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Future of professionals report 2025
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Screen MSDir2 - Mississippi Construction Contractors Direct Accounting (1120)
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Gross Profit
Use this section to enter information to calculate gross profit for multiple-state construction contractors filing direct accounting for Form 83-124 or 84-124, Page 2.
note
If the client is an S Corporation and is filing direct accounting for a multiple-state construction contractor, the Income and Deductions sections in the MSDir Screen must be completed in order to calculate Forms 84-131, 84-132, MS Schedule K Worksheet, and MS Shareholder’s Share of Schedule K1 - Apportioned / Allocated Income Worksheet.
Non-Allocable Business Income
Mississippi other business income
Enter Mississippi’s non-allocable portion of other business income. This amount is added to the amount in the
Gross receipts - jobs in
Mississippi
field to complete Form 83-124 or 84-124, Page 2.