) | $ | TOTAL DEDUCTIONS (enter on line 3, Schedule C) | $ | ||
| SCHEDULE D - INCOME FROM PARTNERSHIPS, ESTAES, TRUSTS, AND OTHER SOURCES See Your Federal Return Give Detail of any Other Income subject to Mantua Income Tax | |||||
| Nature and Source of Other Income | Amount | ||||
| $ | |||||
| $ | |||||
| $ | |||||
| $ | |||||
| $ | |||||
| Total Other Income subject to Mantua Income Tax (enter on line 4, Schedule A) | $ | ||||