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DIVISION OF REVENUE AND TAXATION COMMONWEALTH OF THE NORTHERN MARIANA ISLANDS ALLOCATION OF INCOME FOR PARTNERSHIP RETURN (Please type or print in ink) (See instructions on reverse side) Schedule
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01
Start by gathering all your sources of income.
02
Identify the different categories or allocations you want to make for your income.
03
Determine the percentage or amount you want to allocate for each category.
04
Calculate the total income and the allocated amount for each category.
05
Fill out the allocation of income form or document, providing the necessary details and figures for each category.
06
Review and double-check the completed form for accuracy.
07
Submit the filled-out allocation of income form to the appropriate department or recipient.
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Who needs allocation of income for?

01
Individuals or households who want to properly allocate and manage their income
02
Businesses or organizations that need to assign funds to different departments or projects
03
Financial advisors or accountants helping clients with budgeting and financial planning
04
Government agencies or organizations requiring income allocation data for taxation or reporting purposes
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Allocation of income is used to distribute income among different entities or accounts based on predefined criteria.
Individuals or entities that have income from multiple sources or activities may be required to file allocation of income.
Allocation of income can be filled out by providing detailed information about the sources of income and the criteria used to distribute it.
The purpose of allocation of income is to ensure that income is distributed properly among different entities or accounts.
Information such as the amounts of income from different sources, the criteria used for allocation, and any relevant calculations must be reported on allocation of income.
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