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June 1, 2019
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I live in Florida since 2015, but rent a house in Mass. If I withdraw money from my IRA will I be taxed in Mass?

  • June 1, 2019
  • 1 reply
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Best answer by ToddL

No, if your state of residence is FL.

. Any retirement income you receive (pension or IRA distribution) can only be taxed by your state of residence. Since FL doesn't have an income tax and MA cannot tax your retirement income, you won't owe any state tax on this distribution.

1 reply

ToddLAnswer
Employee
June 1, 2019

No, if your state of residence is FL.

. Any retirement income you receive (pension or IRA distribution) can only be taxed by your state of residence. Since FL doesn't have an income tax and MA cannot tax your retirement income, you won't owe any state tax on this distribution.