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D
dbachofer
April 7, 2025
Question

Massachusetts Dividends from Treasury ETFs

  • April 7, 2025
  • 1 reply
  • 0 views

Are dividends from ETFs that US govt bonds and treasuries exempt from MA taxes?  The percentage of these securities in the ETFs is > 99.9%.

Thanks

    1 reply

    Hal_Al
    Hal_Al
    Employee
    April 7, 2025

    Q. Are dividends from ETFs that US govt bonds and treasuries exempt from MA taxes?

    A. Yes.

    After entering the 1099-DIV, you will be asked if any of the $ are from US Govt.  Manually calculate the amount and enter it.  It will automatically transfer to the state return as a deduction.

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