The Massachusetts Department of Revenue has released its 2010 corporate tax forms. These forms reflect all known changes and DOR revisions and are "subject only to further federal or state legislative action."


Please note that all forms are in PDF format and require the free Adobe Acrobat Reader.

Upon request, forms are available in an alternative format. Please send your request to: Massachusetts Department of Revenue, Office of Diversity and Equal Opportunity, PO Box 9557, Boston, MA 02114-9557.

Additional forms and information are available through the Secretary of the Commonwealth's Corporations Division.

2010 Corporate Drafts Change Log

2010 Major Changes

Form 355
Page 1
, line 18: New. 
Page 2, line 3: Tax rate has been reduced to .0875.
Page 2, line 16: Text is new. Refundable credits are now totaled on Schedule RF, Refundable Credits (Form 355, page 9) and the total is carried over to the Excise Calculation.
Page 2, line 8: New line for combined filers only to complete.
Page 2, line 16: New requirement to enter the taxpayer identification number of the payer of any pass-through entity withholding.
Page 2, lines 16 through 18 of the 2009 version have been moved to new Schedule RF, Refundable Credits.
Page 7, lines 19 through 28: These lines have been rewritten and 2 lines have been added.
Page 9, Schedule CR, Other Corporate Credits, has been updated.
Full employment credit has been deleted.
Economic Development Program Credit, along with its certificate number has been added.
A building identification number has been added for the Low-Income Housing Credit.
Page 9, Schedule RF, Refundable Credits, is new.

Form 355S
Page 1,
 line 3: Responses for RICs and REITs deleted.
Page 1, line 4: New line. Subsequent lines renumbered.
Page 1, line 19: New.
Page 2, line 3: Tax rate reduced to .0875.
Page 2, line 6: Tax rates have been reduced to .023 and .00345.
Page 2, line 11: New line for combined filers only to complete.
Page 2, line 12: Text added. Pre-filled response (456) deleted.
Page 2, line 19: New requirement to enter the taxpayer identification number of the payer of any pass-through entity withholding.
Page 2, line 20: Text is new. Refundable credits are now totaled on Schedule RF, Refundable Credits (Form 355S, page 9) and the total is carried over to the Excise Calculation.
Page 2, lines 19 through 21 of the 2009 version have been moved to new Schedule RF, Refundable Credits.
Page 7, lines 19 through 28: These lines have been rewritten and 2 lines have been added.
Page 9, Schedule CR, Other Corporate Credits, has been updated.
Full employment credit has been deleted.
Economic Development Program Credit, along with its certificate number has been added.
A building identification number has been added for the Low-Income Housing Credit.
Page 9, Schedule RF, Refundable Credits, has been added.

Schedule SK-1
Page 1,
 above line 1: Two new questions.
Page 1, line 4d: Full Employment Credit has been deleted and the Economic Development Incentive Program Credit has been added.
Page 1, line 4p: New Economic Development Incentive Program Credit has been added.
Page 1, line 4q: This is now the total credit line.

Schedule H
Page 1
, header: The oval indicating Massachusetts has been deleted.

Form M-990T
Tax rate reduced to .0875 from .095. 
Page 1
, Full employment credit has been deleted.
Page 1, line 22, Economic Development Incentive Program Credit has been added.
Page 1, lines 23 through 26, revised text.
Page 1, line 28, building identification number added.
Page 2, line 46, refundable EDIP credit added.

Form 355SBC
Line 3,
 Tax rate reduced to .0875.

Schedule HM
Line 11 changed from Full Employment Credit to Economic Development Incentive Program Credit.

355SC
Registration Section
: Check box for Regulated Investment Corporation deleted. Line 10 now reads Economic Development Incentive Program Credit instead of the Full Employment Credit.
Line 11, certificate number added.
Line 14, building identification number added.

Form EDIP
Refundable Economic Development Incentive Program Credit is new for 2010.

Schedule RC
Page 1
: Third bubble, text change and response changes.
Page 2, lines 17 - 21: deleted.
Page 3, lines 19 - 25: Text changed and 3 lines added.

Schedule E-2
Complete redesign.

Schedule M-1
Part 2 is new. 

Schedule CG
Complete redesign.

November 4, 2010 Edits

Schedule E-2
Lines 1d, 2d, 3d, 4d and 5d: Response box style change.

Schedule ABI
New line added to Taxpayer Information section to indicate what return the deduction is being claimed on.

Schedule ABIE
New line added to Taxpayer Information section to indicate what return the deduction is being claimed on.

November 10, 2010 Edits

Schedule CG
Line 8 of each section deleted.
Subsequent lines renumbered.

Schedule RLC
Lines 2 and 3 of the prior version deleted.
Subsequent lines and references renumbered.
New line 2 has corrected instruction.

November 23, 2010 Edit

Schedule CG
Line 1 of header: State or country of incorporation deleted.

December 23, Edit

Form M-2220
Line 1:Instruction for U filers updated.
Line 4:Reference to U filers deleted.

December 28 Edit

Schedule M-1
Response area for question 2 expanded to allow for multiple responses.

Form M-990T
Line 11: Instruction changed, See M-990T instructions.
Line 44: Taxpayer ID added.

 

M-2220
Line 29: Interest rate inserted (4%).

January 26, 2011 Edits

Form 355
Page 2: Excise Calculation, line 6. References changed from Sch. U-IC, lines 38 and 41 to Sch. U-IC, lines 40 and 43.

 

Form 355S
Page 2: Excise Calculation, line 9. References changed from Sch. U-IC, lines 38 and 41 to Sch. U-IC, lines 40 and 43.

Form M-2220
Line1. References changed from Form 355, line 9 and 355S, line 12 to Form 355, line 10 and Form 355, line 13.

The instruction for 355U filers has been expanded. The prior version read “Form 355U filers enter the amount from Schedule CG, Part 1, line 1.”

Now it reads “Form 355U filers enter the amount from Schedule CG, Part 1, line 1 reduced by any voluntary contributions included in that amount.”