Schedule ABI print requirements

To calculate and print Massachusetts Schedule ABI, Exceptions to the Add Back of Interest Expenses:

In the Organizer
, select States
, then Massachusetts
.

Select Add Back Exceptions
, then Interest Expense
.

Select Add new Related Party Name
and enter the data.

In Tax Forms
, select States
, then Massachusetts
.

Select Sch ABI – Interest Exceptions
, NAME
, then the Sch ABI, Pg2
tab.

In Section Exception 1
, make sure Line 7
has a value.

Do a full recompute, then print the return.

This article applies to: