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CITY OF LAPEER INCOME TAX
SCHEDULE P - PART YEAR RESIDENT CALCULATION
TAX YEAR ___________
FOR THE COMPUTATION OF LAPEER INCOME TAX OF A PART-YEAR RESIDENT SUBJECT TO LAPEER INCOME TAX AS A
RESIDENT AND NONRESIDENT
SCHEDULE P MUST BE ATTACHED TO LAPEER INCOME TAX RETURN FORM L-1040
1a. TAXPAYER'S FIRST NAME , MIDDLE INITIAL, AND LAST NAME 1b. YOUR SOCIAL SECURITY NUMBER
1c. IF JOINT RETURN, SPOUSE'S FIRST NAME, MIDDLE INITIAL, AND LAST NAME 1d. SPOUSE'S SOCIAL SECURITY NUMBER
1e. LAPEER RESIDENT FROM TO 1f. FORMER ADDRESS
INCOME
2. Wages, tips and other compensation (deferred compensation, sick pay, etc). COLUMN 1 COLUMN 2
Indicate husband's wages by placing an "H" in the brackets in front of the employer's name. LAPEER ALL INCOME LAPEER
Indicate wife's wages by placing an "W" in the brackets in front of the employer's name. INCOME TAX WHILE A LAPEER INCOME WHILE A
EMPLOYER'S NAME ADDRESS OF ACTUAL WORK STATION WITHHELD RESIDENT NONRESIDENT
2a. ( ) 2a.
2b. ( ) 2b.
2c. ( ) 2c.
2d. ( ) 2d.
2e. ( ) 2e.
2f. ( ) 2f.
2g. ( ) 2g.
3. TOTAL COMPENSATION AND LAPEER TAX WITHHELD 3.
4. Taxable interest 4.
5. Ordinary dividends 5.
6. Business Income. (Attach copy of Federal Schedule C) 6.
7. Capital gains or losses. (Attach copy of Federal Schedule D) 7.
8. Rental real estate, royalties, partnerships, trusts, etc. (Attach copy of Federal Schedule E) 8.
9. Other income. Attach statement listing type and amount. 9.
10. TOTAL INCOME. ADD LINES 3 THROUGH 9 10.
DEDUCTIONS
11. Individual Retirement Account. (Attach Federal Form 1040 Schedule 1) 11.
12. Employee business expenses. (See instructions and attach Federal Form 2106 or detailed list) 12.
13. Moving expenses. (Into City of Lapeer only) (Attach Federal 3903 or detailed list) 13.
14. Alimony paid. DO NOT INCLUDE CHILD SUPPORT (Attach Federal Form 1040 Schedule 1) 14.
15. TOTAL DEDUCTIONS. ADD LINES 11 THROUGH 14 15.
16. TOTAL INCOME AFTER DEDUCTIONS. SUBTRACT LINE 15 FROM LINE 10 16.
17. Amount for exemptions. (Number of exemptions, _____ times exemption amount of $600.00) 17.
18. Excess exemption amount. If amount on line 17 exceeds the amount in column 1, line 16 enter the unused portion 18.
19. Total income subject to tax as a resident. Column 1: Subtract line 17 from line 16 19.
20. Total income subject to tax as a nonresident. Column 2: Subtract line 18 from line 16 20.
COMPUTATION OF TAX
21. Tax while RESIDENT: Multiply amount on Line 19 Column 1 by 1% (.01) 21.
22. Tax while NONRESIDENT: Multiply amount on line 20 Column 2 by 1/2 % (.005) 22.
23. TOTAL TAX. Add Column 1, line 21 and 22 and enter here and on Page 1, line 19 23.
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