TaxFormFinder
Massachusetts Partnership Return
Extracted from PDF file 2023-massachusetts-form-3.pdf, last modified December 2023Partnership Return
CAUTION: This tax return must be filed electronically. Paper versions of this return will not be accepted. If you have questions about filing electronically, contact us at 617-887-6367. See https://www.mass.gov/info-details/dor-e-filing-and-paymentrequirements for further information about our electronic filing and payment requirements. Fill out in black ink. 2023 Massachusetts Department of Revenue Form 3 Partnership Return of Income Tax year beginning Calendar year filers enter 01–01–2023 and 12–31–2023 below; fiscal year filers enter appropriate dates MM D D Y Y Y Y MM D D Y Y Y Y Tax year ending NAME OF PARTNERSHIP FEDERAL IDENTIFICATION NUMBER (FID) MAILING ADDRESS CITY/TOWN/POST OFFICE STATE ZIP + 4 C/O ADDRESS CITY/TOWN/POST OFFICE STATE ZIP + 4 A. PRINCIPAL BUSINESS ACTIVITY B. PRINCIPAL PRODUCT OR SERVICE Cash te Accrual Federal BBA Audit Assessment in current tax year n. Enclosing Schedule TDS Common-trust fund e Enclosing Schedule FCI Other_________________________________________________________ tb G. Accounting method (fill in one) Name change Amended return due to IRS BBA Partnership Audit Fi Federal amendment Enclosing Schedule DRE E- Amended return Final return 0 0 E. TOTAL ASSETS ac Initial return le F. Reason for filing (fill in all that apply; see instructions) MM D D Y Y Y Y at io D. DATE BUSINESS STARTED O C. BUSINESS CODE NUMBER ce p nl y. d. C/O NAME fo r no m H. How many Schedules 3K-1 are attached to this return? (Attach one Schedule 3K-1 for each person who was a partner at any time during tax year). . . . . . . . . . . . . Note: Partnerships must file electronically. See TIR 21-9 for more information. in ill I. Fill in if you are a member of a lower-tier. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . w J. Fill in if this partnership is an investment partnership as defined in the Pass-Through Entity Withholding Reg., 830 CMR 62B.2.2(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . rn s or e K. Fill in if this partnership elected out of the federal centralized partnership audit regime this tax year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . et u m L. Number of employees in Massachusetts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . rr fo r M. Number of employees worldwide . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -9 Pa pe N. Annual Voluntary Election: Pass-through entity has elected to pay tax at the entity level pursuant to MGL ch 63D (this election is irrevocable). . . . . . . . . . . . . . . . . . . . 0 0 Grouped activities for IRC § 469 passive activity purposes PART 1. MASSACHUSETTS INFORMATION 0 0 Gross income. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 -9 Fill in if this partnership is engaged exclusively in buying, selling, dealing in or holding securities on its own behalf and not as a broker. . . . . . . . . . . . . . . . . . . . . . 16 Fill in if this partnership is organized as a Limited Liability Company and treated as a partnership for federal income tax purposes. . . . . . . . . . . . . . . . . . . . . . . . . . . Fill in if this partnership is a publicly traded partnership as defined in IRC § 469(k)2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . s Fill in if there has been a sale or transfer or liquidation of a partnership interest during the period reported on this return. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R 1 2 3 4 5 Aggregated activities for IRC § 465 at-risk purposes an d O. Fill in if this partnership (choose all that apply): 21 Total amount paid. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . DATE / / PRINT PAID PREPARER’S NAME PAID PREPARER’S PTIN PAID PREPARER’S PHONE PAID PREPARER’S EIN Se e SIGNATURE OF GENERAL PARTNER TI DECLARATION. Under penalties of perjury, I declare that to the best of my knowledge and belief this return and enclosures are true, correct and complete. TITLE MAY DOR DISCUSS THIS RETURN WITH THE PREPARER? DATE / / PAID PREPARER’S SIGNATURE Yes NAME OF DESIGNATED TAX MATTERS PARTNER IDENTIFYING NUMBER OF TAX MATTERS PARTNER DATE / / IS PAID PREPARER SELF-EMPLOYED? Yes 2023 FORM 3, PAGE 2 NAME OF PARTNERSHIP FEDERAL IDENTIFICATION NUMBER 6 Income apportionment percentage (from line 46 of Income Apportionment Schedule, or 100%, whichever applies). . . . . . . . . . . . . . . 6 7 Fill in if any partners in this partnership file as part of a nonresident composite income tax return. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If filled in, enter Federal Identification number under which the composite return is filed . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Number of partners included in composite return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 Fill in if this partnership is under audit by the IRS, or has been audited in a prior year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 0 9 Withholding amount. Add all Schedules 3K-1, line 37. