Fillable Printable Form 355 2013
Fillable Printable Form 355 2013
Form 355 2013
File pg. 1
FOR PRIVACY ACT NOTICE,
SEE INSTRUCTIONS.
PRINT IN BLACK INK
Calendar year filers enter 01-01-2013 and 12-31-2013 below. Fiscal year filers enter appropriate dates.
Tax year beginning 3Tax year ending 3
F
EDERAL IDENTIFICATION NUMBER (FID)
Form355 Business/ManufacturingCorporationExcise Return2013
NAME OF CORPORATION
PRINCIPAL BUSINESS ADDRESSCITY/TOWN/POST OFFICESTATEZIP + 4
P
RINCIPAL BUSINESS ADDRESS IN MASSACHUSETTS (IF DIFFERENT)CITY/TOWN/POST OFFICESTATEZIP + 4
1Is the corporation incorporated within Massachusetts? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Yes No
2Type of corporation (select one, if applicable). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Section 38 manufacturer Mutual fund service
3Type of corporation (select one, if applicable). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3R&DClassified mfg RIC REIT
4Is the corporation filing a Massachusetts unitary return? (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Yes No
5If the answer to question 4 is Yes, does the corporation’s tax year end in a different month than the 355U?. . . . . . . . . . . . . 3Yes No
6Is the corporation an insurance mutual holdingcorporation?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Yes No
7Is the corporation requesting alternative apportionment (enclose Form AA-1)?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Yes No
8Is this a final Massachusetts return?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Yes No
9Principal business code (from U.S. return). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
10FID of principal reporting corporation (if answer to line 4 is Yes). . . . . . . . . . . . . . . . . . . . . . . .310
11Average number of employees in Massachusetts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
12Average number of employees worldwide. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .12
13Date of charter in Massachusetts or first date of business in Massachusetts. . . . . . . . . . . . . . . . . . . . . . . . . 13
14Last year audited by IRS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 314
15Have adjustments been reported to Massachusetts?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No
16Is the corporation deducting intangible or interest expenses paid to a related entity?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Yes No
17Is the taxpayer enclosing a Taxpayer Disclosure Statement?. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3Yes No
18Is the taxpayer claiming exemption from the income measure of the excise pursuant to PL 86-272?. . . . . . . . . . . . . . . . . . 3Yes No
SIGN HERE. Under penalties of perjury,I declare that to the best of my knowledge and belief this return and enclosures are true, correct and complete.
Signature of appropriate officer (see instructions)DatePrint paid preparer’s namePreparer’s SSN
/ /
or PTIN
3
TitleDatePaid preparer’s phonePaid preparer’s
/ /
()EIN
3
Are you signing as an authorized delegate of the appropriatePaid preparer’s signatureDateFill in if self-employed
corporate officer?
(enclose Form M-2848)No
/ /
Taxpayer’s e-mail address
Mail to: Massachusetts Department of Revenue, PO Box 7005,Boston, MA 02204.
File pg. 2
1Taxable Massachusetts tangible property,
if applicable (from Schedule C, line 4). . . . . . 3×.0026 = 31
2T
axable net worth, if applicable (from
Schedule D, line 10). . . . . . . . . . . . . . . . . . . . 3×.0026 = 32
3Massachusetts taxable income (from Schedule E,
line 27). Not less than “0”. . . . . . . . . . . . . . . . . . . . . 3×.0800 = 33
4Credit recapture (enclose Schedule(s) H and/or H-2). See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . 34
5Additional tax on installment sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
6Excise before credits. Add line 1 or 2, whichever applies, to total of lines 3 through 5. . . . . . . . . . . . . . . . 6
7Total credits (from Schedule CR, line 14; unitary filers, see instructions). . . . . . . . . . . . . . . . . . . . . . . . . 37
8Excise after credits. Subtract line 7 from line 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9Combined filers only, enter the amount of tax from Schedule U-ST, line 41. . . . . . . . . . . . . . . . . . . . . . . . . 9
10Minimum excise (cannot be prorated;unitary filers,see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11Excise due before voluntary contribution. (line 8 or 10, whichever is greater). . . . . . . . . . . . . . . . . . . . . . 11
12Voluntary contribution for endangered wildlife conservation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 312
13Excise due plus voluntary contribution. Add lines 11 and 12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 313
142012 overpayment applied to your 2013 estimated tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 314
152013 Massachusetts estimated tax payments (do not include amount in line 14). . . . . . . . . . . . . . . . . 315
16Payment made with extension. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 316
17Pass-through entity withholding (from Schedule 3K-1)
Payer ID number3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 317
18Total refundable credits (from Schedule RF, line 6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 318
19Total payments. Add lines 14 through18. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
20Amount overpaid. Subtract line 13 from line 19. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
21Amount overpaid to be creditedto 2014 estimated tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 321
22Amount overpaid to be refunded. Subtract line 21 from line 20. . . . . . . . . . . . . . . . . . . . . . . . Refund 322
23Balance due. Subtract line 19 from line 13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Balance due 323
24a. M-2220 penalty 3b. Late file/pay penalties. . . . a + b = 24
25Interest on unpaid balance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
26Payment due at time of filing. Make check payable to Commonwealth of Massachusetts. . . Total due 326
2
013 FORM 355,PAGE 2
EXCISE CALCULATION
2
013 FORM 355,PAGE 3
C
ORPORATION NAME
FEDERAL IDENTIFICATION NUMBER
Schedule A Balance Sheet2013
A.B. ACCUMULATED DEPRECIATIONC.
