Account #: _________________________ Account Name:___________________________
Year Ended:________________________ FEIN/SSN: _______________________________
Individual Partnership Corp and S-Corp
1040 Schedule C, E, F, 1040
Other income, 1099
Form 1065 Form 1120 & 1120S
1
Non-employee Compensation as reported on Form 1099-Misc reported as "other income"
on Federal Form 1040 (attach Schedule 1 of Form 1040 and Form 1099)
N/A N/A
2
Net Profit/Loss per Federal Schedule C of Form 1040 (attach Schedule C or Schedule C-
EZ and Schedule 1)
N/A N/A
3
Rental Income/Loss per Federal Schedule E of Form 1040 (attach Schedule E and
Schedule 1)
N/A N/A
4
Net farm Profit/Loss per Federal Schedule F of Form 1040 (Attach Schedule F and
Schedule 1)
N/A N/A
5
Capital Gain from Federal Form 4797 or Form 6252 reported on Schedule D of Form
1040 (attach Form 4797 or Form 6252)
N/A N/A
6
Ordinary Gain/Loss on the sale of property used in trade or business per Federal Form
4797 (Attach Form 4797)
N/A N/A
7
Ordinary Income/Loss per Federal Form 1065 (Attach Form 1065, Schedule of
other Deductions and Rental Schedule(s), if applicable)
N/A N/A
8
Taxable Income/Loss per Federal Form 1120 or 1120A or Ordinary Income/Loss per
Federal Form 1120S (Attach Form 1120 or 1120A, Schedule of other Deductions,
and Rental Schedule(s), if applicable)
N/A N/A
9
Ordinary Income/Loss per Federal Form 1120S (Attach Form 1120S, Schedule of
other Deductions, and Rental Schedule(s), if applicable)
N/A N/A
1
0
State Income Taxes and Occupational taxes deducted on Federal Schedule C,E,F,
or Form 1065, 1120, 1120A, or 1120S
1
1
Additions from Schedule K of Form 1065 or Form 1120S (Attach Schedule K of Form
1065 or 1120S and rental schedule(s), if applicable).
N/A
1
2 Net Operating Loss deducted on Form 1120 N/A N/A
13
Total Income - Add Line 1 through Line 12
14
Subtractions from Schedule K of Form 1065 or Form 1120S (Attach Schedule K of Form
1065 or 1120S and rental schedule(s), if applicable).
N/A
15
KY Alcoholic Beverages (Attach Computation Sheet)
16
Other Adjustment (Attach Schedule)
17
Professional Expense not reimbursed by the Partnership (Attach schedule of Expenses)
18
Total Deductible Items - Add Lines 14 through 17
19
Adjusted Net Business Income - Subtract Line 18 from Line 13
Column A Column B Column C
Boone County Factor Total Operations Everywhere Boone County % ( A/B=C)
20 Gross Receipts from sales made and/or services rendered
20(a) 20(b) 20(c)
21
Gross Compensation including wages, salaries and other compensation (see
instructions before completing)
21(a) 21(b) 21(c)
22
Total Apportionment Factor(add Column C, lines 20 & 21)
23
Apportionment Factor (Column C line 22 divided by the number of percents used). If
both lines 20(b)& 21(b) are greater than zero, divide the entry on Line 22(c)by 2 and
enter here. If either Line 20(b) or 21(b) is zero, enter the amount from Line 22 here.
23(c)
24
Taxable Boone County Net Profit - Multiply Line 19 by 23(c) and enter here
Boone Cty Ordinance #07-27 Boone Cty Mental Health #07-26
see page 1 for maximum see page 1 for maximum see page 1 for maximum
25
Allocated Profit Enter Line 24 - transfer to page 1 where appropriate
(Transfer to Line 1 page 1) (Transfer to Line 6 page1) (Transfer to Line 11 page 1)
Form 0706-1 - Page 1 of 2
Form 0806-1 - Page 2 of 2
COMPUTATION OF APPORTIONMENT PERCENTAGES
Adjusted Business Income Calculation Page (page 2 of Net Profit Return)
All licensees who conduct a business activity in Boone County, KY must complete
this part, regardless of profit or loss.