Net Profit License Fee Return 1.85%

NP
FAX 270Ͳ393Ͳ3636
NET PROFIT LICENSE FEE RETURN
OccupaƟonal Account Number
E
N
For Tax Year Ending
Due on or Before
DBA
A
CITY
STATE
Due Date Per Approved City Extension
ZIP
C
Social Security or Federal ID #
EnƟty Filing Return:
Individual
Partnership
CorporaƟon
LLC (Įling as ___________________________)
QUESTIONS BELOW MUST BE ANSWERED IN ORDER FOR THE RETURN TO BE ACCEPTED AS A COMPLETED RETURN:
DescripƟon of Business:___________________________________________________________________________________________
Print Name of Individual To Contact About This Return___________________________________ Phone #:________________________
Email Address Pertaining to this form:________________________________________________________________________________
Check if Final Return
Date OperaƟons Ceased ______________________ Short Period
Amended Return
If a permanent change of Įscal year end date has occurred give new year end : ______________________________________________
If Įnal return give reason for closing:_________________________________________________________________________________
If this is a LLC Įling as a disregarded enƟty check here
and read instrucƟons below:
****LLC’s ReporƟng and Įling on income under a separate City account number must provide that City Account number below. If a City account numͲ
ber is provided for an acƟve Įling enƟty, the license fees will be waived for this return and no balance will be due. The return must sƟll be Įled as a
zero return by the original due date (or by a city approved extended date) in order to avoid penalƟes.*****
Income for this LLC is Įled under City account number: ____________________________
Alcohol Beverage Sales DeducƟon worksheet:
Divide: KY Alcoholic Beverage Sales =………………………………………………..…………………………………….……………..___________________________%
Total Sales (Total Gross Receipts of Business from Line 1)
Enter Total Adjusted Income from Line 6 …………………………………………..…………………………………………………….___________________________
Alcoholic Beverage Sales DeducƟon (mulƟply % arrived at by Total Adjusted Income )Enter on Line J…….. ___________________________
Important points to review before mailing: (Detailed instrucƟons for compleƟng this return can be found on our website www.bgky.org )
x
x
x
x
x
x
x
Did you complete both sides of this return? NAME AND ACCOUNT NUMBER NEEDS TO BE COMPLETED ON BOTH SIDES TO ENSURE PROPER FILING.
Have you aƩached required applicable federal schedules? ( For Example: Fed Schedule C, Fed 1120 or 1120s, Schedule E, Fed 1065, Fed 1041 and/
or other applicable Federal Returns or schedules that were used to arrive at the net proĮt on front of this return).
If this is an LLC that is disregarded, did you note special instrucƟons in box above?
If on Federal Extension, a City Extension with esƟmated payment must be Įled with our oĸce by the original due date to avoid penalty charges.
Interest will be due from the original due date. The Extension Request Form can be found on the City website.
If you are using a percentage on line 10, the apporƟonment secƟon must be completed.
If you are Įling a late return, did you calculate and pay any applicable penalty and interest fees?
If this is the Įrst Ɵme you have Įled with our City, have you completed a Business RegistraƟon applicaƟon and paid the required fees?
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Business Name :____________________________________________OccupaƟonal Account # __________________________________
Tax Year ______ /_________/_______ Due Date _____ /_______ /_______ Soc Sec/Fed ID ____________________________________
1. GROSS RECEIPTS AND SALES LESS RETURNS AND ALLOWANCES PER ATTACHED REQUIRED FEDERAL RETURNS…………………...
1. _____________________
2. COST OF GOODS SOLD PER ATTACHED FEDERAL RETURN ……………………………………………………………………………………………………... 2. (__________________)
3. ADDITIONAL INCOME (INCLUDING BUT NOT LIMITED TO –DIVIDENDS, INTEREST, GROSS RENTS, GROSS ROYALTIES,
N›ã ¦ƒ®Ä ÊÙ ½ÊÝÝ (4797), ‘ƒÖ®ãƒ½ GAIN (SCHEDULE D , FORM 1120 , OTHER INCOME) PER ATTACHED FEDERAL RETURN .... 3. _____________________
4. ãÊヽ ®Ä‘ÊÛ (½®Ä› 1 Ýçãك‘ã ½®Ä› 2, ƒ—— ½®Ä› 3)…………………… …………………………………………………..……………………… 4. _____________________
5. TOTAL DEDUCTIONS PER ATTACHED FEDERAL RETURN …………………………………………………………………………………………………………… 5. (____________________)
6. NET PROFIT PER ATTACHED FEDERAL RETURN (½®Ä› 4 ½›ÝÝ ½®Ä› 5) ……………………………………………………………………………………….. 6. ______________________
A—¹çÝãÛÄãÝ ( ®¥ ƒÖÖ½®‘ƒ½›) ֛٠‘®ãù Ê¥ Êó½®Ä¦ ¦Ù››Ä Êٗ®ÄƒÄ‘› :
ITEMS NOT DEDUCTIBLE AND MUST BE ADDED BACK:
ITEMS NOT SUBJECT AND ARE DEDUCTIBLE:
A. State Income Taxes and OccupaƟonal License Fees
__________________ G. Interest Income
B. Net OperaƟng Loss Carryover
__________________ H. Dividend Income
__________________
__________________
C. Capital Loss (Show as PosiƟve Number)(Sch D/4797) __________________ I. Net Capital Gain
__________________
D. Partners Guaranteed Payments
__________________
J. Alcohol Sales DeducƟon (per worksheet secƟon) __________________
E. Other (Must specify and provide federal schedule)
__________________ K. Allowable Pass Through Expenses
__________________
F. TOTAL ADDITIONS (Carry this total to line 7)
____________________ L. TOTAL DEDUCTIONS (Carry this total to Line 8)
__________________
. ITEMS NOT DEDUCTIBLE (TOTAL FROM LINE F ) …………………………………………………………………………………………………………....
