Schedule U-CS: Credits Shared from Other Members (2025)
Massachusetts · Massachusetts DOR · Used for tax years 2025
Massachusetts Schedule U-CS reports credits a corporation uses from another member. It identifies the corporations involved, the type of credit claimed, the earliest period end date to which the credits relate, the certificate number, and the amount shared for all years.
Who files this form
The 2025 Schedule U-CS is for a member using tax credits shared by another member. It identifies the member using the credits, the member whose credits are being used, and the principal reporting corporation.
What you'll need
Have the information requested on the form ready:
- Names and federal identification numbers for the member using the credits, the member whose credits are being used, and the principal reporting corporation.
- The calendar year or taxable period and tax type.
- The type of corporation, if taking the investment tax credit (ITC).
- The type of credit being claimed and its certificate number.
- The earliest period end date to which the shared credits relate.
- The amount of credit being shared between the corporations for all years.
How to file
File electronically. The 2025 form states that paper returns will not be accepted.
For questions about electronic filing, call 617-887-6367. See the Massachusetts DOR electronic filing and payment requirements for further information.
Common mistakes
- Do not submit a paper return. The form is e-file only, and paper returns will not be accepted.
- Do not select multiple credit types. The form says to choose only one type of credit being claimed.
Questions people ask
Can I file a paper Schedule U-CS for 2025?
No. The form requires electronic filing and says paper returns will not be accepted.
Can I select more than one credit type?
No. The form says to choose only one credit type.
What date goes on line 1?
Enter the earliest period end date to which the credits being shared relate.
What goes on lines 2 and 3?
Line 2 asks for the certificate number for the type of credit being claimed. Line 3 asks for the amount of credit being shared between the corporations for all years.