Triva isn't available right now.
Check out the support page for our phone number and hours
Legal
Recommended Products
-
CoCounsel
Move faster and accomplish more with a professional-grade, generative AI assistant that transforms the way you work. Thomson Reuters CoCounsel is with you every step of the way, backed by authoritative content and industry-leading expertise.
-
Westlaw
Conduct legal research efficiently and confidently using trusted content, proprietary editorial enhancements, and advanced technology.
-
Practical Law
Accelerate how you find answers with powerful generative AI capabilities and the expertise of 650+ attorney editors. With Practical Law, access thousands of expertly maintained how-to guides, templates, checklists, and more across all major practice areas.
Questions? We are here to help
Tax & Accounting
-
Top products for corporations
-
Top products for accounting firms
Recommended Products
-
CoCounsel Tax, Audit, Accounting
Move faster and accomplish more with a professional-grade, generative AI assistant that transforms the way you work. Thomson Reuters CoCounsel is with you every step of the way, backed by authoritative content and industry-leading expertise.
-
UltraTax CS
Provides a full line of federal, state, and local programs. Save time with tax planning, preparation, and compliance.
-
1040SCAN
Automate work paper preparation and eliminate data entry
Questions? We are here to help
Trade & Supply
Recommended Products
-
Foreign Trade Zone Management
Software that keeps supply chain data in one central location. Optimize operations, connect with external partners, create reports and keep inventory accurate.
-
Indirect Tax
Automate sales and use tax, GST, and VAT compliance. Consolidate multiple country-specific spreadsheets into a single, customizable solution and improve tax filing and return accuracy.
Questions? We are here to help
Risk & Fraud
Recommended Products
-
CLEAR
Search volumes of data with intuitive navigation and simple filtering parameters. Prevent, detect, and investigate crime.
-
Fraud Detect
Identify patterns of potentially fraudulent behavior with actionable analytics and protect resources and program integrity.
-
ID Risk Analytics
Analyze data to detect, prevent, and mitigate fraud. Focus investigation resources on the highest risks and protect programs by reducing improper payments.
Questions? We are here to help
News & Media
Recommended Products
-
Reuters Connect
Around the globe, with unmatched speed and scale, Reuters Connect gives you the power to serve your audiences in a whole new way.
-
Reuters Plus - Content Studio
Reuters Plus, the commercial content studio at the heart of Reuters, builds campaign content that helps you to connect with your audiences in meaningful and hyper-targeted ways.
-
Reuters.com Platform
Reuters.com provides readers with a rich, immersive multimedia experience when accessing the latest fast-moving global news and in-depth reporting.
Questions? We are here to help
Books
Recommended Products
-
What's new in legal products
Shop our latest titles
-
Shop tax customer favorites
ProView Quickfinder favorite libraries
Questions? We are here to help
Developers
-
APIs by industry
-
Related sites
-
United States Support
-
International support
-
New releases
-
Join a TR community
-
Free trials & demos
Allocation and apportionment (IT-40PNRA)
Overview
Overview
For part-year residents and nonresidents, income from a Schedule C, Rental, Farm, or Farm Rental activity can be allocated and/or apportioned to Indiana to determine the amount taxable if less than 100 percent of the total income for the activity is taxable in Indiana.
Allocation
For Indiana purposes, any Schedule C, Rental, Farm, or Farm Rental income taxable to the residency period is typically handled via Allocation if less than 100 percent of the total income is taxable to Indiana.
For part-year residents, enter the percentage of income attributable to the residency period via the Allocation spreadsheet on the federal
C
, Rent
, F
, or 4835
screens. Once this is done, the amount allocated to the Indiana residency period is part of the AGI Worksheet and on Schedule A, column B for the lines for business income, rental income, or farm income.For nonresidents, don't enter an allocation percentage in the Allocation spreadsheet if income is subject to apportionment. This is because the difference between total income and the income allocated to Indiana (if any) is subject to Apportionment to determine the taxable amount from the nonresident period.
Apportionment
The amount of non-allocated income (the difference between total income and the amount allocated to the residency period, if any) transfers to the
INPNRA
screen in the Income and Adjustments
folder. In the Total Sales
field, enter the Within Indiana
portion. This information calculates Schedule IT-40PNRA to determine the portion of income subject to apportionment that is taxable in Indiana. The taxable amount from Schedule IT-40PNRA reports on Schedule A, column B, line for apportioned income.If none of the non-allocated income is taxable to Indiana, leave the Indiana factors blank in the
INPNRA
screen.note
The Indiana instate portion of self-employment tax adjustment reported on Schedule A doesn't account for taxable income from apportionment. Use the AGI Worksheet to override the Self-Employment tax adjustment to report on Schedule A. An activity is treated as 100 percent allocated to Indiana (and therefore not subject to apportionment) if either of the following applies:
- You enter anINZIP Code in the federal screen for a particular activity with no other state-related entries, and don't enter anything in the State allocation spreadsheet.
- You enter information in the State allocation spreadsheet to allocate 100 percent of federal net income to Indiana.
This article applies to:
- Product: UltraTax CS
- Return type: 1040 Individual
- State: Indiana