Get Form Aa-1 Application For Section 42 Method Of ... - Mass.gov - Mass

The Form AA-1 Application for Section 42 Method of Apportionment is essential for corporations seeking alternative apportionment methods in Massachusetts. This guide will walk you through the process of accurately completing this form to ensure compliance with state regulations.

Follow the steps to successfully complete the form online.

1. Press the ‘Get Form’ button to access the form and open it in your editor for completion.
2. Begin by filling in the registration business code number, which you can find on your U.S. return.
3. Enter your Federal Identification number, ensuring it is accurate and corresponds with your business registration.
4. Provide the full name of the corporation or corporate trust as registered.
5. Fill in the current address of the principal office, making sure to include all relevant details.
6. Indicate the present location of the principal office in Massachusetts.
7. In the appropriate section, state the reasons, supported by detailed facts, explaining why the statutory allocation and apportionment provisions are not suitable for your Massachusetts income.
8. Describe in detail the proposed alternative apportionment method, including a written summary that justifies this approach and attaches necessary documentation.
9. Complete the signature section, including the name, title, and date for the responsible corporate officer, certifying the truthfulness of the application.
10. If applicable, provide the name and signature of the paid preparer.
11. List any authorized representatives or employees who may discuss the form, ensuring a Power of Attorney (Form M-2848) is included if needed.
12. Finally, ensure that the completed application is enclosed with the return and filed together with full payment, addressing it to the Massachusetts Department of Revenue.

Complete your Form AA-1 Application online to ensure a smooth submission process.