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2005 MUSKEGON M-1040TC
TAX CALCULATIONS SCHEDULE
FOR USE BY PART YEAR RESIDENTS
TAXPAYER'S NAME SOCIAL SECURITY NUMBER
NUMBER OF MONTHS FROM TO
2005 MUSKEGON RESIDENCY
FORMER ADDRESS
CATEGORIES OF INCOME
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6
TOTAL INCOME EXCLUDABLE INCOME MUSKEGON INCOME TOTAL INCOME
SOURCES OF INCOME ADJUSTMENTS OR ADJUSTMENTS EARNED AS A INCOME EARNED SUBJECT TO TAX
DEDUCTIONS AND DEDUCTIONS NON-RESIDENT AS A RESIDENT (COL. 4 + COL. 5)
1a. 00 00 00 00 00
1b. 00 00 00 00 00
1c. 00 00 00 00 00
1d. 00 00 00 00 00 PLEA
1e. 00 00 00 00 00 SERO
1f. 00 00 00 00 00 UND
1g. 00 00 00 00 00 OT
HT
1h. 00 00 00 00 00 ENEA
1i. 00 00 00 00 00 REST
1j. 00 00 00 00 00 DOL
2. TOTALS 00 00 00 00 00 ALR
3. PERCENTAGE OF TOTAL MUSKEGON INCOME 100%
4. RENAISSANCE ZONE DEDUCTION
5. EXEMPTION AMOUNT
6. TAXABLE INCOME 00 00 00
7. TAX RATES (0.5% = .005 AND 1% = .01) 0.5% 1%
8. TAX 00 00 00
INSTRUCTIONS FOR M-1040TC, TAX CALCULATION SCHEDULE
LINE 1 . List each source of income (i.e, employer, Schedule C, interest, etc.) or deduction in column 1 and the total income or deduction from
the item in column 2. Split the income or deduction between the different categories of income (columns 3, 4, and 5) based upon the
time in each status and enter the income subject to tax in column 6.
LINE 2 . Total column 2, column 3, column 4, column 5 and column 6 and enter the amounts.
LINE 3 . Compute and enter in column 4 and column 5 the percentage of total income subject to tax by dividing the amount on line 2 of the
column by the total income subject to tax (line 2 divided by column 6).
LINE 4 . Qualified Renaissance Zone Individuals Only Enter amount from line 11 of Schedule RZ M-1040.
LINE 5 . Enter in column 6 the total exemption credit from Form M-1040, line 16 and compute the exemption credit for column 4 and column 5
based upon the percentages on line 3 of the respective column.
LINE 6 . Subtract line 4 and 5 from line 2 and enter the difference.
LINE 8 . Multiply line 6 of column 4 and column 5 by the tax rate for the column from line 7 and enter the amount. Add the amounts in column 4
and column 5 and enter the total in column 6.
Enter the total from column 6, line 8 on Form M-1040, line 18.
ATTACH A COPY OF THE M-1040TC TO YOUR INCOME TAX RETURN