Mississippi Business Income Apportionment Schedule
Extracted from PDF file 2022-mississippi-form-83-125.pdf, last modified June 2022
Business Income Apportionment ScheduleReset Form Form 83-125-22-8-1-000 (Rev. 06/22) Print Form Mississippi Business Income Apportionment Schedule 2022 831252281000 FEIN PART I: COMPUTATION OF APPORTIONMENT FACTORS (ROUND TO FOUR DECIMAL PLACES) A Total Mississippi B Total Everywhere C Mississippi Ratio 1 Property factor a Beginning of taxable year b End of taxable year c Total (line 1a plus line 1b) d Average net book value of assets (divide line 1c by two) e Rental property (enter annual rental property multiplied by eight) f Total (line 1d plus line 1e) g Mississippi property factor (line 1f, column A divided by line 1f, column B) . % 2 Payroll factor (line 2, column A divided by line 2, column B) . % 3 Sales factor (line 3, column A divided by line 3, column B) . % . % . % . % . % PART II: APPLICATION OF APPORTIONMENT FACTORS (CHECK ONE) Retailing, renting, servicing, merchandising or wholesaling 4 Sales factor (from part I, line 3, column C) (enter ratio on Form 83-122, line 19) Manufacturers that sell principally at retail % 5e Sales factor (from part I, line 3, column C) . . . . . 5f . % 5a Property factor (from part I, line 1g, column C) 5b Payroll factor (from part I, line 2, column C) 5c Subtotal (line 5a plus line 5b) 5d Average (divide line 5c by two) Total (line 5d plus line 5e) % % % % 5g Weighted average (divide line 5f by two) (enter ratio on Form 83-122, line 19) Financial institutions, pipelines or manufacturers that sell principally at wholesale (for major medical or pharmaceutical suppliers, see instructions Form 83-100) % 6b Payroll factor (from part I, line 2, column C) 6c Sales factor (from part I, line 3, column C) . . . 6d Total (add lines 6a, 6b and 6c) . % 6a Property factor (from part I, line 1g, column C) 6e Average (divide line 6d by three) (enter ratio on Form 83-122, line 19) Airlines, motor carriers, express companies, telephone and telegraph companies 7 Special formula required (attach schedule and enter ratio on Form 83-122, line 19) % %
More about the Mississippi Form 83-125 Corporate Income Tax TY 2022
We last updated the Business Income Apportionment Schedule in January 2023, so this is the latest version of Form 83-125, fully updated for tax year 2022. You can download or print current or past-year PDFs of Form 83-125 directly from TaxFormFinder. You can print other Mississippi tax forms here.
Other Mississippi Corporate Income Tax Forms:
|Form Code||Form Name|
|Form 83-180||Application for Automatic Six Month Extension for Corporate Income & Franchise Tax Return|
|Form 83-300||Corporate Income Tax Voucher|
|Form 84-387||Partnership Income Tax Withholding Voucher|
|Form 84-300||Pass-Through Entity Income Tax Voucher|
|Form 83-125||Business Income Apportionment Schedule|
Mississippi usually releases forms for the current tax year between January and April. We last updated Mississippi Form 83-125 from the Department of Revenue in January 2023.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Mississippi Form 83-125
We have a total of ten past-year versions of Form 83-125 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
While we do our best to keep our list of Mississippi Income Tax Forms up to date and complete, we cannot be held liable for errors or omissions. Is the form on this page out-of-date or not working? Please let us know and we will fix it ASAP.