ASSETSORIGINAL COSTAND AMORTIZATIONNET BOOK VALUE
1C
apital assets in Massachusetts:
a.Buildings. . . . . . . . . . . . . . . . . . 31a3
b.Land. . . . . . . . . . . . . . . . . . . . . . 31b
c.Motor vehiclesand trailers. . . . 31c3
d.Machinery taxed locally. . . . . . . 31d3
e.Machinery not taxed locally. . . . . . 1e
f.Equipment. . . . . . . . . . . . . . . . . . . 1f
g.Fixtures. . . . . . . . . . . . . . . . . . . . . 1g
h.Leasehold improvements taxed
locally. . . . . . . . . . . . . . . . . . . . . . . 31h3
i.Leasehold improvements not
taxed locally. . . . . . . . . . . . . . . . . . . . 1i
j.Other fixed depreciable assets . . . . 1j
k.Construction in progress. . . . . . . . 1k
l.Total capital assets in Massachusetts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31l
2Inventories in Massachusetts:
a.General merchandise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a
b.Exempt goods. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32b
3Supplies and other non-depreciable assets in Massachusetts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4Total tangible assetts in Massachusetts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
5Capital assets outside of Massachusetts:
a.Buildings and other depreciable
assets. . . . . . . . . . . . . . . . . . . . . . . . . 5a
b.Land. . . . . . . . . . . . . . . . . . . . . . . . 5b
6Leaseholds/leasehold improvements
outside Massachusetts. . . . . . . . . . . . 6
7Total capital assets outside
Massachusetts. . . . . . . . . . . . . . . . . 373
BE SURE TO CONTINUE SCHEDULE A ON OTHERSIDE
File pg. 4
8Inventories outside Massachusetts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9Supplies and other non-depreciable assets outside Massachusetts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10Total tangible assets outside of Massachusetts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11Total tangible assets.Add lines 4 and 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
12Investments (capital stock investments and equity contributions only):
a.Investments in subsidiary corporations at least 80% owned (enclose Schedule A-1). . . . . . . . . . . . . . 312a
b.Other investments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 312b
13Notes receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14Accounts receivable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
15Intercompany receivables (enclose Schedule A-2). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 315
16Cash. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
17Other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
18Total assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 318
LIABILITIES AND CAPITAL
19Mortgages on:
a.Massachusetts tangible property taxed locally. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19a
b.Other tangible assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19b
20Bonds and other funded debt. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20
21Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
22Intercompany payables (enclose Schedule A-3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 322
23Notes payable. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
24Miscellaneous current liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
25Miscellaneous accrued liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25
26Total liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 326
27Total capital stock issued . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
28Paid-in or capital surplus. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28
29Retained earnings and surplus reserves. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 329
30Undistributed S corporation net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330
31Total capital. Add lines 27 through 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
32Treasury stock. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
33Total liabilities and capital. Do not enter less than “0”. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
FEDERAL IDENTIFICATION NUMBER
2013 FORM 355, PAGE 4
5
If a loss, mark an X in box at left
2
013 FORM 355,PAGE 5
C
ORPORATION NAME
FEDERAL IDENTIFICATION NUMBER
Schedule B TangibleorIntangibleProperty Corporation Classification2013
Enter all values as net book values from Schedule A, col. c.
