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Massachusetts Member's Income and Expenses
, or request a six-month extension here .Extracted from PDF file 2025-massachusetts-schedule-u-m.pdf, last modified February 2025Member's Income and Expenses
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. 2025 Massachusetts Schedule U-M Member’s Income and Expenses For calendar year 2025 or taxable period beginning Department of Revenue 2025 and ending Member’s name Check if non-U.S. corporation Check if treaty-based income exclusion ● ● Tax year beginning Tax type Taxable member ● Financial institution ● Business corporation ● Yes ● No ● Non-income measure only Figures shown are taken from (check no more than one): Ending Group election ed . Federal identification number y. Name of principal reporting corporation Federal identification number ● Affiliated group ● Worldwide ● Neither e. Separately stated taxable income e m tb fo r no in ill or e w ns fo r m et ur rr 21 -9 d an 16 -9 s R TI e Se f. Adjusted total n. d. Excluded income at io le E- Fi Net sales Cost of goods sold Gross profit Dividends Interest income Gross rents Gross royalties Capital gains net income Net gain or (loss) from Form 4797 Other income Total income Officer’s compensation Salaries and wages Repairs and maintenance Bad debts Rents Taxes and licenses Interest expense Charitable contributions Depreciation Depletion Advertising Pension and profit sharing Employee benefit programs Energy efficient commercial buildings deduction (from Form 7205) Other deductions Total deductions Net income before NOL and special deductions Pa pe 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 c. Combined reporting adjustments ac ce b. Fiscalization adjustment O a. Unadjusted federal amount pt nl ● Pre-consolidation separate company ● Separate U.S. 1120 as filed ● Pro forma, U.S. 1120S filed ● Pro forma, other U.S. return filed ● Pro forma, no U.S. return filed ● Eliminations/adjustments
2025 Schedule U-M Member’s Income and Expenses
More about the Massachusetts Schedule U-M Corporate Income Tax TY 2025
We last updated the Member's Income and Expenses in March 2026, so this is the latest version of Schedule U-M, fully updated for tax year 2025. You can download or print current or past-year PDFs of Schedule U-M directly from TaxFormFinder. 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. These related forms may also be needed with the Massachusetts Schedule U-M.
| Form Code | Form Name |
|---|---|
| Schedule U-IC | Member's Individual Credits |
| Schedule U-CI | Combined Income |
| Schedule U-CS | Credits Shared from Other Members |
| Schedule U-E | Massachusetts Unitary or Affiliated Group Income |
| Schedule U-INS | Payment to Insurance Companies Under Common Owners |
| Schedule U-MSI | Member's Apportioned Share of Group Income |
| Schedule U-MTI | Member’s Taxable Income from Sources Other Than the Unitary Business |
| Schedule U-NOLS | Member's Shared Loss Carryover |
| Schedule U-ST | Member’s Separate Computation of Tax |
| Schedule U-TM | Tax by Member |
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 U-M from the Department of Revenue in March 2026.
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 U-M
We have a total of fifteen past-year versions of Schedule U-M in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:
2025 Schedule U-M
2025 Schedule U-M Member’s Income and Expenses
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