FORM RC LINE BY LINE INSTRUCTIONS - cityofcf.com

LINE 1 WAGES AND SALARIESThe following lists are not all-inclusive:LINE 2A BUSINESS income (Use Table B if you have profit/loss in multiple municipalities)All sole proprietorships must file on Form RC. Please provide copy ofSchedule 2B RENTAL OR SUPPLEMENTAL income (Use Table B if you have profit/loss in multiple municipalities)LINE 2C OTHER INCOMEP lease provide documentation or 2D LOSS CARRIED FORWARDNet operating losses may be carried forward for five (5) years. Noportion of a net operating loss shall be carried back against net profitsof a prior year. This applies to any business or rental income loss fromprior years. Please include a 3 TOTAL OTHER TAXABLE INCOMEAdd the amounts on lines 2a, 2b and 2c, subtract line 2d and enter thetotal on line 3. Amount cannot be less than 4 TOTAL TAXABLE income BEFORE DEDUCTIONSAdd the amounts on lines 1 and 3 and enter the total on line 5 DEDUCTIONSE nter the amount from line 31 on back of return.

LINE 19 – PENALTY AND INTEREST If you calculated penalty and interest on the back of the return, enter the amount from line 34 onto line 19. LINE 20 – ESTIMATED INCOME

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  Income, Estimated, Estimated income

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