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Use Schedule MA-A to claim the agriculture credit, which is available for taxable years beginning after December 31, 2012. The credit is applicable to various entities including individuals, estates, trusts, partnerships, corporations, and tax-exempt organizations. It must be claimed within four years of the due date of the return, and any unused credit may be carried forward for up to 15 years.
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What is schedule ma-a?
Schedule MA-A is a form used to report Massachusetts adjusted gross income and certain adjustments to income for individuals filing their state tax returns.
Who is required to file schedule ma-a?
Individuals who are filing a Massachusetts personal income tax return and have income or adjustments that need to be reported on Schedule MA-A are required to file this schedule.
How to fill out schedule ma-a?
To fill out Schedule MA-A, taxpayers must enter their income amounts, adjustments, and any modifications as specified in the instructions provided for the form. Detailed guidance can be found in the Massachusetts Department of Revenue publications.
What is the purpose of schedule ma-a?
The purpose of Schedule MA-A is to calculate and report adjustments to gross income for Massachusetts income tax purposes, ensuring accurate state tax liability.
What information must be reported on schedule ma-a?
Schedule MA-A requires reporting of various sources of income, adjustments, and modifications, including but not limited to, wages, interest, dividends, and other specific income types, as well as deductions allowed under Massachusetts tax law.
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