Partnerships over the thresholds
explained below must submit all Forms 3 and Schedules
3K-1 to the Department by electronic means.
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Use this worksheet to determine
whether the partnership meets the electronic filing mandate.
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The heading "What is Massachusetts Gross Income" on
page 4 of the instructions addresses the definition of income for tax purposes and does
not refer to the electronic filing mandate.
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Partnerships that meet any of the following criteria must file electronically:
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- Partnership filed electronically last year;
- 25 or more partners;
- $50,000 or more in gross income;
- $50,000 or more in ordinary loss from trade or business activities;
- $100,000 or more received from the sale of stock and securities; or
- $100,000 or more in losses from the sale of stock and securities
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A partnership that is below the thresholds may also choose to file electronically.
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1. Does the partnership have 25 or more partners?
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Enter number of partners.
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If 25 or greater, stop worksheet here and file electronically. If not, continue with worksheet.
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2. Does the partnership have $50,000 or more in gross income?
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Combine the following lines (if applicable) from the partnership's federal return; if the sum is $50,000
or more, the partnership must file electronically.
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* Note: If the amount on the federal return is negative enter zero.
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Trade or business
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Gross receipts or sales (Form 1065, line 1a)
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*Ordinary income (Form 1065, line 4)
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*Net farm profit (Form 1065, line 5)
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*Other income (Form 1065, line 7)
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Sale of business property
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*Sale or exchange of property (Form 4797, line 9)
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*Ordinary gain or loss (Form 4797, line 17)
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Rental
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Total gross rents (Form 8825, line 18a)
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*Other gross rental income (loss)(Schedule K, line 3a)
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Interest
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Schedule K, line 5
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Dividends
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Schedule K, line 6a
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Royalties
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Schedule K, line 7
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Sale of Collectibles
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*Schedule K, line 9b
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Other income or Loss
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*Schedule K, line 11
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Total
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Enter total, if positive,
in line 1 of Form 3. If total is $50,000 or greater, stop worksheet here and
file electronically.
If total is less than $50,000, continue with worksheet.
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3. Does
the partnership have $50,000 or more in ordinary loss from trade or business
activities?
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Enter amount on Form 1065, line 22 if the amount is negative
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If loss is $50,000 or greater,
stop worksheet here and file electronically.
If loss is less than $50,000, continue with worksheet.
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4. Does the partnership have $100,000 or more from the sale of stock and securities (Gain or Loss)?
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Schedule K, line 8
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Schedule K, line 9a
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Total (sum of lines 8 and 9a)
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If the receipts or losses
are $100,000 or greater, the partnership must file electronically.
If not, partnership may file paper return.
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Keep this worksheet with your records.
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