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Massachusetts Estate, Trust, REMIC, and Farm Income
Extracted from PDF file 2023-massachusetts-schedule-e-3.pdf, last modified October 2023Estate, Trust, REMIC, and Farm Income
Massachusetts Department of Revenue Schedule E-3 Estate, Trust, REMIC and Farm Income and (Loss) 2023 Form 1 and Form 1-NR/PY filers must use Schedule E-3 to report income and loss from estates, trusts, REMICs and farms. Separate Schedule(s) E-3 must be filed for each individual entity. Name Social Security number 1 2 3 4 5 6 7 8 9 Jon Snow Name of entity Fill in one only: ● Estate/trust ● REMIC ● Farm Federal Identification number Enter amount of 90% refundable PTE Excise Credit claimed from the Massachusetts K-1 issued by this entity (see Schedule E instructions): Income or (loss) from Estates and Trusts 1 Passive deduction or (loss) allowed. (Enter as positive amount.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 Passive income (from U.S. Schedule K-1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Deduction or (loss) (from U.S. Schedule K-1). (Enter as positive amount.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 4 Other income (from U.S. Schedule K-1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5 Combine lines 2 and 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 Combine lines 1 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 7 Estate and trust income or (loss). Combine lines 5 and 6. (Enter loss as negative amount.). . . . . . . . . . . . . . . . . . . . . . . . . 7 8 Estate or non-grantor type income taxed from Form 2, if included on line 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 9 Grantor type trust and non-Massachusetts estate and trust income or (loss). Subtract line 8 from line 7. (Enter loss as negative amount.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 10 Interest (other than from Massachusetts banks) and dividends if included in line 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 11 Adjustments to 5.0% income. Enclose statement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 12 Subtotal. Combine lines 10 and 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 13 Income or (loss) from grantor-type trusts and non-Massachusetts estates and trusts. Subtract line 12 from line 9. (Enter loss as negative amount.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Income or Loss from Real Estate Mortgage Investment Conduits (REMICs) 14 Excess inclusion (from U.S. Schedule Q, line 2c). Not less than 0. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 15 Taxable income or net (loss) (from U.S. Schedule Q, line 1b). (Enter loss as negative amount.). . . . . . . . . . . . . . . . . . . . . 15 16 Income (from U.S. Schedule Q, line 3b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 17 Combine lines 15 and 16. (Enter loss as negative amount.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Farm Income 18 Net farm rental income or (loss) (from U.S. Form 4835). (Enter loss as negative amount.). . . . . . . . . . . . . . . . . . . . . . . . . 18 Fill in oval if showing a loss
Schedule E-3
More about the Massachusetts Schedule E-3 Individual Income Tax TY 2023
We last updated the Estate, Trust, REMIC, and Farm Income in January 2024, so this is the latest version of Schedule E-3, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule E-3 directly from TaxFormFinder. You can print other Massachusetts tax forms here.
Related Massachusetts Individual 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 Schedule E-3.
| Form Code | Form Name |
|---|---|
| Schedule EC | Solar and Wind Energy Credit |
| Schedule E-1 | Rental Real Estate and Royalty Income and Loss |
| Schedule EOAC | Economic Opportunity Area Credit |
| Schedule E-2 | Partnership and S Corporation Income and Loss |
| Schedule E Reconciliation | Total Supplemental Income and Loss |
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 Schedule E-3 from the Department of Revenue in January 2024.
About the Individual Income Tax
The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.
Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!
Historical Past-Year Versions of Massachusetts Schedule E-3
We have a total of twelve past-year versions of Schedule E-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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