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 0 0 11 Credit for amounts withheld by lower-tier entities. Add all Schedules 3K-1, line 39 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 0 0 0 0 le O 12 Payments made with a composite filing by lower-tier entities. Add all Schedules 3K-1, line 40. . . . . . . . . . . . . . . . . . . . . 12 Fi ac MASSACHUSETTS ORDINARY INCOME OR LOSS IF A LOSS, MARK AN X IN BOX 0 0 at io e E- 13 Ordinary income or loss (from U.S. Form 1065, line 23). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 0 0 tb 14 Other income or loss (from U.S. Form 1065, Schedule K, line 11) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 0 0 no m 15 State, local and foreign income and unincorporated business taxes or excises. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 fo r 0 0 in ill 16 Subtotal. Add lines 13 through 15. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 b. Line number Amount 0 0 Total adjustments 19 fo r 0 0 -9 Amount 0 0 0 0 m rn s rr a. Line number Pa pe et u 19 Adjustments (if any) to line 18. Enter the applicable line number from U.S. Form 1065 and the amount of the adjustment. or e w 17 IRC § 1231 gains or losses included in line 16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 18 Subtotal. Subtract line 17 from line 16. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 0 0 0 0 21 Net income or loss from rental real estate activities (from U.S. Form 1065, Schedule K, line 2) . . . . . . . . . . . . . . . . 21 0 0 an d 21 20 Massachusetts ordinary income or loss. Combine lines 18 and 19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 a. Line number Amount 0 0 b. Line number Amount 0 0 -9 22 Adjustments (if any) to line 21. Enter the applicable line number from U.S. Form 8825 and the amount of the adjustment. 0 0 23 Adjusted Massachusetts net income or loss from rental real estate activities. Combine lines 21 and 22. . . . . . . . . . 23 0 0 24 Net income or loss from other rental activities (from U.S. Form 1065, Schedule K, line 3c) . . . . . . . . . . . . . . . . . . . 24 0 0 16 Total adjustments 22 TI R s a. Line number Amount b. Line number Amount Se e 25 Adjustments (if any) to line 24. Enter the applicable line number from U.S. Form 1065 and the amount of the adjustment. 0 0 0 0 Total adjustments 25 0 0 26 Adjusted Massachusetts net income or loss from other rental activities. Combine lines 24 and 25. . . . . . . . . . . . . . 26 0 0 n. ce p te nl y. d. 10 Payments made with composite return. Add all Schedules 3K-1, line 38. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 2023 FORM 3, PAGE 3 NAME OF PARTNERSHIP FEDERAL IDENTIFICATION NUMBER 0 0 28 Interest on U.S. debt obligations included in line 27. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 0 0 29 5.0% interest from Massachusetts banks included in line 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 0 0 30 Interest (other than Massachusetts bank interest) and dividend income included in line 27 . . . . . . . . . . . . . . . . . . . . . . . 30 0 0 31 Non-Massachusetts state and municipal bond interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 0 0 0 0 d. 27 U.S. interest, dividend and royalty income, not including capital gains (from U.S. Form 1065, Schedule K, lines 5, 6a and 7). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 nl y. U.S. INTEREST, DIVIDEND AND ROYALTY INCOME O ce p te 32 Royalty income included in line 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 MASSACHUSETTS CAPITAL GAINS AND LOSSES IF A LOSS, MARK AN X IN BOX 0 0 34 Total short-term capital losses included in U.S. Form 1065, Schedule D, line 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 0 0 n. at io e E- Fi ac le 33 Total short-term capital gains included in U.S. Form 1065, Schedule D, line 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33 35 Gain on the sale, exchange or involuntary conversion of property used in a trade or business and held for one year or less (from U.S. Form 4797). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 no m tb 0 0 in ill fo r 36 Loss on the sale, exchange or involuntary conversion of property used in a trade or business and held for one year or less (from U.S. Form 4797). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 rn s 38 Long-term IRC § 1231 gains or losses not included in line 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 et u m 39 Long-term gains on collectibles and pre-1996 installment sales included in line 37. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 or e w 37 Net long-term capital gain or loss (from U.S. Form 1065, Schedule K, line 9a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 0 0 0 0 0 0 0 0 0 0 -9 Amount Total adjustments 40 -9 an d 16 s R b. Line number 0 0 TI Amount e Se a. Line number Pa pe 21 rr fo r 40 Adjustments to lines 33 through 39, including any gain or loss from Massachusetts fiduciaries. Enter the line number and amount from U.S. Form 1065 to which the adjustment applies. 