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The Maine corporation combined return is prepared for calendar, fiscal and short year corporations. Using entries from the federal tax return, apportionment interview forms and Maine input forms, the following forms and schedules are prepared for the Maine combined return:
A copy of the federal consolidated tax return is attached to the Maine combined return.
A unitary business group filing a combined return must include all unitary business members. Affiliated businesses that are not part of the unitary business group, which were formerly included on Schedule CB prior to 2001, are not to be included in the combined report.
The Maine combined tax return is processed essentially in the same manner as the federal consolidated return. Each separate unitary member of federal consolidated group must be processed before processing the Maine combined group. In addition, each non-consolidated unitary member filing a separate return should be entered in Maine
Indicate on Federal
Various options on federal
Overrides for the name, address and federal employer identification number for the common parent corporation may be entered on Federal
For combined returns, some information can be entered at the separate company return level and other information should be entered on the combined unit. Items designated with CC on the following regular Maine Corporation Interview Forms are allowable entries in the combined return.
Information used to prepare underpayment penalty on Form 2220ME, and late payment interest and penalty must be entered on the federal input sheets in the combined unit.
Apportionment information is required in Form CR, column 9 for all the corporations involved in the Maine combined return. For Maine combined report purposes, Schedule A, lines 12, 13 and 14 should be entered at the separate company level even if the corporation is a domestic corporation doing business entirely in the state of Maine. Enter apportionment information at the separate company level if the return is included in federal consolidated return or enter the required apportionment information in Maine
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