Excess gross income worksheet
| Directions | IT-201 & 203 filers | IT-204 filers | IT-205 filers |
|---|---|---|---|
| 1 Add the income amounts from federal Form 1040, lines 1z, 2b, 3b, 4b, 5b, and 6b | |||
| 2 Enter the income (not loss) from federal Schedule C, line 7 | |||
| 3 Enter the income (not loss) from federal Schedule F, line 9 | |||
| 4 Certain partnership gross income (see instructions) | |||
| 5 Add the income amounts on federal Form 1041, lines 1 and 2a | |||
| 6 Enter the amount of any pension payments included on federal Form 1041, line 8 | |||
| 7 Enter the amount from federal Form 1065, line 3 | |||
| 8 Add the amounts from federal Form 1065, Schedule K, lines 5 and 6a | |||
| 9 Enter the amount of any pension payments included on federal Form 1065, line 7 | |||
| 10 Add lines 1 through 9 (as applicable) | |||
| 11 Enter the lesser of line 10 or $30,000 |
Instructions
Line 4: If you were a partner in a partnership and your federal Schedule K-1 shows any amount (including a loss) in box 14 under code A, enter the sum of the code B and C amounts shown in box 14.
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