Instructions For Form 1-Nr/py - Massachusetts Nonresident Or Part-Year Resident Income Tax - 2006 Page 21
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40Schedule Instructions
21
Schedule
Line 9. Additional Adjustments
Schedule F
to Income While a Nonresident/
NTS-L-NR/PY
Part-Year Resident
Credit for Income Taxes
Enter in line 9 any deductions not originally re-
Paid to Other Jurisdictions
Massachusetts Adjusted Gross Income for
ported on Schedule Y, lines 1 to 10 because of
(part-year residents only)
No Tax Status
your nonresidency or part-year residency status
Income Tax Paid to Another State: If all or part of
Massachusetts Adjusted Gross Income (Mass-
but would have been reported on Schedule Y if you
the income reported on this return is subject to
achusetts AGI) is not the same as taxable income.
were a full-year resident.
taxation in another state or specified jurisdiction
Massachusetts AGI includes all:
and you have filed a return and paid taxes in the
Line 10. Massachusetts Adjusted
◗ wages, salaries, tips;
other state or jurisdiction, complete Schedule F to
◗ taxable pensions and annuities;
Gross Income
calculate the credit. Do not include taxes paid to
◗ pension income from another state or jurisdic-
If you paid tuition to a two- or four-year college for
the U.S. government. (This credit does not apply
tion before any deductions;
yourself or a dependent, you may be entitled to a
to city or local taxes or corporate excise tax.) You
◗ taxable IRA/Keogh and Roth IRA distributions;
deduction equal to the amount by which the tuition
are allowed to claim a credit for taxes paid to the
◗ fees and unemployment compensation;
payments, less any scholarships, grants or finan-
following jurisdictions: (a) other states in the
◗ income or loss from a business or profession;
cial aid received, exceed 25% of line 10. See
United States; (b) any territory or dependency of
◗ income or loss from partnerships, S corpora-
Schedule Y, line 11 worksheet in instructions.
the United States (including Puerto Rico, the Vir-
tions and trusts;
Subtract line 9 from line 8. If you are single and
gin Islands, Guam, the District of Columbia); or
◗ rents, royalties and REMIC income;
the total in line 10 is $8,000 or less, you qualify for
(c) the Dominion of Canada or any of its prov-
◗ alimony and other 5.3% income;
No Tax Status. Fill in the oval in Form 1-NR/PY,
inces (less any U.S. credit amount allowable from
◗ interest from Massachusetts banks before ex-
line 30, enter “0” in line 31 and omit lines 32
U.S. Form 1116).
emption; and
through 35. Also, enter “0” on line 36 and con-
Note: Canada is the only foreign country for which
◗ interest, dividends, and capital gains.
tinue on Form 1-NR/PY. If you are single but do
you may claim a tax credit for income tax paid to
◗ The No Tax Status provision applies if your
not qualify for No Tax Status and your total in line
another state or jurisdiction on this schedule.
Massachusetts AGI on Schedule NTS-L-NR/PY
10 is $14,000 or less, go to line 13 to see if you
The total credit which you calculate on this schedule
(line 8) is $8,000 or less if single; $13,550 or less
qualify for the Limited Income Credit. If married
is the smaller of the amount of taxes due to other
plus $1,000 per dependent if head of household,
filing jointly or head of household, go to line 11.
jurisdictions (net of certain adjustments) or the por-
or $15,300 or less plus $1,000 per dependent if
Line 11. No Tax Status for Married
tion of your Massachusetts tax due on your gross
married filing a joint return.
income that is taxed in such other jurisdictions.
Filing Jointly or Head of Household
Note: If married, you must file a joint return in
If married and filing a joint return, multiply the
Credit is not given for a property tax due to an-
order to qualify for No Tax Status. For purposes
number of dependents (from Form 1-NR/PY, line
other jurisdiction on account of capital stock or
of computing No Tax Status all losses must be
4b) by $1,000 and add $15,300 to that amount. If
property. This does not refer to a tax on gain or
entered as “0.”
head of household, multiply the number of depen-
income from the sale of capital stock or property,
Line 6. Long-Term Capital Gain
dents (from Form 1-NR/PY, line 4b) by $1,000 and
as included on Schedule B or D. Credit is also not
add $13,550 to that amount. Enter the result here.
given for any interest and penalties paid on a tax
Income
If line 10 is less than or equal to line 11, you qualify
due to another jurisdiction.
If filing Schedule D-IS, Installment Sales, see the
for No Tax Status. Fill in the oval in Form 1-NR/PY,
Schedule D-IS instructions for the amount to enter
You must complete separate schedules if you had
line 30, enter “0” in line 31 and omit lines 32
in line 6. Schedule D-IS and instructions are avail-
5.3% and interest income (other than interest from
through 35. Also, enter “0” on line 36 and continue
able on DOR’s website at
Massachusetts banks), dividends or capital gain in-
on Form 1-NR/PY.
come taxed by another jurisdiction. If you use this
Line 7. Additional Income/Loss
schedule to calculate a credit for interest income
Line 12. Limited Income Credit
While a Nonresident/Part-Year
(other than interest from Massachusetts banks),
Threshold
Resident
dividends or capital gain income, substitute inter-
If you do not qualify for No Tax Status and you are
est income (other than interest from Massachu-
Enter in line 7 any income/loss not reported on
married and filing a joint return, multiply the num-
setts banks), dividends or capital gain income for
Form 1-NR/PY because of your nonresidency or
ber of dependents (from Form 1-NR/PY, line 4b) by
5.3% income in line 1. You must also substitute
part-year residency status but would have been re-
$1,750 and add $26,775 to that amount. If head
Schedule B, line 7 (interest and dividend income)
ported on Form 1 if you were a full-year resident.
of household, multiply the number of dependents
and Schedule B, line 13 (taxable 12% capital gains)
Note: Nonresidents, do not include any military
(from Form 1-NR/PY line 4b) by $1,750 and add
or Schedule D, line 12 (gross long-term capital
compensation received during the taxable year as
$23,713 to that amount. Enter the result here. If
gains and losses), but not less than “0,” for Form
non-Massachusetts source income. See TIR 04-6
line 10 is less than or equal to line 12, you may
1-NR/PY, line 12 in line 2 of the schedule, and the
for more information.
qualify for the Limited Income Credit. Go to line 13.
total of Form 1-NR/PY, line 24 multiplied by .053
(tax on interest and dividend income) and Form
Line 17. Limited Income Credit
1-NR/PY, line 27 (12% tax) or line 28 (tax on long-
If line 15 is smaller than line 16, you are not eligible
term capital gains) for Form 1-NR/PY, line 23 in
for this credit. If line 15 is larger than line 16, sub-
line 4 of the schedule.
tract line 16 from line 15, and enter the result here
and in line 32 on Form 1-NR/PY.
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