New 2024 MA Form 1 -Bank Interest
First run of 2024 MA taxes and I'm finding the new form includes MA interest twice. First on Form 1, line 5 then Schedule B carried to Form 1 line 20. Both are taxed at 5% effectively taxing bank interest twice.
First run of 2024 MA taxes and I'm finding the new form includes MA interest twice. First on Form 1, line 5 then Schedule B carried to Form 1 line 20. Both are taxed at 5% effectively taxing bank interest twice.
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