1T
otal Massachusetts tangible property (from Schedule A, line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2Massachusetts real estate (from Schedule A, lines 1a and 1b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3Massachusetts motor vehicles and trailers (from Schedule A, line 1c). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4Massachusetts machinery taxed locally. Classified manufacturers enter “0” (from Schedule A, line 1d). . . . . . 4
5Massachusetts leasehold improvements taxed locally (from Schedule A, line 1h). . . . . . . . . . . . . . . . . . . . . . . 5
6Massachusetts tangible property taxed locally. Add lines 2 through 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
7Massachusetts tangible property not taxed locally. Subtract line 6 from line 1. . . . . . . . . . . . . . . . . . . . . . . . . . 7
8Total assets(from Schedule A, line 18) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9Massachusetts tangible property taxed locally (from line 6 above). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10Total assets not taxed locally. Subtract line 9 from line 8. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11Investments in subsidiaries at least 80% owned (from Schedule A, line 12a). . . . . . . . . . . . . . . . . . . . . . . . . 11
12Assets subject to allocation. Subtractline 11 from line 10. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13Income apportionment percentage (from Schedule F, line 5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14Allocated assets. Multiply line 12 by line 13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 314
15Tangible property percentage. Divide line 7 by line 14. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
Schedule C TangibleProperty Corporation
Complete only if Sched. B, line 15 is 10% or more. Enter all values as net book values from Sched. A, col. c.
1Total Massachusetts tangible property (from Schedule A, line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2Exempt Massachusetts tangible property:
a.Massachusetts real estate (from Schedule A, lines 1a and 1b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a
b.Massachusetts motor vehicles and trailers (from Schedule A, line 1c). . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b
c.Massachusetts machinery taxed locally. Classified manufacturers enter “0” (from Schedule A, line 1d). . 2c
d.Massachusetts leasehold improvements taxed locally (from Schedule A, line 1h). . . . . . . . . . . . . . . . . . . . 2d
e.Exempt goods (from Schedule A, line 2b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2e
f.Certified Massachusetts industrial waste/air treatment facilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2f
g.Certified Massachusetts solar or wind power deduction. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2g
3Total exemptMassachusetts tangible property. Add lines 2a through 2g . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4Taxable Massachusetts tangible property. Subtract line 3 from line 1. Do not enter less than “0.”
Enter result in line 1 of the Excise Calculation on page 2, and enter “0” in line 2 of the Excise Calculation. . . . 4
2
013 FORM 355,PAGE 6
C
ORPORATION NAME
FEDERAL IDENTIFICATION NUMBER
Schedule D Intangible Property Corporation2013
Complete only if Sched. B, line 15 is less than 10%. Enter allvalues as net book values from Sched. A, col. c.
1T
otal assets (from Schedule A, line 18) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2Total liabilities (from Schedule A, line 26). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3Massachusetts tangible property taxed locally (from Schedule B, line 6). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4Mortgages on Massachusetts tangible property taxed locally (from Schedule A, line 19a). . . . . . . . . . . . . . . . 4
5Subtract line 4 from line 3. Do not enter less than “0”. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6Investments in subsidiaries at least 80% owned (from Schedule A, line 12a). . . . . . . . . . . . . . . . . . . . . . . . . . 6
7Deductions from total assets. Add lines 2, 5 and 6 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8Allocable net worth. Subtract line 7 from line 1. Do not enter less than “0”. . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9Income apportionment percentage (from Schedule F, line 5). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10Taxable net worth.Multiply line 8 by line 9. Enter result in line 2 of the Excise Calculation on page 2, and
enter “0” in line 1 of the Excise Calculation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
Schedule E-1 Dividends Deduction
1Total dividends. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2Dividends from Massachusetts corporate trusts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
3Dividends from non-wholly-owned DISCs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4Dividends, if less than 15% of voting stock owned. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5Dividends from RICs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
6Dividends from REITs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7Total taxable dividends. Add lines 2 through 6. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
8Dividends eligible for deduction. Subtract line 7 from line 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
9Dividends deduction. Multiply line 8 by .95. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
2
013 FORM 355,PAGE 7
C
ORPORATION NAME
FEDERAL IDENTIFICATION NUMBER