0 0 2023 FORM 3, PAGE 4 NAME OF PARTNERSHIP FEDERAL IDENTIFICATION NUMBER Income Apportionment Schedule 41 Complete the Income Apportionment Schedule only if: there is one or more corporate or nonresident individual partners; income was derived from business activities in another state; and such activities provide that state with the jurisdiction to levy an income tax or a franchise tax. BUSINESS LOCATIONS OUTSIDE OF MASSACHUSETTS ACCEPTS ORDERS REGISTERED TO DO BUSINESS IN STATE d. le O ce p te Fi ac e E- n. nl y. no 42 Tangible property m tb APPORTIONMENT FACTORS Worldwide b. Property rented (capitalized). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Massachusetts Worldwide c. Total property owned and rented. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Massachusetts Worldwide w rn s or e ill a. Property owned (averaged). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Massachusetts rr fo r et u m d. Tangible property apportionment percentage. Divide Massachusetts total by worldwide total (from line 42c) . . . . . . . . . . . . . . . . 42d 43 Payroll Worldwide -9 Pa pe a. Total payroll. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Massachusetts Worldwide b. Services (including mutual fund sales) . . . . . . . . . . . . . . . . . . . . . . . . Massachusetts Worldwide c. Rents and royalties. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Massachusetts Worldwide d. Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Massachusetts Worldwide Worldwide R s 16 -9 a. Tangibles. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Massachusetts an d 21 b. Payroll apportionment percentage. Divide Massachusetts total payroll by worldwide total payroll (from line 43a). . . . . . . . . . . . . 43b 44 Sales FILES RETURNS IN STATE at io SPECIFY WHETHER FACTORY, SALES OFFICE, WAREHOUSE, CONSTRUCTION SITE, ETC. TI e. Total sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Massachusetts e f. Sales apportionment percentage. Divide Massachusetts total sales by worldwide total sales (from line 44e). . . . . . . . . . . . . . . . . . 44f 45 Apportionment percentage. Add lines 42d, 43b and (44f × 2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 Se fo r CITY AND STATE in 46 Massachusetts apportionment percentage. Divide line 45 by 4. Note: If an apportionment factor is inapplicable, divide by the number of times each applicable factor is used (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 2023 FORM 3, PAGE 5 NAME OF PARTNERSHIP FEDERAL IDENTIFICATION NUMBER PARTNERSHIP CREDITS 47 Credits available a. Taxes due to another jurisdiction (full-year residents and part-year residents only). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47a b. Other credits (from Schedule CMS). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47b 0 0 48 Credit recapture (from Schedule CRS). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 MISCELLANEOUS FEDERAL INFORMATION 0 0 49 Gross receipts or sales (from Part 2, Federal Information, line 1a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 0 0 51 Bad debts (from Part 2, Federal Information, line 12). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 0 0 52 Interest (from Part 2, Federal Information, line 15). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52 0 0 ac le O ce p te nl y. d. 50 Total income or loss (from Part 2, Federal Information, line 8). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 n. at io e E- Fi 53 Fill in if during the tax year the partnership had any debt that was cancelled, was forgiven, or had the terms modified so as to reduce the principal amount of the debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . tb 0 0 Se e TI R s 16 -9 an d 21 -9 Pa pe rr fo r et u m rn s or e w in ill fo r no m 54 Investment interest expense (from Part 2, Federal Information, line 51b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54 2023 FORM 3, PAGE 6 NAME OF PARTNERSHIP FEDERAL IDENTIFICATION NUMBER Part 2. Federal Information Income. From U.S. Form 1065. Fill in oval if showing a loss Note: Include only trade or business income and expenses on lines 1a through 22. See instructions. 1a Gross receipts or sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a 1b Returns and allowances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b 1c Total. Subtract line 1b from line 1a. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1c 2 Cost of goods sold (attach U.S. Form 1125-A). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Gross profit. Subtract line 2 from line 1c. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 4 Ordinary income or loss from other partnerships, estates and trusts (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5 Net farm profit or loss (from U.S. Form 1040, Schedule F). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 nl y. d. 6 Net gain or loss (from U.S. Form 4797, Part II, line 17; attach U.S. Form 4797). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 ce p te 7 Other income or loss (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Deductions. le O 8 Total income or loss. Combine lines 3 through 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 n. at io e E- Fi ac From U.S. Form 1065. See instructions for limitations. 9 Salaries and wages (other than to partners; less employment credits). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 tb 10 Guaranteed payments to partners. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 w 13 Rent. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 rn s m 15 Interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 et u 16a Depreciation (from U.S. Form 4562). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16a rr fo r 16b Less depreciation reported on U.S. Form 1125-A and elsewhere on return . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16b -9 Pa pe 16c Total. Subtract line 16b from line 16a. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16c 21 17 Depletion (do not deduct oil and gas depletion) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 an d 18 Retirement plans, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 19 Employee benefit programs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 -9 20 Energy efficient commercial buildings deduction (enclose U.S. Form 7205). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 16 21 Other deductions (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 22 Total deductions. Add lines 9 through 21 (do not include lines 16a and 16b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 e TI R s 23 Ordinary business income or loss. Subtract line 22 from line 8 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 Se m or e 14 Taxes and licenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 fo r ill 12 Bad debts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 in no 11 Repairs and maintenance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 2023 FORM 3, PAGE 7 NAME OF PARTNERSHIP FEDERAL IDENTIFICATION NUMBER Part 2. Federal Information (cont’d.) Cost of goods sold. From U.S. Form 1125-A (see instructions). 24 Inventory at beginning of year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 25 Purchases less cost of items withdrawn for personal use . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 26 Cost of labor. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 27 Additional IRC § 263A costs (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 28 Other costs (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 29 Total. Add lines 24 through 28. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 30 Inventory at end of year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 nl y. d. 31 Cost of goods sold. Subtract line 30 from line 29. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 Other information. n. at io e E- Fi ac le O ce p te From U.S. Form 1065, Schedule B. 32 Type of entity filing this return (fill in one): Domestic limited partnership Domestic general partnership Domestic limited liability company Domestic limited liability partnership Foreign partnership REIT Other (specify)____________________________________________________________________________________________________________________ m tb 33 Fill in if at any time during the tax year any partner in the partnership was a disregarded entity, a partnership (including an entity treated as a partnership), a trust, an S corporation, an estate (other than an estate of a deceased partner) or a nominee or similar person. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . fo r no 34 Fill in if this partnership is a publicly traded partnership as defined in IRC § 469(k)(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . in ill 35 Fill in if during the tax year the partnership had any debt that was cancelled, was forgiven, or had the terms modified so as to reduce the p rincipal amount of the debt . . . . . . . . . . . . . . or e w 36 Fill in if the partnership is making, or had previously made (and not revoked), an IRC § 754 election (see instructions for details regarding an IRC §754 election.). . . . . . . . . . . . . . . . . m rn s 37 Fill in if the partnership made for this tax year an optional basis adjustment under IRC § 743(b) or 734(b). If Yes, attach a statement showing the computation and allocation of the basis adjustment (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . rr fo r et u 38 Fill in if during the current or prior tax year the partnership engaged in a like-kind exchange or distributed any property received in a like-kind exchange, or contributed such property to another entity (other than entities wholly-owned by the partnership throughout the tax year) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pa pe Partners’ Distributive Share Items. From U.S. Form 1065, Schedule K. -9 Income or loss Fill in oval if showing a loss 21 39 Ordinary business income or loss. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 an d 40 Net rental real estate income or loss (from U.S. Form 8825). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 41a Other gross rental income or loss. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41a -9 41b Expenses from other rental activities (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41b 16 41c Other net rental income or loss. Subtract line 41b from line 41a . