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12% Unrelated Trade or Business Capital Gains

23 Total 12% capital gain net income (from Massachusetts Form 2, Schedule B, line 30) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 23

Excess Deductions

24 Excess deductions allowed against 12% unrelated trade or business capital gains. If line 20 is greater than 12,

subtract line 12 from line 20 and enter the result here. Otherwise, enter “0” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 24

12% Tax

25 12% unrelated trade or business taxable capital gains. Subtract line 24 from line 23. Not less than “0” . . . . . . . . . . . . . . . . . . 25

26 12% tax. Multiply line 25 by 12% . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 26

Tax Before Credits

27 Credit recapture (Brownfields; Economic Opportunity Area; Low-Income Housing; Historic Rehabilitation) and/or

additional tax on installment sales . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 27

28 Total tax. Add lines 22, 26 and 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 28

Credits

29 Credit for income taxes paid to other jurisdictions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 29

30 Lead Paint Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 30

31 Economic Opportunity Area Credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 31

32 Brownfields Credit. Certificate number 3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 32

33 Low-Income Housing Credit. Certificate number 3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 33

34 Historic Rehabilitation Credit. Certificate number 3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 34

35 Film Incentive. Certificate number 3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 35

36 Medical Device Credit. Certificate number 3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 36

37 Total credits. Add lines 29 through 36 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37

38 Tax after credits. Subtract line 37 from line 28. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 38

Payments

39 Massachusetts income tax withheld (enclose all Massachusetts Forms W-2, W-2G, 1099-G and 1099-R) . . . . . . . . . . . . . . 3 39

40 2009 overpayment applied to your 2010 estimated tax. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 40

41 2010 Massachusetts estimated tax payments (do not include the amount in line 40) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 41

42 Payments made with extension . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 42

43 Refundable film credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 43

44 Refundable dairy credit. Certificate number 3

. . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 44

45 Payment with original return (use only if amending a return) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 45

46 Total tax payments. Add lines 39 through 45 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46

Refund or Balance Due

47 Overpayment. If line 38 is smaller than line 46, subtract line 38 from line 46 and enter the result in line 47. If line 38 is

larger than line 46, go to line 50 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47

48 Amount of overpayment you want applied to your 2011 estimated taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 48

49 Amount of your refund. Subtract line 48 from line 47 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 49

50 Tax due. If line 38 is larger than line 46, subtract line 46 from line 38 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 50

51 M-2210F penalty 3 $ ______________________ ; Other penalties 3 $______________________. . . . . . . . . . Total penalty 51

52 Total payment due at time of filing . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 52

53 Interest on unpaid balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 53

Form M-990t-62 - Exempt Trust And Unincorporated Association Income Tax Return - 2010 Page 2

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