7. ______________________
8. ITEMS NOT SUBJECT (TOTAL FROM LINE L) ……………………………………………………………………………………………………..……………. 8. (_____________________)
9. ADJUSTED NET PROFIT (LINE 6 ͲADD LINE 7 AND SUBTRACT LINE 8) ………………………………………………………………………………….
9. ______________________
CalculaƟon of ApporƟonment Percentage is for a business whose acƟviƟes were conducted in more than one city
M.
Gross Receipts/Sales/ Rents/Services within the City of Bowling Green…………………..……………
$________________________
N.
Total Gross Receipts/Sales/Rents/Services
$________________________
O.
Divide Line M by Line N……………………………………………………………………………………………………………
P.
Payroll within the City of Bowling Green………………………………………………………...………………………… $________________________
Q.
Total payroll everywhere………………………………………………………………………………………………………….
$________________________
R.
Divide Line P by Line Q …………………………………………………………………………………………………………
__ __ __ .__ __ __ __ __ __ %
……………………………………………….………………………
__ __ __ .__ __ __ __ __ __ %
S.
Total Percentages (add line 0 + R) …………………………………………………………………………………………………... __ __ __ .__ __ __ __ __ __ %
T.
ApporƟonment Percentage –if both lines O and R are greater than zero, divide entry on line S by 2.
Enter here. If either line N or Q is zero, enter the total amount from Line S here. ……………………….. __ __ __ .__ __ __ __ __ __ %
(Final percentage arrived at to line 10)
10. __
__ __ .__ __ __ __ __ __ %
(If line 10 is less the 100% the
apporƟonment calculaƟon secƟon
must be completed)
11. N›ã PÙÊ¥®ã S琹›‘ã ãÊ L®‘›Äݛ F›› ( L®Ä› 9 Ãç½ã®Ö½®›— ù L®Ä› 10 )…………………………………………………………………………………….……… 11. _______________________
12. L®‘›Äݛ F›› Dç› ƒã 㫛 ك㛠ʥ 1.85% ( L®Ä› 11 Ãç½ã®Ö½®›— ù 1.85 %)…………………………………………………………………………….…. 12. ______________________
(**If amount is less than $30.00, a minimum fee of $30.00 is due on line 12**)
13. Pٛò®ÊçÝ ÖƒùÛÄãÝ Ãƒ—› (ÖÙ®ÊÙ ‘Ù›—®ãÝ ÊÙ ›Ýã®Ãƒã›Ý փ®—) ………………………………………………………………………….…………………………... 13. _________________________
14. R›¥çė ÊÙ Cٛ—®ã. ®¥ ½®Ä› 13 ®Ý ¦Ù›ƒã›Ù ã«ƒÄ ½®Ä› 12 C«›‘» Pٛ¥›Ù›Ä‘›
CREDIT REFUND
…………………………………... 14. ______________________
15. Bƒ½ƒÄ‘› Dç›. I¥ L®Ä› 12 ®Ý ¦Ù›ƒã›Ù ã«ƒÄ ½®Ä› 13 EÄã›Ù ƒ½ƒÄ‘› Ê¥ ½®‘›Äݛ ¥›› —ç› «›Ù›…………………………………………………………………. 15. _________________________
16. IÄã›Ù›Ýã—1% (ّ֛›Äã) ֛٠ÃÊÄã« ÊÙ ÖÊÙã®ÊÄ Ê¥ ÃÊÄã«…………………………………………………………………………………………………. 16. ______________________
17. P›Äƒ½ãù—5% (ّ֛›Äã) ֛٠ÃÊÄã« ÊÙ ÖÊÙã®ÊÄ Ê¥ ÃÊÄã« ÄÊã ãÊ ›ø‘››— 25% (çã Ý«ƒ½½ ÄÊ㠐› ½›ÝÝ ã«ƒÄ $25.00)……………………… 17. ______________________
18. TÊヽ AÃÊçÄã Dç› ( A—— L®Ä›Ý 15, 16, ƒÄ— 17)……………………………………………………………………………………………………………. 18. ______________________
S®¦Äƒãçٛ Ê¥ ãƒøÖƒù›Ù _________________________________________ Dƒã› ___________________ P«Êě NçЛ٠_____________________EMAIL______________________
S®¦Äƒãçٛ Ê¥ Öٛփٛ٠_________________________________________ Dƒã› ___________________ P«Êě NçЛ٠_____________________EMAIL _____________________
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