Fillable Printable Form Mo-Nrs - S Corporation Nonresident Form

Form Mo-Nrs - S Corporation Nonresident Form

Name

Complete this form for each nonresident shareholder who has Missouri source income. Each item shown in Parts 1 and 2, Columns (d) and (e) should

be entered on the appropriate lines of Form MO-NRI of each nonresident shareholder.

Attachment Sequence No. 1120S-01

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1. Ordinary business income (loss) .................00 00 00 00

2. Net rental real estate income (loss) ..............00 00 00 00

3. Other net rental income (loss)

(Federal Schedule K, Line 3c) ......................00 00 00 00

4. Interest income

..............................................00 00 00 00

5a. Ordinary dividends......................................00 00 00 00

5b. Qualified dividends .....................................00 00 00 00

6. Royalties .......................................................00 00 00 00

7. Net short-term capital gain (loss)..................00 00 00 00

8a. Net long-term capital gain (loss) .................00 00 00 00

8b. Collectibles (28%) gain (loss) ....................00 00 00 00

8c. Unrecaptured section 1250 gain .................00 00 00 00

9. Net section 1231 gain (loss) .........................00 00 00 00

10. Other income (loss) ....................................00 00 00 00

11. Section 179 deduction ................................00 00 00 00

12a. Contributions .............................................00 00 00 00

12b. Investment interest expense .....................00 00 00 00

12c. Section 59 (e)(2) expenditures .................00 00 00 00

12d. Other deductions ......................................00 00 00 00

(a) Federal

S Corporation’s Distributive Share Items - Part 1

Form

MO-NRS

Missouri Department of Revenue

S Corporation Nonresident Form

Department Use Only

(MM/DD/YY)

Reporting Period

(MM/DD/YY)

Charter

Number

Corporation

Number

Missouri Tax I.D.

Nonresident

Shareholder’s Name

Federal Employer

I.D. Number

Social Security

Number

Schedule K

(b)

Missouri Source

(c)

MO-MSS %

(d) Federal

Schedule K-1

(e)

Missouri Source

Reset Form

Print Form

Form MO-NRS (Revised 12-2015)

Additions

1.Net state and local income taxes deducted

on Federal Form 1120S ................0000

2. Net state and local bond interest

(except Missouri) ...................0000

3.PartnershipFiduciary

Other adjustments ..........0000

4. Donations claimed for the Food Pantry Tax

Credit that were deducted from federal

taxable income, Section 135.647, RSMo .0000

5. Total of Lines 1 through 4 .............0000

Subtractions

6. Net interest from exempt federal obligations00 00

7. Amount of any state income tax refund

included in federal ordinary income .....0000

8. Federally taxable — Missouri exempt

obligations .........................0000

9.PartnershipFiduciary

Other adjustments

Build America and Recovery Zone

Bond Interest

Missouri Public-Private

Transportation Act ...........0000

10.Missouri depreciation basis adjustment

(Section 143.121.3(7), RSMo) .........0000

11.Depreciation recovery on qualified property

that is sold (Section 143.121.3(9), RSMo) 0000

12.Total of Lines 6 through 11 ............0000

13.Missouri S corporation adjustment

— Net Addition .....................00000000

14.Missouri S corporation adjustment

— Net Subtraction ..................00000000

(a)

(b)

(c)

(d)(e)

Share of Missouri S Corporation Adjustment - Nonresident Shareholders - Part 2

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The lines below and Column (a) correspond to

the lines on Form MO-1120S.

Missouri

S Corporation

Adjustment

Missouri Source

MO-MSS %

Shareholder’s

S Corporation

AdjustmentMissouri Source

Refund or No Amount Due:

P.O. Box 700

Jefferson City, MO 65105-0700

Attach to Form MO-1120S and mail to

the Missouri Department of Revenue.

Instructions

Form MO-NRS must be completed and a copy (or its information) supplied to the nonresident shareholder when the S corporation has:

(1) a nonresident shareholder; and (2) the S corporation has income from Missouri sources. Do not complete the Form MO-NRS, if all

shareholders are Missouri residents.

The nonresident shareholder must report his or her share of the Missouri income and Missouri source modifications indicated on Form MO-NRS

on his or her Form MO-1040 and Form MO-NRI.

Any questions concerning the Form MO-1040 or Form MO-NRI should be directed to Individual Income Tax at (573) 751-3505. Any questions

concerning Subchapter S corporation distribution withholding or shareholder composite re turns should be directed to: Department of Revenue,

Taxation Division, P.O. Box 2200, Jefferson City, MO 65105-2200 or call (573) 751-1467.

