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April 13, 2025
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"Should this activity be excluded from the Massachusetts return?" As a full-time resident, what, if any activity should I exclude? Royalty payments from another state?

  • April 13, 2025
  • 1 reply
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Specifically, I have a gas well in Kansas that is producing income and I want to know if I should include that in my Massachusetts income. I do know I get a credit for any taxes due to Kansas. Thank you!
    Best answer by MAK70

    In general, residents of Massachusetts must report all income regardless of where it was earned- and you are correct that you can claim the credit for taxes paid to another state so you are not double-taxed.  

    1 reply

    MAK70Answer
    April 13, 2025

    In general, residents of Massachusetts must report all income regardless of where it was earned- and you are correct that you can claim the credit for taxes paid to another state so you are not double-taxed.