Form 3f - Income Tax Return Of Corporate Trust - 2003 Page 3
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3Schedule D. Long-Term Capital Gains and Losses Excluding Collectibles.
Attach copy of U.S. Schedule D.
11 Enter net gains or losses from U.S. Forms 1120 or 1120A, Schedule D, Part II, line 11. If not filing 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 13. . . . . . . . . . . . 8
19 Subtotal. Subtract line 8 from line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10 Capital losses applied against capital gains. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Subtotal. If line 9 is greater than “0,” subtract line 10 from line 9. If line 9 is less than “0,” combine lines 9 and 10 . . . . . . . . . . 11
12 Long-term capital losses applied against interest and dividends. See instructions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13 Subtotal. Combine lines 11 and 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
14 Allowable deductions from your trade or business (from Massachusetts Schedule C-2, line 14). . . . . . . . . . . . . . . . . . . . . . . . 14
15 Subtotal. Subtract line 14 from line 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15
16 Massachusetts apportionment percentage (from Massachusetts Schedule E, line 5)* . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
%
17 Adjusted taxable long-term capital gains/losses. Multiply line 15 by line 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
. . . . . . .
18 Tax on long-term capital gains. Multiply line 17 by .053. Not less than “0.” Enter result here and on Form 3F, line 22
18
19 Available losses for carryover in 2004. Enter the amount from line 13, only if it is a loss . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19
*If income was derived solely from business carried on in Massachusetts, enter 100% in line 16.
Schedule E. Income Apportionment/Business Locations Outside Massachusetts
Answer Yes or No
Indicate whether factory, sales office,
Accepts
Registered to do
Files returns
Location (city and state)
warehouse, construction site, etc.
orders
business in state
in state
Apportionment Factors
1 Tangible Property
A. Massachusetts
B. Everywhere
C. Percentage
a Property owned (averaged) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1a
b Rented property (capitalized) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1b
c Totals. Add lines 1a and 1b for each column . . . . . . . . . . . . . . . . . . . . . . . . 1c
d Tangible property apportionment percentage. Divide col. A total by col. B total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1d
%
2 Payroll
a Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a
b Payroll apportionment percentage. Divide col. A total by col. B total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b
%
3 Sales
a Tangibles . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3a
b Services . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3b
c Rents and royalties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3c
d Other . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3d
e Totals. Add lines 3a through 3d for each column . . . . . . . . . . . . . . . . . . . . . 3e
× 2 = . . . . . . . . . . . . . . . . . . . . . . 3f
f Sales apportionment percentage. Divide col. A total by col. B total ___________________
%
4 Apportionment percentage. Add lines 1d, 2b and 3f of col. C . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
%
5 Massachusetts apportionment percentage. Divide line 4 by four. See instructions. (Enter here and in Form 3F, line 14,
Schedule B, lines 39, 42 and Schedule D, line 16) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
%
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