Skip to main content
February 6, 2020
Question

If I have interest income 1099-INT from a bank outside of my resident state, does MA still tax , doesn't tax all (partial) of the interest or "none of these apply" box

  • February 6, 2020
  • 1 reply
  • 0 views
No text available

1 reply

February 10, 2020

Income received as a resident, even if interest from an out of state bank is taxable in MA.

Please note however that MA does allow an up to $200 interest exclusion from MA State banks.

What is Meant by MA Bank Interest 

 

Edited 2/10/2020|11:04AM