CA Combined Report of Income
Assume that the unitary income of ABC Inc., a group of corporations, is $6,000,000 in 2012.
A,B, and C are in California.
- Use the following worksheet to compute the income that each must report to CA if B has rental income of $100,000. Assume CA uses the single sales factor.
|
Denominator
|
A
|
B
|
C
|
Total
|
|
Property
|
600,000
|
64,000
|
136,000
|
800,000
|
|
Payroll
|
500,000
|
26,000
|
74,000
|
600,000
|
|
Sales
|
4,000,000
|
600,000
|
400,000
|
5,000,000
|
|
Numerator
|
A
|
B
|
C
|
Total
|
|
Property
|
80,000
|
|
100,000
|
180,000
|
|
Payroll
|
50,000
|
|
70,000
|
120,000
|
|
Sales
|
150,000
|
400,000
|
500,000
|
1,050,000
|
|
Apportionment Factor
|
A
|
B
|
C
|
Total
|
|
Property
|
|
|
|
|
|
Payroll
|
|
|
|
|
|
Sales
|
|
|
|
|
|
Total
|
|
|
|
|
|
Average
|
|
|
|
|
- Apportioned CA Income :
- Allocated CA Income :
- Total Taxable Income :