Income:
dividends = \$2,600
short-term capital gains = \$700
short-term capital losses = (\$1,900)
long-term capital losses = (\$3,600)
 2014 Massachusetts Schedule B: Part 1 Line 9. Subtotal interest and dividends after excess trade/business deduction \$2,600
 Line 16. STCL (\$1,900)
 Line 19. Combined STCL and STCG (\$1,200)
 Line 20. STCL applied against interest and dividends maximum \$2,000 \$1,200 Part 3 Line 29. Subtotal interest and dividends from line 9 \$2,600
 Line 30. STCL applied against interest and dividends \$1,200
 Line 31. Subtotal interest and dividends after applying STCL. See instructions \$1,400
 Line 32. LTCL applied against interest and dividends (See worksheet) \$800
 Line 33. Adjusted interest and dividends after applying LTCL \$600
 2014 Massachusetts Schedule D: Line 9. Combined LTCL (\$3,600)
 Line 15. Subtotal LTCL after applying capital losses against capital gains (\$3,600)
 Line 16. LTCL applied against interest and dividends (from worksheet in instructions) \$800
 Line 17. Subtotal LTCL after applying against interest and dividends (\$2,800)
 2014 Schedule B, Line 32 and for Schedule D, Line 16 Worksheet - Long-Term Capital Losses Applied against Interest and DividendsIf Schedule B, line 31 is a positive amount and Schedule D, line 15 is a loss, complete the Long-Term Capital Losses Applied Against Interest and Dividends Worksheet for Schedule B, Line 32 and Schedule D, Line 16. When completing the worksheet, be sure to enter all losses as a positive amount.Complete only if Schedule B, line 31 is a positive amount and Schedule D, line 15 is a loss. Enter all losses as positive amounts.
 1. Enter amount from Schedule B, Line 29 \$2,600 2. Enter the lesser of line 1 or \$2,000 \$2,000
 3. Enter the amount from Schedule B, line 30 \$1,200
 4. Subtract line 3 from line 2. If "0" or less omit the remainder of worksheet.Otherwise, enter lines 5 and 6 \$800 5. Enter any loss from Schedule D, line 15, as a positive amount.Otherwise, enter "0" \$3,600
 6. If line 4 is smaller than or equal to line 5, enter line 4 here and in Schedule B,line 32 and in Schedule D, line 16. If line 4 is larger than line 5, enter line 5 hereand in Schedule B, line 32 and in Schedule D, line 16 \$800