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Screen MAAdj - Massachusetts Adjustments to Income (1040)
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Overview
Use this screen to calculate Massachusetts adjustments to federal AGI.
Interest and Dividends
Information in this section is used to complete Massachusetts Schedule B.
The information entered in the
Seller Financed Mortgage
statement dialog attached to federal B&D Screen and in the Interest
and Dividends
statement dialogs attached to federal B&D, Broker, K1, and K1T Screens is used to calculate Massachusetts interest and dividend income.F/S codes used in the
Interest
or Dividends
statement dialogs will require manual adjustments using the Other inclusions
or Other exclusions
statement dialogs on this screen.Other inclusions
Enter amounts not entered elsewhere to be included in Massachusetts Schedule B, line 3, in the statement dialog. UltraTax CS also includes those amounts entered in Screens MAC, MAF, and MA4835,
Other income
fields that are indicated as being 12% inc
in the statement dialogs in these input screens.Interest and dividends taxed directly to Massachusetts estates and trusts
Enter the amount reportable on Schedule B, Part 1 for interest and dividends income that has already been taxed on Form 2, Massachusetts Fiduciary Income Tax Return. For a detailed discussion of trust / estate coding, refer to the overview for MAK1T Screen. Amounts entered in this field transfer to Massachusetts Schedule B, Part 1.
Other exclusions
Enter the amounts for other interest and dividends income to be reported as excluded amounts on Schedule B, Part 1. UltraTax CS automatically reports as excluded amounts on Schedule B, Part 1 the interest from U.S. obligations and interest from Massachusetts municipal obligations.
Income and Adjustments
Information entered in this section is used to complete Form 1 or 1-NR / PY.
Modified AGI, Form 8582, Part II (Force)
UltraTax CS defaults to using federal modified adjusted gross income in the calculation of passive activity loss limitations (Form 8582, Part II). You may override the federal amount in this field, if needed.
Pensions and annuities - adjustments
Enter the description and the amount of any adjustments to the calculated amount for taxable pensions in the statement dialog attached to this field. Enter amounts as positive numbers to increase the taxable amount reported on Form 1 or 1-NR / PY and as negative numbers to decrease the taxable amount reported on Form 1 or 1-NR / PY.
For residents, if no amounts are entered in this statement dialog, UltraTax CS calculates the taxable pensions from amounts entered in federal 1099R Screen with a state use code of blank. For part-year residents and nonresidents, UltraTax CS defaults to amounts with postal code
MA
.Nontaxable pensions (Force)
Enter information in the statement dialog attached to this field to force a statement detailing nontaxable pensions that is different from the calculated amount. If this statement dialog is blank, UltraTax CS produces a statement at print time, listing the payer and the federally taxable amount of items from federal 1099R Screen with a state use code of
69
.Price of winning Massachusetts lottery ticket
Deduct only the price of the winning lottery ticket.
Other income - winnings, fees, other 5.05% income
Information from the
Other income
statement dialog in federal Income Screen transfers to this statement dialog with the exception of items coded as Itemized deduction recoveries.If the Massachusetts amount differs from the federal amount, enter the correct amount in the
MA Amount If Different
column.Amounts in this statement dialog are reported on Schedule X, with the following exceptions:
- Amounts coded in federal Income Screen as state lottery with postal codeMAare reported directly on Form 1 or 1-NR/PY.
- Amounts coded in federal Income Screen as taxable scholarship, household employee income, workfare payments, ordinary income from stock options, or excess salary deferrals are reported on Form 1 or 1-NR/PY as wages.
IRA and Keogh distributions received in
2024
: Subject to recovery of contributions (Force): Taxpayer / SpouseThe Massachusetts Taxable IRA and Keogh Plan Distributions Worksheet, line 1, automatically includes the box 1 Gross distribution amount (less the amount in the
Amount of rollover
field if not converting from traditional IRA to Roth IRA) from units of federal 1099R Screen that meet any of the following conditions when the state use code is not
10, Distribution is not subject to recovery of contributions.- State use code is1(IRA) or16(Keogh).
- In box 7, theIRA / SEP / SIMPLEcheckbox is marked, and the code in theDistribution codefield is not R, Recharacterized IRA contribution.
- In box 7, theDistribution codefield is marked as J, Early distribution from a Roth IRA.
Use these fields to force the amount to include on Massachusetts Taxable IRA and Keogh Plan Distributions Worksheet, line 1.
note
- Distributions from Roth IRAs are usuallynotreportable on the Massachusetts Taxable IRA and Keogh Plan Distributions Worksheet if the taxpayer meets age and holding period requirements (or other similar requirements). UltraTax CS omits the box 1 Gross distribution amount from the worksheet when theIRA / SEP / SIMPLEcheckbox in federal. 1099-R Screen is blank, unless the related box 7, Distribution code is J, Early distribution from a Roth IRA.
- Form 1099-R instructions indicate that theIRA / SEP / SIMPLEcheckbox in box 7 is not required for Roth IRA distributions. However, if the distribution amount from a Roth IRA is includible on the Massachusetts Taxable IRA and Keogh Plan Distributions Worksheet, you may include the box 1 Gross distribution amount on line 1 by marking theIRA / SEP / SIMPLEcheckbox or entering1in theState Usefield in federal 1099R Screen.
IRA and Keogh distributions received in
2024
: Not subject to recovery of contributions (Force): Taxpayer / SpouseMassachusetts Taxable IRA and Keogh Plan Distributions Worksheet, line 7b automatically includes the box 1, Gross distribution amount from units of federal 1099R Screen for which State Use code is
10
(Distribution is not subject to recovery of contributions).Use this field to force the amount to include on Massachusetts Taxable IRA and Keogh Plan Distributions Worksheet, line 7b.
Previously taxed contributions to IRA or Keogh
Enter any IRA or Keogh contributions made in prior years that have been taxed previously. These amounts are used in calculating the taxable amount of any IRA / Keogh distributions on the Massachusetts Taxable IRA / Keogh Plan Distribution Worksheet.
Prior year distributions from IRA or Keogh
Enter any distributions made from an IRA or Keogh in prior years. These amounts are used in calculating the taxable amount of any IRA / Keogh distributions on the Massachusetts Taxable IRA / Keogh Plan Distribution Worksheet.
Nondependent Information - Dependent Care and EIC
Information entered in this section is used to complete Schedule DI.
Qualifying nondependent information
UltraTax CS transfers data from the
Qualifying person information for nondependents
statement dialog in federal Cr Screen to this statement dialog. Enter the taxpayer’s relationship to the qualifying nondependent in order to complete Schedule DI. Any information entered in this statement dialog is reported on Schedule DI.note
The Massachusetts Department of Revenue requires the completion of Schedule DI, Dependent Information, to report qualifying dependents in conjunction with amounts reported on the main tax return for dependent exemption, dependent care expenses deduction, household member deduction, or Earned Income Credit. Enter all
Dependent information
in the appropriate statement dialog in federal 1040 Screen to complete Massachusetts Schedule DI when required. UltraTax/1040-MA prints Schedule DI when the dependent exemption, dependent care expenses deduction, household member deduction, or Earned Income Credit (with qualifying children) is claimed on the return or when information is entered in this statement dialog.