Form 355SBC Small Business Corporation Excise Return Registration Principal business address 2 3 Date of charter in Massachusetts 4 3 Fill in if Amended return Department of 2018 and ending Name of corporation 1 Kind of business Massachusetts Revenue domestic corporations only For calendar year 2018 or taxable year beginning Federal business code Federal Identification number FID City/Town State Zip 3 3 Average number of employees in Massachusetts 5 3 U.S. tax return filed Final return Other Use whole dollar method 11. Taxable Massachusetts tangible property if applicable from line 19e. 3. 0026 3 1 12. Taxable net worth if applicable from line 25c. 3. 0800 3 3 Computation 14. Total excise. Add line 3 to either line 1 or line 2 whichever applies. 4 15. Minimum excise cannot be prorated. 5 16. Excise due before voluntary contribution line 4 or line 5 whichever is larger. 6 17. Voluntary contribution for endangered wildlife conservation. 3 7 18. Excise due plus voluntary contribution* Add....

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How to fill out the MA DoR 355SBC online

Filling out the Massachusetts Department of Revenue Form 355SBC online can streamline the process of reporting your small business corporation excise return. This guide provides clear instructions to assist users in completing each section effectively.

Follow the steps to complete the MA DoR 355SBC online.

  1. Press the ‘Get Form’ button to access the 355SBC form and open it in your preferred editor.
  2. Enter the name of your corporation in the designated field along with the Federal business code. Make sure to include your Federal Identification number (FID) and the principal business address with city, state, and zip code.
  3. Provide details about the kind of business you operate and the date your charter was established in Massachusetts. Also, indicate the average number of employees your corporation has within the state.
  4. Select whether you are filing an amended or final return, and specify the type of U.S. tax return that you have filed (1120 or other).
  5. Complete the computation section by entering your taxable Massachusetts tangible property, taxable net worth, and Massachusetts taxable income in the appropriate fields.
  6. Calculate the total excise by adding your taxable income to either your taxable tangible property or taxable net worth, and determine the minimum excise due.
  7. List any prepayments, including amounts from prior year overpayments and estimated tax payments, then calculate the total refunds or taxes due.
  8. Conclude the tax due section by entering the necessary penalties and interest, leading to your total payment due.
  9. Sign and date the form as the appropriate officer of the corporation, and if applicable include the signature of the preparer along with their details.
  10. Once completed, review your information for accuracy, then save changes, download, print, or share the form as required.

Start filling out your MA DoR 355SBC online today for an efficient filing experience.

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