Form 63 Fi - Financial Institution Excise Return Page 3
Download a blank fillable Form 63 Fi - Financial Institution Excise Return in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form 63 Fi - Financial Institution Excise Return with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
2
3
4Schedule B. Wholly Tax-Exempt Interest
a. Security
b. Rate
c. Maturity
d. Interest received
e. Amortization
f. Net interest
Enter col. d total on Schedule A, line 3
Complete this schedule only if the corporation has income from business activities which is taxable both in Massachusetts and in any other states.
Schedule C. Business Locations Outside Massachusetts
Location
Business activity
Number of
Registered to do
Files returns
conducted at location
locations
business in state?
in state?
(city and state)
Beginning January 1, 1999, 95% of dividends received from or on account of the ownership of any class of stock, if the financial institution owns 15% or
Schedule D. Dividends Deduction
more of the voting stock of the institution paying the dividend, will be allowed as a deduction to net income. Enclose schedule showing payers, amounts
and percent of voting stock owned by class of stock.
1 Total dividends (from U.S. Form 1120, Schedule C, line 19) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
2 Dividends, if less than 15% of voting stock owned
a. On common stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a
b. On preferred stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2b
3 Total taxable dividends. Add lines 2a and 2b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
4 Dividends eligible for the deduction. Subtract line 3 from line 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
5 Dividends deduction. Multiply line 4 by .95. Enter here and in Schedule A, line 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Financial