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February 23, 2021
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MA Capital Gains and Losses Summary; Filing as a part year resident.

  • February 23, 2021
  • 1 reply
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I am filing as a part year resident because I was living in MA until the end of Feb 2020. I moved to VA, and started delving in stocks like a lot of people around Mid-March. I assume that all the stocks sales I made would constitute to as a "Non-Massachusetts Source".

    Best answer by ErnieS0

    Yes. Part-year residents are taxed on income received while in that state. If you did not sell any stock while living in Massachusetts, then all your stock sales will be “Non-Massachusetts Source.”

    1 reply

    ErnieS0Answer
    February 23, 2021

    Yes. Part-year residents are taxed on income received while in that state. If you did not sell any stock while living in Massachusetts, then all your stock sales will be “Non-Massachusetts Source.”

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