TaxFormFinder
Massachusetts Corporation Distributive Income
Extracted from PDF file 2023-massachusetts-schedule-s.pdf, last modified February 2023Corporation Distributive Income
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. 2023 SCHEDULE S, PAGE 1 CORPORATION NAME FEDERAL IDENTIFICATION NUMBER Schedule S S Corporation Distributive Income 2023 CLASSIFICATION INFORMATION Gross receipts or sales (from U.S. Form 1120S, line 1c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 2 Net gain. Not less than “0” (from U.S. Form 1120S, line 4). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 Gross income from rental real estate activity (from U.S. Form 8825, line 18a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 4 Gross income from other rental activity (from U.S. Form 1120S, Schedule K, line 3a). . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5 Interest income (from U.S. Form 1120S, Schedule K, line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 Dividend income (from U.S. Form 1120S, Schedule K, line 5a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 7 Royalty income (from U.S. Form 1120S, Schedule K, line 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 8 Net short-term capital gain. Not less than “0” (from U.S. Form 1120S, Schedule K, line 7). . . . . . . . . . . . . . . . . . . . . . . 8 9 Net long-term capital gain. Not less than “0” (from U.S. Form 1120S, Schedule K, line 8a). . . . . . . . . . . . . . . . . . . . . . . 9 10 Net gain under the provisions of Section 1231. Not less than “0” (from U.S. Form 1120S, Sched. K, line 9) . . . . . . . 10 11 Other income. Not less than “0”. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 12 Add lines 1 through 11. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 n. at io m fo r no tb e E- Fi le O ac ce p nl y. te d. 1 w in ill S corporations sharing common ownership and engaged in a unitary business with one or more entities, complete lines 13 through 16. All other corporations, skip to line 17. Receipts from inter-company transactions included in lines 1 through 11. See instructions . . . . . . . . . . . . . . . . . . . . 13 14 Total receipts excluding receipts from intercompany transactions. Subtract line 13 from line 12. . . . . . . . . . . . . . . . . 14 15 Total aggregated receipts of all other related entities. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 16 Add lines 14 and 15 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 17 Enter amount from line 12 or 16, whichever is applicable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Pa p 21 -9 er fo r re m tu r ns or e 13 d S CORPORATION INFORMATION MM D D Y Y Y Y S-election effective date.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 19 Accounting method (fill in one). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 How many Schedules SK-1 are attached to this return? Attach one for each person who was a shareholder at any time during the tax year .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 21 Fill in if any shareholders in this S corporation file as part of a nonresident composite income tax return. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . an 18 Accural Other________________________________ TI R s 16 -9 Cash e 22a If line 21 is filled in, enter Federal Identification number under which the composite return is filed. . . . . . . 22a 23 Se 22b Number of shareholders included in composite return. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22b Annual Voluntary Election- Pass-through entity has elected to pay tax at the entity level pursuant to MGL ch 63D (this election is irrevocable). . . . . 23a Total amount paid. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23a FEDERAL IDENTIFICATION NUMBER 2023 SCHEDULE S, PAGE 2 S CORPORATION INCOME If a loss, mark an X in box at left Ordinary business income or loss (from U.S. Form 1120S, line 21). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 25 Other income or loss (from U.S. Form 1120S, Schedule K, line 10). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 26 Foreign, state or local income, franchise, excise or capital stock taxes deducted from U.S. net income . . . . . . . . . . . . 26 27 Subtotal. Add lines 24 through 26. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 28 Other Massachusetts gains or losses. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 29 Subtotal. Subtract line 28 from line 27. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 30 Other adjustments, if any. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 31 Massachusetts ordinary income or loss. Add lines 29 and 30. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 32 Net income or loss from rental real estate activity (from U.S. Form 1120S, Schedule K, line 2). . . . . . . . . . . . . . 32 33 Adjustments (if any) to line 32. Enter the line number and amount from U.S. Form 1120S to which the adjustment applies. See instructions. 0 0 Adjusted Mass. net income or loss from rental real estate activities. Combine lines 32 and 33. . . . . . . . . 34 35 Net income or loss from other rental real estate activity (from U.S. Form 1120S, Schedule K, line 3c). . . . . . . . 35 36 Adjustments (if any) to line 35. Enter the line number and amount from U.S. Form 1120S to which the adjustment applies. See instructions. Total adjustments . . . . . . . . 36 or 0 0 e 0 0 fo rm . Amount w b. Line number ur ns Amount in ill fo no rm 34 a. Line number Adjusted Mass. net income or loss from other rental real estate activities. Combine lines 35 and 36. . . . . 37 38 U.S. portfolio income, excluding capital gains (from U.S. Form 1120S, Schedule K, lines 4, 5a and 6). . . . . . . . . . . . . 38 39 Interest on U.S. obligations included in line 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 40 5.0% interest included in line 38. Enclose statement listing sources and amounts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 41 Other interest and dividend income included in line 38. Enclose statement listing sources and amounts . . . . . . . . . . . 41 42 Non-Massachusetts state and municipal bond interest. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 43 Royalty income included in line 38. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 44 Other income included in line 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 45 Total short-term capital gains included in U.S. Form 1120S, Schedule D, line 7. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45 46 Total short-term capital losses included in U.S. Form 1120S, Schedule D, line 7. . . . . . . . . . . . . . . . . . . . . . . . . 46 Se e TI R s 16 - 9 an d 21 Pa p -9 er re t 37 47 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). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 48 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). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48 n. 0 0 Total adjustments . . . . . . . . 33 tb E- 0 0 at io . Amount e b. Line number 0 0 le Amount Fi a. Line number ac ce p O nl te y. d. 24 0 0 0 0 2023 SCHEDULE S, PAGE 3 CORPORATION NAME FEDERAL IDENTIFICATION NUMBER S CORPORATION INCOME (cont’d) 49 Net long-term capital gain or loss (from U.S. Form 1120S, Schedule D, line 15). . . . . . . . . . . . . . . . . . . . . . . . . 49 50 Net gain or loss under the provisions of Section 1231 (from U.S. Form 1120S, Sched. K, line 9). . . . . . . . . . . . 50 51 Other long-term gains or losses. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51 52 Long-term gains on collectibles included in line 49. