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Massachusetts Partner's Distributive Share
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, or request a six-month extension here .Extracted from PDF file 2021-massachusetts-schedule-3k-1.pdf, last modified November 2021Partner's Distributive Share
CAUTION: This tax return must be filed electronically. Paper versions of this return will not be accepted. If you have questions about filing electronically, contact us at 617-887-6367. See https://www.mass.gov/info-details/dor-e-filing-and-paymentrequirements for further information about our electronic filing and payment requirements. 2021 Massachusetts Department of Revenue Form 3K-1 Partner’s Massachusetts Information Tax year beginning Calendar year filers enter 01–01–2021 and 12–31–2021 below; fiscal year filers enter appropriate dates Tax year ending MM D D Y Y Y Y MM D D Y Y Y Y NAME OF PARTNER TAXPAYER IDENTIFICATION NUMBER ADDRESS CITY/TOWN/POST OFFICE STATE ZIP + 4 NAME OF PARTNERSHIP FEDERAL IDENTIFICATION NUMBER ADDRESS CITY/TOWN/POST OFFICE STATE ZIP + 4 n. io at rm e tb IF A LOSS, MARK AN X IN BOX Massachusetts ordinary income or loss (from Form 3, line 20) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 3 Separately stated deductions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 fo ur n rm or w s 4 Combine lines 1 through 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5 Credits available: e Guaranteed payments to partners (deductible and capitalized; from U.S. Form 1065, Schedule K) . . . . . . . . . . . . . . . . . . 2 ill 2 9 re t a. Taxes due to another jurisdiction (full-year residents and part-year residents only) . . . . . . . . . . . . . . . . . . . . . . . . . . . 5a er Pa p Economic Opportunity Area 21 - b. Lead paint credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5b c. in fo PARTNER’S DISTRIBUTIVE SHARE no 1 EFi le O nl ac ce y. pt ed . A. Type of partner (fill in one only): Individual resident Individual nonresident Resident trust or estate Nonresident trust or estate S corporation Partnership or other PTE IRA Disregarded entity Corporation Ch 62 exempt organization Ch 63 exempt organization B1. Type of partner: General partner or LLC member–manager Limited partner or other member B2. Partner status: Domestic Foreign C. Type of form submission: Final Amended return D. Fill in if there was a sale, transfer or liquidation of any part of this partnership interest during the tax year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . E. Fill in if the partnership participated in one or more installment sales transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If Yes, indicate whether information has been communicated to the partner to calculate an addition to Massachusetts tax under MGL ch 62C, § 32A based on the following Internal Revenue Code (IRC) provisions (fill in all that apply): IRC § 453A IRC § 453(i)(2)(B) Economic Development Incentive Program . . . . . . . . . . . . . . . . . . . . . . . . . . 5c 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 e. Low-Income Housing credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5e 0 0 an d d.Brownfields credit (see instructions) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5d 0 0 g. Film Incentive credit (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5g 0 0 s 16 -9 f. Historic Rehabilitation credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5f TI R h. Medical Device credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5h i. Employer Wellness Program credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5i 0 0 0 0 0 0 k. Certified Housing Development credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5k 0 0 l. Life Sciences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5l 0 0 m. Veterans Hire credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5m 0 0 n. Low-Income Housing Donation credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5n 0 0 Se e j. Farming and Fisheries credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5j BE SURE TO CONTINUE SCHEDULE 3K-1 ON OTHER SIDE 2021 SCHEDULE 3K-1, PAGE 2 NAME OF PARTNER TAXPAYER IDENTIFICATION NUMBER 0 0 p. Refundable Dairy credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5p 0 0 q. Refundable Conservation credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5q 0 0 r. Refundable Community Investment credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5r 0 0 s. Angel Investor credit. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5s 0 0 t. Apprentice credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5t 0 0 u. Vacant Storefront credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5u 0 0 0 0 y. ed . o. Refundable Film credit (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5o pt n. nl ac ce v. Cranberry Bog credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5v 0 0 io O w. Total credits. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5w 0 0 at rm e EFi le 6 Credit recapture (see instructions). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 tb 7 Net income or loss from rental real estate activity (from Form 3, line 23) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 w 10 Interest (5.0%) from Massachusetts banks (from Form 3, line 29) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 ur n in fo rm s 11 Other interest and dividend income (from Form 3, line 30) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 e 9 or 9 Interest from U.S. obligations (from Form 3, line 28). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ill no 8 Net income or loss from other rental activity (from Form 3, line 26) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 re t fo 12 Non-Massachusetts state and municipal bond interest (from Form 3, line 31) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 21 - 9 13 Royalty income (from Form 3, line 32). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Pa p er 14 Short-term capital gains (from Form 3, line 33). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 an d 15 Short-term capital losses (from Form 3, line 34). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 16 Gain on the sale, exchange, or involuntary conversion of property used in a trade or business held for one year or less (from Form 3, line 35) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 -9 17 Loss on the sale, exchange, or involuntary conversion of property used in a trade or business held for one year 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 18 Long-term capital gain or loss (from Form 3, line 37). