Massachusetts Differences
Enter and explain any differences between total partnership and S corporation income on the U.S. return and the same type of income on your Massachusetts return. Explain the differences in the space provided. Refer back to Schedule E, Part I, line 2 instructions for further guidance. If you use information from Massachusetts Schedule 3K-1 and/or SK-1, take care not to duplicate adjustments already made for differences in U.S. and Massachusetts tax treatments.

Abandoned Building Renovation Deduction
Enter 10% of the costs of renovating a qualifying abandoned building in an Economic Opportunity Area. For further information, refer to the instructions for Schedule E, Part I, line 4.

Interest (other than from Massachusetts banks) and Dividends
Enter interest (other than from Massachusetts banks) and dividends from trade or business activity( ies) if included in line 5 from partnerships and S corporations. This income must be reported in Massachusetts Schedule B, line 3. This information should be provided by the S corporation or partnership.

Interest from Massachusetts Banks
Enter interest from Massachusetts banks from trade or business activity(ies) if included in line 5. This income must be reported on Form 1, line 5a. This information should be provided by the S corporation or partnership.

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