Form 1120me - Maine Corporate Income Tax Return - 2010 Page 5
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WORKSHEET FOR MAINE FORM 1120ME
SCHEDULE B, LINE 20
MODIFICATION FOR ALTERNATIVE MINIMUM TAX
ADDITIONS:
1.
Income taxes imposed by Maine or any other state (attach schedule) ................................1. __________________
2.
Unrelated expenses (attach schedule) .................................................................................2. __________________
3.
Interest from state and municipal bonds other than Maine ..................................................3. __________________
4.
Net operating loss adjustment ..............................................................................................4. __________________
5.
Discharge of indebtedness deferred for federal tax purposes ..............................................5. __________________
6.
Bonus depreciation/section 179 expense add-back (see instructions) ................................6. __________________
7.
Other (see instructions) ........................................................................................................7. __________________
8.
TOTAL ADDITIONS (add lines 1 through 7) .........................................................................8. __________________
SUBTRACTIONS:
9.
Nontaxable interest ..............................................................................................................9. __________________
10.
Foreign dividend gross-up ..................................................................................................10. __________________
11.
Work Opportunity Credit and Empowerment Zone Credit deduction
(attach federal Form 5884 and/or Form 8844, as appropriate) .......................................... 11. __________________
12.
Income not taxable under the Constitution of Maine or the U.S. ........................................12. __________________
13.
Dividends from certain affi liated corporations (limitations - see instructions) .....................13. __________________
14.
Income from ownership interest in pass-through entity fi nancial institutions
subject to Maine Franchise Tax (see instructions)..............................................................14. __________________
15.
State income tax refunds ....................................................................................................15. __________________
16.
Bonus depreciation/section 179 expense recapture (see instructions) ..............................16. __________________
17.
Other (see instructions) ......................................................................................................17. __________________
18.
TOTAL SUBTRACTIONS (add lines 9 through 17) ............................................................18. __________________
19.
ADJUSTMENT FOR MAINE INCOME MODIFICATIONS (line 8 minus line 18)
Enter here and on Form 1120ME, Schedule B, line 20 (may be a negative number) ........19. __________________
Rev. 12/10
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