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Form BCA1.35 ALLOCATION FACTOR INTERROGATORIES (Rev. Jan. 1999) Jesse White Secretary of State Department of Business Services Springfield, IL 62756 Telephone (217) 7826961 http://www.sos.state.il.us

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How to fill out allocation factor

01

Step 1: Gather all the necessary information required to calculate the allocation factor. This includes the total available resources and the specific factors that need to be considered.

02

Step 2: Determine the weightage or importance of each factor that needs to be allocated. This will help in proportionately distributing the resources.

03

Step 3: Calculate the allocation factor for each factor by dividing the weightage of the factor by the sum of weights of all factors.

04

Step 4: Multiply the allocation factor of each factor with the total available resources to get the allocated resources for that factor.

05

Step 5: Repeat the calculation for all factors to determine the total allocated resources for each factor.

06

Step 6: Verify the allocations and make any adjustments if necessary.

07

Step 7: Fill out the allocation factor by listing each factor and its corresponding allocation value.

Who needs allocation factor?

01

Allocation factor is needed by organizations or individuals who have limited resources but multiple factors that require allocation.

02

It is commonly used in budgeting, resource allocation, project management, decision-making, and any scenario where resources need to be distributed among different factors.

03

Businesses, governments, nonprofits, research institutions, and other entities that deal with resource allocation can benefit from using allocation factors.

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What is allocation factor?

The allocation factor is a percentage used to apportion income or expenses among different tax jurisdictions.

Who is required to file allocation factor?

Entities that operate in multiple tax jurisdictions are generally required to file an allocation factor.

How to fill out allocation factor?

The allocation factor is typically calculated by dividing an entity's income or expenses in a specific tax jurisdiction by its total income or expenses.

What is the purpose of allocation factor?

The purpose of the allocation factor is to ensure that income or expenses are fairly allocated among different tax jurisdictions.

What information must be reported on allocation factor?

The allocation factor typically requires information on an entity's income or expenses in each tax jurisdiction where it operates.

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