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IndividualsOther businesses and organizations such as corporations & trusts.

A partnership is formed when two or more individuals or organizations decide to lớn go into lớn business together.

A partnership is not directly subject lớn income tax. Instead, each partner is taxed on the their share of the partnership income, whether distributed or not.


Returns are due annually, by of 15th day of the third month after the cthất bại of the partnership"s taxable year, calendar or fiscal. See Technical Information Release (TIR) 17-5.

Partnership must issue Schedules 3K-1 to lớn individual partners. Copies of Schedules 3K-1 must be submitted to the Department of Revenue with Form 3.

The state forms to lớn file are the Form 3 & Schedule 3K-1.

The federal forms lớn file are Form 1065 or 1065B & Schedules K-1.

Refer khổng lồ Technical Information Release (TIR) 16-9 for detailed information about filing requirements. Learn more about electronic payment options.


Form 3


A partnership must annually report the partnership"s income khổng lồ the Department of Revenue on a Form 3, Partnership Return of Income if:

It has a usual place of business in edquebecor.comachusetts, orReceives federal gross income of more than $100 during the taxable year.

Although no tax payments are made with the Form 3, the partnership is subject khổng lồ penalties for failure to file or late filing of this return.

For detailed information on Form 3 or Schedule 3K-1 see the Form 3 Instructions. For additional detail on federal filing obligations, visit the IRS.


Schedule 3K-1


Partnerships must also annually issue a

Schedule 3K-1 khổng lồ each partner, và send a copy to the Department of Revenue.

The following table shows which return each type of partner should use khổng lồ report Schedule 3K-1 income:


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Type of partnerForm to file
Full-year resident individualForm 1
Nonresident/part-year resident individualForm 1-NR/PY
Trust or estateForm 2
Domestic or foreign corporationForm 355
Domestic or foreign corporation (part of a MA combined group)Form 355C
Domestic or foreign S corporationForm 355S
Corporate trustForm 3F

For detailed information on Form 3 or Schedule 3K-1 see the Form 3 Instructions. For additional detail on federal filing obligations, visit the IRS.


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