Section 125-813-.03 - INCOMEThe income of the taxpayer is equal to the taxpayer's federal adjusted gross income increased by:
A. Certain trade and business losses; capital losses; any net loss resulting from combining the income or loss from rental real estate and royalties, the income or loss from partnerships and S corporations, the income or loss from estates and trusts, the income or loss from real estate mortgage investment conduits and net farm rental income or loss; any loss associated with the sale of business property; and farm losses included in federal adjusted gross income;B. Interest that is not included in federal adjusted gross income;C. Social security and railroad retirement benefits that are not included in federal adjusted gross income; andD. Certain amounts deducted in arriving at federal adjusted gross income pursuant to 36 M.R.S. §5219- KK(1)(D)(4).18-125 C.M.R. ch. 813, § .03