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41c s 42 Total guaranteed payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 R 43 Interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 TI 44a Ordinary dividends. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44a Se e 44b Qualified dividends. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44b 45 Royalties. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 46 Net short-term capital gain or loss (from U.S. Form 1065, Schedule D). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 2023 FORM 3, PAGE 8 NAME OF PARTNERSHIP FEDERAL IDENTIFICATION NUMBER Partners’ Distributive Share Items (cont’d.) Fill in oval if showing a loss 47a Net long-term capital gain or loss (from U.S. Form 1065, Schedule D). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47a 47b Collectibles (28%) gain or loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47b 47c Unrecaptured IRC § 1250 gain (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47c 48 Net IRC § 1231 gain or loss (from U.S. Form 4797). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 49 Other income or loss (see instructions). Type_____________________________________________________________________ 49 Deductions 50 IRC § 179 deduction (from U.S. Form 4562). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 51a Cash and noncash contributions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .51a nl y. d. 51b Investment interest expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51b te 51c IRC §59(e)(2) expenditures. Type___________________________________________________________________________ 51c n. Fi Other information ac le O ce p 51d Other deductions (see instructions). Type_____________________________________________________________________ 51d at io e E- 52a Tax-exempt interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52a 52b Other tax-exempt income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52b tb w ill 53b Distributions of other property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53b rn s m or e 54a Investment income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54a fo r 53a Distributions of cash and marketable securities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53a in no 52c Nondeductible expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52c m 54b Investment expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54b fo r et u 54c Other items and amounts (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54c rr Analysis of Net Income or Loss 21 -9 Pa pe 5 Net income or loss. Combine U.S. Form 1065, Schedule K, lines 1 through 11. From the result, subtract the 5 sum of U.S. Form 1065, Schedule K, lines 12 through 13e, and 21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 an d Individual Individual Exempt Nominee/ 56 Analysis by partner type Corporate (active) (passive) Partnership organization other a General partners. . . . . . . . . . . Se e TI R s 16 -9 b Limited partners. . . . . . . . . . . 2023 FORM 3, PAGE 9 NAME OF PARTNERSHIP FEDERAL IDENTIFICATION NUMBER Balance sheets per books – Beginning of tax year – From U.S. Form 1065, Schedule L. – End of tax year – a. b. c. d. Assets 57 Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58a Trade notes and accounts receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57b Less allowance for bad debts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 Inventories. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 U.S. government obligations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 61 Tax-exempt securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . d. 62 Other current assets (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . te nl y. 63a Loans to partners (or persons related to partners) . . . . . . . . . . . . . . . . . . . . . . O ce p 62b Mortgage and real estate loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . le 64 Other investments (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . n. e m fo r no ill 67 Land (net of any amortization). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . tb 66a Depletable assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65b Less accumulated depletion. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . at io Fi b Less accumulated depreciation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E- ac 65a Buildings and other depreciable assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . w in 68a Intangible assets (amortizable only). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . rn s or e 67b Less accumulated amortization. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . et u m 69 Other assets (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . a. b. c. d. rr Liabilities and capital fo r 70 Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -9 Pa pe 71 Accounts payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 72 Mortgages, notes, bonds payable in less than one year. . . . . . . . . . . . . . . . . . . . an d 73 Other current liabilities (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74 All nonrecourse loans. