Massachusetts Differences
Enter and explain any differences between estate and trust income or loss on the U.S. return and the same type of income on your Massachusetts return. Explain the differences in the space provided or enclose an additional sheet if necessary. See explanation in Schedule E, Part I, line 2.

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.

Estate or Nongrantor-Type Trust Income
Enter estate or nongrantor-type trust income taxed directly on your Massachusetts Fiduciary Return, Form 2, if included in line 5. If you do not know this amount, check either your U.S. Schedule K-1 or contact your trustee or other fiduciary.

Interest (other than from Massachusetts banks) and Dividends
Enter interest (other than from Massachusetts banks) and dividends if included in line 7 and enter on Massachusetts Schedule B, line 3.

Adjustment of 5.3% Income
Enter the total of interest from Massachusetts banks if included in line 7. This income must be reported on Form 1, line 5a. Enter the total of pension and annuity income if included in line 7. This income must be reported on Form 1, line 4.

Income or Loss from Grantor-Type and Non-Massachusetts Estates and Trusts
Subtract line 10 from line 7. Remember to subtract losses when calculating the total. This figure should be added to any amount(s) in Schedule E, Part I, line 5 and/or Part II, line 8 and the total entered on Form 1, line 7.

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