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52 53 Differences and adjustments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53 RESIDENT AND NONRESIDENT RECONCILIATION y. d. S corporations owned by a nonresident shareholder(s) and with income derived from business activities in another state, and which activities O nl te provide that state with the power to levy an income tax or a franchise tax, complete Schedule F, Income Apportionment, and then lines 54–57. 54 ac ce p Nonresident shareholder value. Enter the nonresident shareholder portion of the amounts from the following Schedule S lines. n. Fi le a. Line 31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54a at io e E- b. Line 34. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54b rm tb c. Line 37. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54c or ur ns e f. Line 42. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54f fo rm g. Line 43. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54g re t h. Line 44. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54h -9 er i. Line 45. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54i 21 Pa p j. Line 46. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54j an d k. Line 47. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .54k l. Line 48. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54l 16 - 9 m. Line 49 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54m n. Line 50. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54n R s o. Line 51. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54o TI p. Line 52. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54p e q. Line 53. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54q Se in w ill e. Line 41. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .54e fo no d. Line 40. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54d FEDERAL IDENTIFICATION NUMBER 2023 SCHEDULE S, PAGE 4 55 Nonresident taxable income. Multiply the amounts from lines 54a through 54q by the apportionment percentage on Schedule F, line 5. a. Line 54a times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55a b. Line 54b times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55b c. Line 54c times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55c d. Line 54d times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55d e. Line 54e times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55e f. Line 54f times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55f g. Line 54g times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55g O nl te y. d. h. Line 54h times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55h ac ce p i. Line 54i times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55i le j. Line 54j times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55j n. at io e E- Fi k. Line 54k times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55k tb l. Line 54l times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55l no rm m. Line 54m times apportionment percentage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55m in ill fo n. Line 54n times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55n fo rm or p. Line 54p times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55p e TI R s 16 - 9 an d 21 Pa p -9 er re t q. Line 54q times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55q Se e ur ns w o. Line 54o times apportionment percentage. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55o 2023 SCHEDULE S, PAGE 5 CORPORATION NAME FEDERAL IDENTIFICATION NUMBER 56 Resident shareholder value. Enter the resident shareholder portion of the amounts from the following Schedule S lines. a. Line 31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56a b. Line 34. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56b c. Line 37. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56c d. Line 40. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56d e. Line 41. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .56e y. d. f. Line 42. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56f O nl te g. Line 43. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56g ac ce p h. Line 44. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56h n. Fi le i. Line 45. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56i at io e E- j. Line 46. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56j no rm tb k. Line 47. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .56k fo l. Line 48. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56l or ur ns n. Line 50. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56n e w in ill m. Line 49 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56m fo rm o. Line 51. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56o re t p. Line 52. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56p Se e TI R s 16 - 9 an d 21 Pa p -9 er q. Line 53. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56q FEDERAL IDENTIFICATION NUMBER 2023 SCHEDULE S, PAGE 6 57 Apportioned Massachusetts total. Add the amounts from lines 55a through 55q to the corresponding amounts from lines 56a through 56q. a. Line 55a plus line 56a. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57a b. Line 55b plus line 56b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57b c. Line 55c plus line 56c.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57c d. Line 55d plus line 56d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57d e. Line 55e plus line 56e. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57e f. Line 55f plus line 56f. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57f g. Line 55g plus line 56g . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57g O nl te y. d. h. Line 55h plus line 56h . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57h ac ce p i. Line 55i plus line 56i. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57i le j. Line 55j plus line 56j. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57j n. at io e E- Fi k. Line 55k plus line 56k.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .57k tb l. Line 55l plus line 56l. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57l no rm m. Line 55m plus line 56m. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57m in ill fo n. Line 55n plus line 56n . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57n fo rm or p. Line 55p plus line 56p . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57p e TI R s 16 - 9 an d 21 Pa p -9 er re t q. Line 55q plus line 56q . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57q Se e ur ns w o. Line 55o plus line 56o . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57o 2023 SCHEDULE S, PAGE 7 CORPORATION NAME FEDERAL IDENTIFICATION NUMBER SHAREHOLDER INFORMATION Fill in if attaching additional page(s) to include additional taxpayers. NON- RESIDENT OTHER or fo rm -9 21 an d 9 16 - s e TI R Se e w re t ur ns Fi er at io rm fo in le te ac ce p e tb no ill O nl E- y. NAME OF SHAREHOLDER (last, first) d. SOCIAL SECURITY OR FEDERAL IDENTIFICATION NUMBER RESIDENT Pa p n. List all resident, nonresident and other shareholders.
Schedule S
More about the Massachusetts Schedule S Corporate Income Tax Tax Credit TY 2023
We last updated the Corporation Distributive Income in January 2024, so this is the latest version of Schedule S, fully updated for tax year 2023. You can download or print current or past-year PDFs of Schedule S 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 Schedule S.
| Form Code | Form Name |
|---|---|
| Schedule SC | Septic Credit |
| Schedule SK-1 | Shareholder's Massachusetts Information |
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 S from the Department of Revenue in January 2024.
Schedule S 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 Schedule S
We have a total of thirteen past-year versions of Schedule S in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2011 Schedule S
sch. S
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