Missouri Nonbusiness Income Schedule

Nonbusiness Income Schedule
Form MO-NBI - Nonbusiness Income Schedule
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MO-NBI

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Department Use Only
(MM/DD/YY)

Missouri Department of Revenue
Nonbusiness Income Schedule

Attachment Sequence No. 1120-02

Taxable Year

Beginning

Ending

(MM/DD/YY)

(MM/DD/YY)

Missouri Tax I.D.

Federal Employer

Number

I.D. Number

Charter
Number
Corporation
Name

Complete this schedule only if you apportion income to Missouri (using Method 1) and to other states and you have income classified
as non­business income. See Page 2 for explanations of Business and Nonbusiness income or 12 CSR 10-2.075 for further explanation.

Business Description

Note:  All income is presumed to be business income unless you can clearly show the income to be nonbusiness income. If this
schedule is not attached to your Corporation Income Tax Return, your nonbusiness income will not be considered.
Describe in detail your regular trade or business operations including your product or service description.

Detailed description and explanation of why income is nonbusiness,
including the characteristics that make the item outside of the realm
and scope of your regular business operations.

1. Everywhere

Total each column

1.

Related Expenses

Gross Income

3. Everywhere

4. Missouri

Income and Expenses

2. Missouri

2.

3.

4.

Nonbusiness income — all sources — Column 1 less Column 3. Enter on Form MO-MS, Part 1, Line 9.
Nonbusiness income — Missouri sources — Column 2 less Column 4. Enter on Form MO-MS, Part 1, Line 12.
Form MO-NBI (Revised 12-2016)

Attach to Form MO-1120 and mail to
the Missouri Department of Revenue.

Balance Due:	
P.O. Box 3365	
Jefferson City, MO 65105-3365	

*14106010001*
14106010001

Refund or No Amount Due:
P.O. Box 700
Jefferson City, MO 65105-0700

Definitions

“Business Income” is income arising from transactions and activities in the regular course of the taxpayer’s trade or
business and includes some income from tangible and intangible property if the acquisition, management, and
disposition of the property constitute integral parts of the taxpayer’s regular trade or business operations.
Example: The taxpayer is engaged in the heavy construction business and uses equipment such as cranes and
tractors. The taxpayer makes short-term leases of the equipment when the equipment is not needed on any
particular project. The rental income is business income.
“Nonbusiness Income” means all income other than business income.
Example: The taxpayer operates a multistate chain of grocery stores. It purchases as an investment an office
building in another state with surplus funds and leases the entire building to others. The net rental income is not
business income of the grocery store trade or business. Therefore, the net rental income is nonbusiness income.

*14000000001*
14000000001

Form MO-NBI (Revised 12-2016)