Schedule DRE: Disclosure of Disregarded Entity (2024)
Massachusetts · Massachusetts DOR · Used for tax years 2024
Massachusetts Schedule DRE discloses a disregarded entity for 2024. It reports taxpayer and entity identification details, the entity’s address and organization date, its effective date as a disregarded entity, and whether it is a QSUB.
Who files this form
For filers of a combined report (Form 355U), Schedule DRE is required only if the owner of the disregarded entity is a taxable member of the group.
What you'll need
Have the following information ready to complete Schedule DRE:
- Taxpayer’s name and taxpayer identification number.
- Type of return filed by the taxpayer.
- Whether the disregarded entity is a QSUB.
- Disregarded entity’s name and taxpayer identification number, if applicable.
- Disregarded entity’s address and phone number.
- Date of organization and effective date as a disregarded entity.
- Taxable year beginning and ending dates, if not using calendar year 2024.
Common mistakes
Do not assume every combined report filer must complete this schedule. The notice for Form 355U filers says Schedule DRE is required only if the disregarded entity’s owner is a taxable member of the group.
Questions people ask
What tax year does this version cover?
The form is for calendar year 2024 or a taxable year beginning in 2024, with spaces to enter the beginning and ending dates.
Which return types are listed on Schedule DRE?
The form lists 355, 355S, 355U, 63 FI, and Other.
Does the disregarded entity need a taxpayer identification number on the schedule?
The form asks for the disregarded entity’s taxpayer identification number if applicable. It also has a separate field for the taxpayer’s identification number.
How do I indicate that the disregarded entity is a QSUB?
Fill in the indicator labeled “Fill in if disregarded entity is a QSUB.”