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 0 0 19 Net gain or loss under IRC § 1231 (from Form 3, line 38). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 0 0 TI R s 16 or less (from Form 3, line 36) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Se e 20 Long-term gains on collectibles and pre-1996 installment sales (from Form 3, line 39). . . . . . . . . . . . . . . . . . . . . . . . . . 20 21 Differences and adjustments (from Form 3, line 40) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21 CORPORATE PARTNER INFORMATION 0 0 0 0 22 State and municipal bond interest not included in U.S. net income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 0 0 23 Foreign, state or local income, franchise, excise or capital stock taxes deducted from U.S. net income. . . . . . . . . . . . . . . 23 0 0 24 Other adjustments, if any. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 0 0 2021 SCHEDULE 3K-1, PAGE 3 NAME OF PARTNER TAXPAYER IDENTIFICATION NUMBER RECONCILIATION OF PARTNER’S CAPITAL ACCOUNT 0 0 26 Massachusetts net income for year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 0 0 27 Entire net income for year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 0 0 28 Capital contributions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 0 0 29 Withdrawals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 0 0 30 Balance at end of year. Add lines 25, 27 and 28 and subtract line 29. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 0 0 ed . 25 Balance at beginning of year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 33 Percentage of capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Beginning Ending 33 35 Qualified non-recourse financing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Ending 35 36 Recourse liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Ending 36 Composite Member-self file rm s Withholding 0 0 0 0 or w PASS-THROUGH ENTITY PAYMENT AND CREDIT INFORMATION Declaration election code: 0 0 e ill no tb Ending 34 in fo e EFi le 34 Non-recourse liabilities. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . io Ending 32 rm Beginning O 32 Percentage of loss. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . n. Ending 31 at Beginning ac ce nl y. 31 Percentage of profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . pt PARTNER’S SHARE OF PROFIT, LOSS AND CAPITAL 0 0 38 Payments made in a composite filing. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 0 0 er 21 - 9 re t fo ur n Exempt PTE Insurance company Non-profit Exempt corporate limited partner 37 Withholding amount. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37 Pa p 39 Credit for amounts withheld by lower-tier entity 0 0 40 Payments made with a composite filing by lower-tier entity (informational only). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 0 0 an d . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 -9 Payer identification number 16 PARTNER’S SHARE OF CHAPTER 63D REFUNDABLE CREDIT s Reporting of aggregate entity information: The electing pass-through entity should report its total qualified income as an aggregate amount derived from all resident or nonresident partners having qualified taxable income subject to the MGL ch 63D entity-level tax. See instructions. TI R If the partner is a trust, fill in if the trust is a pass-through entity 41 Total qualified income subject to 5.0% entity-level tax Se e a. Total of ordinary income or loss, interest, and dividend income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41a b. Net gain or loss from the sale of capital assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41b c. Total income subject to 5% entity-level tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41c d. 100% of entity-level tax reported and paid by pass-through entity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41d e. Partner’s refundable credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41e
Schedule 3K-1
More about the Massachusetts Schedule 3K-1 Corporate Income Tax
We last updated the Partner's Distributive Share in February 2022, and the latest form we have available is for tax year 2021. This means that we don't yet have the updated form for the current tax year. Please check this page regularly, as we will post the updated form as soon as it is released by the Massachusetts Department of Revenue. You can print other Massachusetts tax forms here.
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TaxFormFinder has an additional 126 Massachusetts income tax forms that you may need, plus all federal income tax forms.
| Form Code | Form Name |
|---|---|
| Form 355-ES | Corporate Estimated Tax Payment Vouchers |
| Form 355-7004 | Corporate Extension Worksheet |
| Form 2 | Fiduciary Income Tax Return |
| Form 355-PV | Massachusetts Corporate Payment Voucher |
| Form 355S-PV | Massachusetts Corporate Payment Voucher |
View all 127 Massachusetts Income Tax Forms
Form Sources:
Massachusetts usually releases forms for the current tax year between January and April. We last updated Massachusetts Schedule 3K-1 from the Department of Revenue in February 2022.
About the Corporate Income Tax
The IRS and most states require corporations to file an income tax return, with the exact filing requirements depending on the type of company.
Sole proprietorships or disregarded entities like LLCs are filed on Schedule C (or the state equivalent) of the owner's personal income tax return, flow-through entities like S Corporations or Partnerships are generally required to file an informational return equivilent to the IRS Form 1120S or Form 1065, and full corporations must file the equivalent of federal Form 1120 (and, unlike flow-through corporations, are often subject to a corporate tax liability).
Additional forms are available for a wide variety of specific entities and transactions including fiduciaries, nonprofits, and companies involved in other specific types of business.
Historical Past-Year Versions of Massachusetts Schedule 3K-1
We have a total of ten past-year versions of Schedule 3K-1 in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2011 Schedule 3K-1
sch. 3K-1
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