Part 1 — S Corporation’s Distributive Share Items

1. Enter nonresident shareholder’s name and Social Security Number from Federal Form 1120S, Schedule K-1, for each nonresident. Enter

the corporation’s Federal Employer Identification Number. Complete a separate Form MO-NRS for each nonresident shareholder.

2. Column (a): Enter the amount from Federal Form 1120S, Schedule K. Note that the Form MO-NRS, Part 1, line numbers and items

match the Federal Form 1120S, Schedules K and K-1. Amounts in Column (a) must be analyzed to determine whether all or part of

each amount is from Missouri sources. These include amounts attributable to the ownership or disposition of any Missouri property

and business income that is attributable to Missouri sources. Whether nonbusiness income is attributable to Missouri sources is often

determined by whether the property sold or producing income was located in Missouri.

Business or ordinary income is wholly attributable to Missouri if the business is only carried on in Missouri. If not carried on only in Missouri,

the income must be divided between Missouri and other state(s). See instructions for Form MO-MSS.

3. Column (b): Multiply the amount in Column (a) by the percent in Column (c) and enter in Column (b).

4. Column (c): Enter the percent from Form MO-MSS, Line 4.

5. Column (d): Enter the amount from Federal Form 1120S, Schedule K-1 for each nonresident shareholder.

6. Column (e): Multiply the amount in Column (d) times the percent in Column (c).

Note: The items from Form MO-NRS, Part 1, Column (e), that are to be income or losses should be entered on the Form MO-NRI, as Missouri

source income. These amounts must be adjusted by any capital gain or passive loss limitation as required.

Part 2 — Share of Missouri - S Corporation Adjustment - Nonresident Shareholders

Do not complete Part 2 of Form MO-NRS if the “Missouri S Corporation Adjustment” and the “Allocation of Missouri S Corporation Adjustment

to Shareholders” on Form MO-1120S were not completed.

1. Column (a): Copy amounts from MO-1120S, Lines 1a–14.

2. Columns (b) and (c): Amounts in Column (a) must be analyzed to determine whether all or part of each amount is from Missouri sources.

See instructions for Form MO-MSS.

3. Column (d): Copy amount of each nonresident shareholder’s S corporation adjustment from Form MO-1120S, Page 2, Column 5.

4. Column (e): Enter in Column (e) the portion of the amount in Column (d) that is from Missouri sources. Generally, this is determined by

multiplying each shareholder’s Column (d) amount by the percent in Column (c). Attach a detailed explanation, if any other method is used.

Was the Form MO-1120S signed by an officer of the

corporation?

Did you review your completed return?

Are the corporation name, address, and identification numbers

correctly shown on the return?

Did you complete all parts of the return?

Have you verified all math calculations?

Did you receive an extension of time to file your return? If so,

have you attached a copy of the federal extension?

Is your filing period shown on Form MO-1120S?

Have you attached a copy of the federal form and supporting

schedules?

Have you addressed your envelope to the proper address?

Did you enter your Missouri Tax I.D. Number?

If you do not know your Missouri Tax I.D. Number, an officer

must call Business Registration at (573) 751-5860.

Did you enter your Charter Number? If you do not know your

Charter Number, call (866) 223-6535.

The Federal Privacy Act requires the Missouri Department of Revenue (Department) to inform taxpayers of the Department’s legal authority

for requesting identifying information, including social security numbers, and to explain why the information is needed and how the information

will be used.

Chapter 143 of the Missouri Revised Statutes authorizes the Department to request information necessary to carry out the tax laws of the state

of Missouri. Federal law 42 U.S.C. Section 405 (c)(2)(C) authorizes the states to require taxpayers to provide social security numbers.

The Department uses your social security number to identify you and process your tax returns and other documents, to determine and collect

the correct amount of tax, to ensure you are complying with the tax laws, and to exchange tax information with the Internal Revenue Service,

other states, and the Multistate Tax Commission (Chapters 32 and 143, RSMo). In addition, statutorily provided non-tax uses are: (1) to provide

information to the Department of Higher Education with respect to applicants for financial assistance under Chapter 173, RSMo and

(2) to offset refunds against amounts due to a state agency by a person or entity (Chapter 143, RSMo). Information furnished to other

agencies or persons shall be used solely for the purpose of administering tax laws or the specific laws administered by the person

having the statutory right to obtain it [as indicated above]. In addition, information may be disclosed to the public regarding the

name of a tax credit recipient and the amount issued to such recipient (Chapter 135, RSMo). (For the Department’s authority to

prescribe forms and torequire furnishing of social security numbers, see Chapters 135, 143, and 144, RSMo.)

You are required to provide your social security number on your tax return. Failure to provide your social security number or

providing a false social security number may result in criminal action against you.

Final Checklist Before MailingFederal Privacy Notice

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