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Get your taxes done using TurboTax
To understand all of your income listed and the tax treatment, please View tax treatment of retirement plan contributions and distributions.
MA does not allow the federal IRA deduction but instead taxes it. So, if you lived in MA the whole time, the entire amount paid in would be the basis. If you lived elsewhere, it would not be the same. See Massachusetts Taxable IRA distributions - TurboTax Support for more details.
First question: Other contributions - everything you ever contributed while living in Mass.
Second question: Total distributions - everything you took out of your IRA accounts.
Difference in them is the key to the meter amount changing.
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‎April 7, 2022
8:54 PM