Form 3f - Income Tax Return Of Corporate Trust - 2000 Page 3
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4Schedule D. Long-Term Capital Gains and (Losses) Excluding Collectibles
Attach copy of U.S. Schedule D.
For lines 1, 2, 3, 5, 6 and 8, enter in the appropriate column amounts from the sale, exchange or involuntary conversion of Massachusetts capital assets:
11 Enter net gains or (losses) from U.S. Forms 1120
A.
B.
C.
D.
or 1120S, Schedule D, Part II, line 11. If not filing
Held more than 1 year
Held more than 2 years
Held more than 3 years
Held more than 4 years
but not more than 2 years
but not more than 3 years
but not more than 4 years
but not more than 5 years
U.S. Schedule D, report 100% of capital gains
distributions in line 1 . . . . . . . . . . . . . . . . . . . . . . . . . 1
12 Loss on the sale, exchange or involuntary conversion
of property used in a trade or business and held
for more than one year (not included in line 1) . . . . . 2 (
) (
) (
) (
)
13 Carryover losses from prior years (see instructions) 3 (
) (
) (
) (
)
14 Subtotal. Combine line 1, line 2 and line 3 . . . . . . . . 4
15 Net gains or (losses) taxed directly to
Massachusetts trusts and included in line 4 . . . . . . . 5
16 Differences and adjustments, if any
(attach additional statement) . . . . . . . . . . . . . . . . . . 6
17 Exclude/subtract line 5 and line 6 from line 4 . . . . . . 7
18 Long-term gains on collectibles and pre-1996
installment sales. Also, enter this amount in
Schedule B, line 11 . . . . . . . . . . . . . . . . . . . . . . . . . . 8
19 Subtotal. Subtract line 8 from line 7 . . . . . . . . . . . . . . 9
10 Long-term capital (losses) applied against long-term
capital gains. See instructions . . . . . . . . . . . . . . . . 10
11 Subtotal. Combine line 9 and line 10 . . . . . . . . . . . . 11
12 Capital (losses) applied against interest, dividends
and/or capital gains. See instructions . . . . . . . . . . 12
13 Subtotal. If line 11 is greater than “0,” subtract line 12 from line 11. If line 11 is less than “0,” combine lines 11 and 12. If line 13 is a loss, omit lines 14
through 19, enter the amount from line 13 in
line 20 and enter “0” on Form 3F, line 22 . . . . . . . . . 13
14 Allowable deductions from your trade or business
(from Mass. Schedule C-2; see instructions) . . . . . . 14
15 Subtotal. Subtract line 14 from line 13 . . . . . . . . . . . 15
16 Massachusetts apportionment percentage
(from Massachusetts Schedule E, line 5)* . . . . . . . . 16
%
%
%
%
17 Adjusted long-term capital gains/losses.
Multiply line 15 by line 16. . . . . . . . . . . . . . . . . . . . . 17
Multiply line 17, col. A by .05; Multiply line 17, col. B by .04; Multiply line 17, col. C by .03; Multiply line 17, col. D by .02;
enter result below
enter result below
enter result below
enter result below
18 Multiply line 17 by the applicable tax rate . . . . . . . . 18
19 Tax on long-term capital gains. Add lines 18A, 18B, 18C, 18D and 18E
(Schedule D, page 2). Not less than “0.” Enter result here and on Form 3F, line 22. . . 19
20 Available (losses) for carryover in 2001. Enter in line 20, column A the amount from line 13, column A, only if it is a (loss).
Enter in line 20, column B the amount from line 13, column B, only if it is a (loss). Enter in line 20, column C the amount
from line 13, column C, only if it is a (loss).
Column A
Column B
Column C
Column D
carryover amount
carryover amount
carryover amount
carryover amount
Enter in line 20, column D the amount from
line 13, column D, only if it is a (loss) . . . . . . . . . . . 20 (
) (
) (
) (
)
*If income was derived solely from business carried on in Massachusetts, enter 100% in line 16.
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