Instructions For Combined Report (Form Cr) - Maine Revenue Services (Page 2 of 2) in pdf

FORM CR INSTRUCTIONS, continued

COLUMN INSTRUCTIONS CONTINUED

LINE INSTRUCTIONS

Combine columns 2, 3, and 4. This is the adjusted

To the extent not already eliminated, remove all

Column 5.

Line 16.

separate income of each member of the unitary

intercompany transactions. These eliminations are

business group.

for page 2, columns 6-9 only. Attach a worksheet

that details any adjustment claimed on this line.

Column 6.

A. State modification subtractions. Enter the share

of state subtraction modifications applicable to the

Line 17.

Enter the total for each of Columns 2 through 9.

unitary member on that line. The total for all unitary

members must agree with line 2j of Form 1120ME if a

single return is filed for the entire group. Attach a

Line 18.

Enter allowable special deductions for the unitary

supporting schedule.

business (from Federal Form 1120, line 29b). These

deductions must be aggregated and adjusted, if

B. State modification additions. Enter the share of

necessary, in a manner consistent with federal

state addition modifications applicable to the unitary

consolidated filing requirements.

member on that line. The total for all unitary

members must agree with line 4g of Form 1120 ME if

Line 19.

Enter the allowable NOL deductions for the unitary

a single return is filed for the entire group. Attach a

business. See MRS Rule 801.09 (allocation and uses

supporting schedule.

of net operating losses).

Line 20.

Enter the total from column 5 minus the deductions

Columns 7-9. Enter each corporation’s share of sales, payroll, and

on lines 18 and 19. Enter on this line and on Form

property of the unitary business. The totals should

1120ME, page 1, line 1. This is the taxable income

be carried over from Line 17 to Schedule A. The

under the laws of the United States of the unitary

amounts listed on the total lines of Columns 7, 8,

business.

and 9 of the Combined Report must agree with those

entered on lines 12, 13, and 14, Columns (A) and (B)

of Schedule A, Form 1120ME if a single return is

filed for the entire group.

Because Maine Revenue Services uses optical scanners to process Forms 1120ME and 1120X-ME,

the use of these forms cannot be altered in any way. Do not change line numbers or descriptions as

these changes will not be detected when scanned.

Important: If all required lines and schedules (including Form CR) are not completed, the return is

incomplete and will not be considered a filed return. Also, pages 1-4 of the federal return must be

attached to your Maine corporate return.

Record-Keeping requirements

Keep a copy of your Maine income tax return, including worksheets, and supporting documents for the

same period required for keeping your federal income tax records. This is generally 3 years from the

date the return was filed. You should keep some records longer. For example, keep property records

as long as they are needed to calculate the basis of the original or replacement property. See 36

M.R.S.A. § 135.

Instructions For Combined Report (Form Cr) - Maine Revenue Services Page 2

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