Schedule E Taxable Income2013
1G
ross receipts or sales (from U.S.Form 1120, line 1e). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
2Gross profit (from U.S. Form 1120, line 3). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
3Other deductions (from U.S. Form 1120, line 26). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
4Net income (from U.S. Form 1120, line 28). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
5Allowable U.S. wage credit. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
6Subtract line 5 from line 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
7State and municipal bond interest not included in U.S. net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
8Foreign, state or local income, franchise, excise or capital stock taxes deducted from U.S. net income 38
9Section 168(k) “bonus” depreciation adjustment. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39
10Section 31I and 31K intangible expense add back adjustment. See instructions. . . . . . . . . . . . . . . . . . . . . 310
11Section 31J and 31K interest expense add back adjustment. See instructions. . . . . . . . . . . . . . . . . . . . . . . 311
12Federal production activity add back adjustment. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 312
13Other adjustments, including research and development expenses. See instructions. . . . . . . . . . . . . . 313
14Add lines 6 through 13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
15Abandoned building renovation deduction. . . . . . . . . . . . . . . . . ×.10 = 315
16Dividends deduction (from Schedule E-1, line 9). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 316
17Exception(s) to the add back of intangible expenses (enclose Schedule ABIE). . . . . . . . . . . . . . . . . . . . . . . 317
18Exception(s) to the add back of interest expenses (enclose Schedule ABI). . . . . . . . . . . . . . . . . . . . . . . . . 318
19Income subject to apportionment. Subtract the total of lines 15 through 18 from line 14. . . . . . . . . . . . . 19
20Income apportionment percentage (from Schedule F, line 5 or 1.0, whichever applies). . . . . . . . . . . . . . . . . . . 320
21Multiply line 19 by line 20. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21
22Income not subject to apportionment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 322
23Total net income allocated or apportioned to Massachusetts. Add lines 21 and 22. . . . . . . . . . . . . . . . 323
24Certified Massachusetts solar or wind power deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 324
25Massachusetts taxable income before net operating loss deduction. Subtract line 24 from line 23. . . . . 25
26Net operating loss deduction (enclose Schedule NOL). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 326
27Massachusetts taxable income. Subtract line 26 from line25. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27
28Total net operating loss available for carryover to future years. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 328
5
If a loss, mark an X in box at left
2
013 FORM 355,PAGE 8
C
ORPORATION NAME
FEDERAL IDENTIFICATION NUMBER
Schedule CROther Corporate Credits2013
1Economic Development Incentive Program credit
Certificate number. . . . . . . . . . . . . . . . . . . . . . . . 3. . . . . . . . . . . . . 31
2Economic Opportunity Area credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32
33% credit for certain new or expanded investments. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
4Vanpool credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
5Research credit (from Schedule RC, part 2, line 14) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35
6Harbor Maintenance Tax credit (from Schedule HM, line 22). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36
7Brownfields credit
Certificate number. . . . . . . . . . . . . . . . . . . . . . . . 3. . . . . . . . . . . . . 37
8Low-Income Housing credit
Building Identification number. . . . . . . . . . . . . . . 3. . . . . . . . . . . . . 38
9Historic Rehabilitation credit
Certificate number. . . . . . . . . . . . . . . . . . . . . . . . 3. . . . . . . . . . . . . 39
10Film Incentive credit
Certificate number. . . . . . . . . . . . . . . . . . . . . . . . 3. . . . . . . . . . . . 310
11Medical Device credit
Certificate number. . . . . . . . . . . . . . . . . . . . . . . . 3. . . . . . . . . . . . 311
12Employer Wellness Program credit
Certificate number. . . . . . . . . . . . . . . . . . . . . . . . 3. . . . . . . . . . . . 312
13Life Science Company credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 313
14Total credits. Add lines 1 through 13. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .14
Schedule RFRefundableCredits
1Refundable Film credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31
2Refundable Dairy credit
Certificate number. . . . . . . . . . . . . . . . . . . . . . . . 3. . . . . . . . . . . . . 32
3Refundable Life Science credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33
4Refundable Economic Development Incentive credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34
5Conservation Land credit
Certificate number. . . . . . . . . . . . . . . . . . . . . . . . 3. . . . . . . . . . . . . 35
6Total refundable credits. Add lines 1 through 5. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6
An exact copy of U.S. Form 1120 including all applicable schedules and forms and any otherdocumentation required to substantiate entries
made on this return, must be made available to the Department of Revenue upon request. See instructions.
