Get Form 355q

Form 355q is a crucial document for corporations engaged in manufacturing activities in Massachusetts. This guide provides step-by-step instructions to assist users in filling out the form accurately and efficiently.

Follow the steps to complete the Form 355q online.

1. Click ‘Get Form’ button to download the form and open it in your preferred online editor.
2. Begin by entering the name and address of your corporation, including the federal identification number and the dates and states of incorporation.
3. List all business locations in Massachusetts. For each location, provide the city or town and specify the main activity performed, such as sales, repair, or manufacturing.
4. Enter the address of your principal place of business and any other locations within Massachusetts.
5. Indicate whether your corporation is currently engaged in manufacturing activities in Massachusetts by selecting 'yes' or 'no'. If you select 'no', provide the expected start date for these activities.
6. Describe the principal business activity of the corporation in Massachusetts.
7. Summarize all activities your corporation is involved in outside Massachusetts.
8. Provide detailed information about the manufacturing process on your premises and activities performed by others for a fee.
9. State the total amount paid to employees in Massachusetts and the percentage directly engaged in manufacturing, alongside the total number of employees.
10. Detail the machinery you have in Massachusetts used directly in manufacturing, including condition and original cost.
11. Provide the original cost of any other machinery in Massachusetts not used for manufacturing.
12. State the original cost of total tangible property in Massachusetts and specify if any is leased.
13. Mention the total floor space owned or leased by your corporation and the percentage utilized directly in manufacturing.
14. Include the total gross receipts from Massachusetts activities during the preceding year and the percentage derived from manufacturing.
15. Estimate the total gross receipts for the current year and the manufacturing percentage.
16. State any other relevant facts about your manufacturing activities in Massachusetts to support your classification.
17. In the declaration section, confirm that all information is true and complete, providing the signature of an authorized officer, the date, and the name and contact details of a representative.
18. Finally, save your changes, download or print the completed form, and ensure it is mailed to the Massachusetts Department of Revenue at the specified address.

Complete your Form 355q online today for proper classification of your manufacturing activities.