Massachusetts Department of Revenue
                                                                Form M-990T

                                       Unrelated Business Income Tax Return                                                                                             2020
For calendar year 2020 or taxable year beginning                                                   2020 and ending
Most corporate excise taxpayers, including tax-exempt corporations and trusts, are subject to the electronic filing requirements. See Technical
Information Release 16-9.
Name                                                                    Federal Identification number

Mailing address

City/Town                                                               State     Zip                            Phone number

Name of treasurer                                                       Fill in if a Taxpayer Disclosure Statement is enclosed
							●
Fill in if
●  Amended return (see instructions)   ●  Federal amendment    ●  Federal audit   ●  Final return    ●  Enclosing Schedule FCI
Fill in if
●  501    ●  408(e)     ●  408A   ●  529(a)   ●  220(e)        ●  530(a)
Fill in if
●  501(c) corporation   ●  501(c) trust   ●  401(a) trust     ●  Other

Excise calculation. Use whole dollar method.
1  Unrelated business taxable income (from U.S. Form 990T, Schedule A, line 18) See instructions .................    3 1                                                
2  Foreign, state or local income, franchise, excise or capital stock taxes deducted from U.S. net income .............    3 2                                           
3  Section 168(k) “bonus” depreciation adjustment. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .    3 3  
4  Section 31I and 31K intangible expense add back adjustment. ............................................    3 4                                                       
5  Federal NOL add back adjustment (from U.S. Form 990T, Schedule A, line 17) See instructions ..................    3 5                                                 
6  Section 31J and 31K interest expense add back adjustment ..............................................    3 6                                                        
7  Reserved for future use  ..........................................................................    3 7                                                            
8  Abandoned Building Renovation deduction........................  Total cost                                      × .10 =   3 8  
9  Other adjustments, including research and development expenses (enclose explanation) .......................    3 9                                                   
10  Income subject to apportionment. See instructions ....................................................    3 10                                                       
11  Income apportionment percentage (from Schedule F, line 5 or 1.0, whichever applies). ........................    3 11                                                
12  Multiply line 10 by line 11 ........................................................................    3 12                                                         
13  Income not subject to apportionment ...............................................................    3 13                                                          
14  Add lines 12 and 13 ............................................................................    3 14                                                             
15  Certified Massachusetts solar or wind power deduction .................................................    3 15                                                      
16  Taxable income before net operating loss deduction ....................................................   16                                                         

Declaration
Under penalties of perjury, I declare that to the best of my knowledge and belief, this return and enclosures are true, correct and complete.
Signature of appropriate corporate officer (see instructions)  Date               Phone

Signature of paid preparer                                     Date               Employer Identification number  Address

If you are signing as an authorized delegate of the appropriate corporate officer, fill in oval  ●	and enclose Massachusetts Form M-2848, Power of 
Attorney. The Privacy Act Notice is available upon request. Mail to Massachusetts Department of Revenue, PO Box 7067, Boston, MA 02204.

                                                                                              2020 FORM M-990T, PAGE 2

Name of company                                                  Federal Identification number

Excise calculation (cont’d.)
17  Loss carryover deduction (from Schedule NOL) .......................................................    3 17                
18  Taxable income. Subtract line 17 from line 16  ........................................................    3 18             
19  Multiply line 18 by .08 ............................................................................   19                   
20  Credit recapture (enclose Schedule CRS) and/or additional tax on installment sales. See instructions  ............    3 20  
21  Excise due before credits. Add lines 19 and 20 ........................................................   21                

Credits. Any credit being claimed must be determined with respect to the unrelated business activity being
reported on this return.
22  Total credits. Enclose Schedule CMS ...............................................................    3 22                 

Excise after credits
23  Excise due before voluntary contributions. Subtract line 22 from line 21. Not less than “0” .......................   23    
24  Voluntary contribution for endangered wildlife conservation ..............................................    3 24 
25  Total excise plus voluntary contribution. Add lines 23 and 24 .............................................    3 25 

Payments
26  2019 overpayment applied to 2020 estimated tax  .....................................................    3 26               
27  2020 Massachusetts estimated tax payments (do not include amount in line 26) .............................    3 27          
28  Payment made with extension  ....................................................................    3 28                   
29  Payment with original return. Use only if amending a return  .............................................    3 29          
30  Pass-through entity withholding .....................  Payer Identification number    3                    3 30             
31  Total refundable credits. Enclose Schedule CMS ......................................................    3 31               
32  Total payments. Add lines 26 through 31 .............................................................   32 

Refund or balance due
33  Amount overpaid. Subtract line 25 from line 32  ........................................................   33               
34  Amount overpaid to be credited to 2021 estimated tax  .................................................    3 34             
35  Amount overpaid to be refunded. Subtract line 34 from line 33 ...........................................    3 35           
36  Balance due. Subtract line 32 from line 25 ...........................................................    3 36              
37a  M-2220 penalty  .............................................................................   3 37a                      
37b  Other penalties ..............................................................................   3 37b                     
37  Total penalty. Add lines 37a and 37b  ................................................................   37                 
38  Interest on unpaid balance .......................................................................    3 38                  
39  Total payment due at time of filing  .................................................................    3 39