Massachusetts Financial Statement (Long Form) is a document used to report financial information to the Massachusetts Department of Revenue. The Long Form is typically used by businesses, non-profits, and individuals. It includes information such as income, expenses, assets, liabilities, and capital. It includes a balance sheet, income statement, and a statement of cash flows. The Long Form also includes detailed information about the taxpayer's investments, real estate holdings, and other financial assets and liabilities. There are two versions of the Long Form: the Personal Financial Statement and the Business Financial Statement. The Personal Financial Statement is used by individuals and includes detailed information about their income, expenses, assets, liabilities, and capital. The Business Financial Statement is used by businesses and includes detailed information about their income, expenses, assets, liabilities, and capital.