2012
Schedule E-3
Massachusetts
Estate, Trust, REMIC and Farm
Department of
Income and (Loss)
Revenue
Form 1 and Form 1 NR/PY filers must use Schedule E-3 to report income and loss from estates, trusts, REMICs and farms. Separate Sched-
ule(s) E-3 must be filed for each individual entity.
Name
Social Security number
Name of entity
Federal Identification number
Check one only:
Estate/Trust
REMIC
Farm
Income or (Loss) from Estates and Trusts
01 Passive deduction or loss allowed. (Enter as positive amount.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
02 Passive income (from U.S. Schedule K-1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2
03 Deduction or (loss) (from U.S. Schedule K-1). (Enter as positive amount.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3
04 Other income (from U.S. Schedule K-1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4
05 Combine lines 2 and 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5
06 Combine lines 1 and 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 (
)
07 Estate and trust income or (loss). Combine lines 5 and 6. (Enter loss as negative amount.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
08 Estate or non-grantor type income taxed from Form 2, if included on line 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8
09 Grantor type trust and non-Massachusetts estate and trust income or (loss). Subtract line 8 from line 7. (Enter loss as
negative amount.). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9
10 Interest (other than from Massachusetts banks) and dividends if included in line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
11 Adjustments to 5.25% income. Enclose statement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
12 Subtotal. Combine lines 10 and 11 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
13 Income or (loss) from grantor-type trusts and non-Massachusetts estates and trusts. Subtract line 12 from line 9. (Enter loss
as negative amount.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Income or Loss from Real Estate Mortgage Investment Conduits (REMICs)
14 Excess inclusion (from U.S. Schedule Q, line 2c) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14
15 Taxable income or net (loss) (from U.S. Schedule Q, line 1b). (Enter loss as negative amount.) . . . . . . . . . . . . . . . . . . . . . . . . . . 15
16 Income (from U.S. Schedule Q, line 3b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
17 Combine lines 15 and 16. (Enter loss as negative amount.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17
Farm Income
18 Net farm rental income or (loss) (from U.S. Form 4835). (Enter loss as negative amount.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18