Get Schedule 1040c-me 2013 Worksheet For Composite Filing Of - Maine.gov - Maine

Filing the Schedule 1040c-me 2013 Worksheet is essential for nonresident owners of partnerships or S corporations in Maine. This comprehensive guide will walk you through each section of the form to ensure accurate completion and compliance.

Follow the steps to successfully complete the Schedule 1040c-me 2013 Worksheet.

1. Press the ‘Get Form’ button to access and open the Schedule 1040c-me 2013 Worksheet in your preferred editor.
2. Begin by entering the entity name and the Federal Employer Identification Number (FEIN) in the designated fields.
3. Input the contact person's first name, middle initial (if applicable), and last name, along with their phone number.
4. Indicate the number of owners participating in the composite filing and the total number of owners of the entity.
5. For line 1, calculate and enter the composite income by summing the positive amounts of Maine income for each participating partner or shareholder. Exclude any losses.
6. On line 2, multiply the income reported on line 1 by 7.95% (0.0795) and enter this amount. This is to be transferred to Form 1040ME, line 20.
7. Ensure all required documentation, including copies of federal Form 1120S or 1065 and the Maine Worksheet, is attached.
8. Review all sections for accuracy before finalizing. Save your changes, and choose to download, print, or share the completed form as needed.

Complete your documents online and ensure accuracy in your filing today.