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Employee
April 10, 2024
Question

MA resident working in CT NR/PY 2024 form

  • April 10, 2024
  • 1 reply
  • 0 views

 I know you need to complete the CT  form before finishing your MA taxes in order to get the figure for the total tax paid to CT, which Turbo Tax states is not what is listed on your W2 but where exactly do you get the 5% total income figure from? Line 7 of the CT NR/PY Form? Directly from your W2 from CT or what? 

    1 reply

    AmyC
    Employee
    April 15, 2024

    If your income is all from the w2, that is 5% income but not the taxable amount. You can look at the MA return for taxable income.

     

    Follow these steps to locate your tax liability for MA 

    1. Log into your return
    2. Select state taxes
    3. Enter the non-resident MA  for which you need the liability
    4. On the left, go to Tax Tools
    5. Select Tools
    6. Select View Tax Summary
    7. You will see Summary of your MA Return at the top.
    8. Locate the line that says Taxable Income
    9. Locate the line that says Total Tax
    10. Note those numbers

     

    Some states tax income the federal does not. For example: NJ taxes money you set aside in your retirement plan. Each state has different rules. 

     

     

    You get credit for the lower state tax on the lowest taxable amount.

    • Each state calculates taxable income differently. 
    • Each state has its own tax rate/ system.
    • You get the lowest of both categories as a tax credit.
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