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . s 76 Other liabilities (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 74b Mortgages, notes, bonds payable in one year or more. . . . . . . . . . . . . . . . . . . -9 75a Loans from partners (or persons related to partners) . . . . . . . . . . . . . . . . . . . . R 77 Partners’ capital accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Se e TI 78 Total liabilities and capital. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2023 FORM 3, PAGE 10 NAME OF PARTNERSHIP FEDERAL IDENTIFICATION NUMBER Reconciliation of income or loss per books with income or loss per return From U.S. Form 1065, Schedule M-1. Note: If filing U.S. Form 1065, Schedule M-3, you still must complete this section. Fill in oval if showing a loss 79 Net income or loss per books . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 80 Income included in Schedule K, lines 1, 2, 3c, 5, 6a, 7, 8, 9a, 10 and 11, not recorded on books this year (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 81 Guaranteed payments (other than health insurance) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 81 82 Expenses recorded on books this year not included in Schedule K, lines 1 through 13e and 21 (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . 82 a Depreciation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82a b Travel and entertainment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 82b d. 83 Add lines 79 through 82 (do not include lines 82a and 82b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 83 te ce p a Federally tax-exempt interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84a O nl y. 84 Income recorded on books this year not included in Schedule K, lines 1 through 11 (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84 ac n. at io Fi a Depreciation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85a E- le 85 Deductions included in Schedule K, lines 1 through 13e and 21, not charged against book income this year (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 tb e 86 Add lines 84 and 85 (do not include lines 84a and 85a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86 w ill 88 Balance as of beginning of year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 88 rn s b Capital contributed: property. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .89b et u m 90 Net income or loss per books . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90 rr fo r 91 Other increases (attach statement). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 91 -9 Pa pe 92 Add lines 88 through 91 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 92 21 93a Distributions: cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93a b Distributions: property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93b an d 94 Other decreases (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 94 -9 95 Add lines 93a, 93b and 94. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95 e TI R s 16 96 Balance at end of year. Subtract line 95 from line 92. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96 Se m or e 89a Capital contributed: cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 89a fo r Analysis of partners’ capital accounts. From U.S. Form 1065, Schedule M-2. in no 87 Income or loss. Subtract line 86 from line 83 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87
Form 3
More about the Massachusetts Form 3 Corporate Income Tax Tax Credit TY 2023
We last updated the Partnership Return in January 2024, so this is the latest version of Form 3, fully updated for tax year 2023. You can download or print current or past-year PDFs of Form 3 directly from TaxFormFinder. You can print other Massachusetts tax forms here.
Related Massachusetts Corporate Income Tax Forms:
TaxFormFinder has an additional 126 Massachusetts income tax forms that you may need, plus all federal income tax forms. These related forms may also be needed with the Massachusetts Form 3.
| Form Code | Form Name |
|---|---|
| Form 355-7004 | Corporate Extension Worksheet |
| Schedule 3K-1 | Partner's Distributive Share |
| Form 355 | Massachusetts Business or Manufacturing Corporation |
| Form M-8453 | Individual Income Tax Declaration for Electronic Filing |
| Form 355RD-2019 | Statement Relating to Research and Development |
| Form 355-ES-2019 | Corporate Estimated Tax Payment Vouchers |
| Form 355S | Massachusetts S Corporation Excise Return |
| Form 355SBC | Small Business Corporation Excise Return |
| Form M-3 | Reconciliation of Massachusetts Income Taxes Withheld for Employers |
| Form 355-PV | Massachusetts Corporate Payment Voucher |
View all 127 Massachusetts Income Tax Forms
Form Sources:
Massachusetts usually releases forms for the current tax year between January and April. We last updated Massachusetts Form 3 from the Department of Revenue in January 2024.
Form 3 is a Massachusetts Corporate Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Massachusetts Form 3
We have a total of twelve past-year versions of Form 3 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
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