Form 3f - Income Tax Return Of Corporate Trust

Schedule B. Interest, Dividends and Certain Capital Gains and (Losses)

11 Gross dividends (from U.S. Forms 1120 or 1120A, line 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1

12 Total interest income (from U.S. Forms 1120 or 1120A, line 5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

13 Other interest and dividends not included above (attach statement) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

14 Total interest and dividends. Add lines 1, 2 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

15 Total interest from savings in Massachusetts banks (from page 1, line 11) . . . . . . . . . . . . . . . . . . . . . . 5

16 Interest and dividends taxed directly to Massachusetts trusts and estates (if included in line 4 above) 6

17 Other interest and dividends to be excluded. Attach schedule . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7

18 Add lines 5 through 7.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

19 Subtotal. Subtract line 8 from line 4. If you have no short-term capital gains or (losses), long-term gains on collectibles and

pre-1996 installment sales, gains or (losses) from the sale, exchange or involuntary conversion of property used in a trade

or business, allowable deductions from your trade or business, carryover short-term (losses) from prior years, or net long-term

capital (losses), omit lines 10–23. Enter this amount in line 24, complete lines 25 and 26 and omit lines 27–30. Otherwise

complete Schedule B . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9

10 Short-term capital gains (included in U.S. Forms 1120 or 1120S, Schedule D, Part I, lines 1, 2 and 3) . . . . . . . . . . . . . . . . . . . 10

11 Long-term capital gains on collectibles and pre-1996 installment sales (from Massachusetts Schedule D, line 8) . . . . . . . . . . 11

12 Gain on the sale, exchange or involuntary conversion of property used in a trade or business and held for one year or less

(from U.S. Form 4797) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12

13 Add lines 9, 10, 11 and 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13

14 Allowable deductions from your trade or business (from Massachusetts Schedule C-2, line 10). . . . . . . . . . . . . . . . . . . . . . . . 14

15 Subtotal. Subtract line 14 from line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15

16 Short-term capital (losses) (included in U.S. Forms 1120 or 1120S, Schedule D, Part I, lines 1, 2 and 3) . . . . . . . . . . . . . . . . . 16 (

)

17 (Loss) on the sale, exchange or involuntary conversion of property used in a trade or business and held

for one year or less (from U.S. Form 4797) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 (

)

18 Prior short-term unused (losses) for years beginning after 1981 (from 1999 Massachusetts Schedule B, line 28) . . . . . . . . . . 18 (

)

19 Combine lines 15, 16, 17 and 18. If Schedule B, line 19 is a loss and all amounts in Schedule D, line 11, columns A, B, C,

D or E are “0” or less, omit lines 20–23, enter “0” in lines 24–29, enter the amount from line 19 on line 30 and enter “0” on

Form 3F, lines 17 and 20. If line 19 is a positive amount and any amount in Schedule D, line 11, columns A, B, C, D or E

is greater than “0,” omit line 20 and enter the amount from line 19 in line 21. Otherwise, go to line 20. . . . . . . . . . . . . . . . . . . 19

20 Capital (losses) applied against interest, dividends and/or capital gains. See instructions . . . . . . . . 20

21 Subtotal. If line 19 is greater than “0,” subtract line 20 from line 19. If line 19 is less than “0,” combine lines 19 and 20. If line 21

is a loss, omit lines 22 through 29, enter the amount from line 21 in line 30 and enter “0” on Form 3F, lines 17 and 20 . . . . . . 21

22 Long-term net collectible gain deduction. Complete only if lines 11 and 21 are greater than “0.”

If there is no entry in line 11, enter “0.” If line 11 shows a gain, enter 50% of line 11 less 50% of

(losses) in lines 16, 17, 18 and 20, but not less than “0” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22

23 Adjusted gross interest, dividends and certain capital gains. Subtract line 22 from line 21. Not less than “0” . . . . . . . . . . . . . . 23

24 Taxable interest and dividends. If line 23 is greater than or equal to line 9, enter the amount from line 9. If line 23 is less

than line 9, enter the amount from line 23 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

25 Massachusetts apportionment percentage (from Massachusetts Schedule E, line 5)* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25

26 Net taxable interest and dividends. Multiply line 24 by line 25. Enter the result here and on Form 3F, line 17. . . . . . . . . . . . . . 26

27 Taxable 12% capital gains. Subtract line 24 from line 23. Not less than “0” . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27

28 Massachusetts apportionment percentage (from Massachusetts Schedule E, line 5)* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28

29 Net taxable 12% capital gains. Multiply line 27 by line 28. Enter the result here and on Form 3F, line 20 . . . . . . . . . . . . . . . . . 29

30 Available short-term (losses) for carryover in 2001. Enter amount from line 21 only if it is a (loss). If line 21 is not completed,

enter the amount from line 19, only if it is a (loss) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 (

)

Form 3f - Income Tax Return Of Corporate Trust - 2000 Page 2

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