Schedule U-E: Massachusetts Unitary or Affiliated Group Income (2024)
Massachusetts · Massachusetts DOR · Used for tax years 2024
Schedule U-E reports a Massachusetts unitary or affiliated group's income, deductions, and Massachusetts adjustments for its combined report. It also reports worldwide property, wages, and receipts used for apportionment.
Who files this form
Schedule U-E reports Massachusetts income for a unitary or affiliated group. The form covers financial, non-financial, and mixed groups and asks for the name of the principal reporting corporation.
What you'll need
Have the following information ready to complete the schedule:
- The principal reporting corporation’s name, Federal Identification number, PBA code, and unitary business identifier.
- The group type and whether any group income is taxable in another state.
- Group income and deduction figures, including the net gain or loss from Form 4797, if applicable.
- Figures for Massachusetts income adjustments and deductions listed on the form.
- Members’ worldwide property, wages, and receipts for Part 2, plus applicable financial institution amounts.
- For financial institution and mixed groups, the method used to allocate income from investment and trading assets to Massachusetts: average value or gross income.
How to file
File electronically. The form states that paper returns will not be accepted.
For questions about electronic filing, call 617-887-6367. See the Massachusetts DOR e-filing and payment requirements for more information. The form also refers filers to TIRs 16-9 and 21-9.
Common mistakes
- Sending a paper return: The form is e-file only. Paper returns will not be accepted.
- Selecting multiple group types: Check only one: financial, non-financial, or mixed.
- Using the wrong sign on line 29: Enter decreases to allowable deductions as a negative.
- Entering a negative amount on line 35: The form says not to enter less than zero.
Questions people ask
What tax period does this version cover?
The form is for calendar year 2024 or a taxable period beginning in 2024. It provides spaces for the beginning and ending dates.
What does Part 1 calculate?
Part 1 calculates taxable income, including Massachusetts adjustments and deductions. Line 30 reports total Massachusetts income for the combined report.
What is reported in Part 2?
Part 2 reports apportionment denominators, including members’ worldwide property, wages, and receipts.
How do I calculate worldwide group receipts on line 63?
Non-financial groups combine lines 59 through 62. Other groups combine lines 45 through 62.
What do I enter on line 34 if line 31 is zero or positive?
Enter zero. For other situations, line 34 directs you to the instructions, which were not provided with this form text.