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February 20, 2023
Question

Maine Tax question

  • February 20, 2023
  • 1 reply
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I live in Mass, but received rental income from investment property in Maine, do need report that income to Mass?

 

    1 reply

    February 20, 2023

    Yes, you need to report the income on your Massachusetts income tax return and allocate the rental income to Maine. 

     

    If the Maine income tax is higher than the Massachusetts income tax, for the rental income, you may be able to claim a credit for income taxes paid to other states. 

     

    To ensure accurate calculations, always complete the non-resident return first if filing in multiple states because your resident state might give you a credit for any taxes paid in that situation.

     

    Please see, How do I file a nonresident state return?

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