jmp51
Returning Member

State tax filing

I do not feel comfortable providing the file. JDCU/MVCU are an examples of  banks that are in Massachusetts.  In order to get them to appear correctly on the Mass Form 1 I had to choose “My state doesn’t tax all this interest”, when in fact it does. As you can see the sum was reported on Mass Form 1 and categorized on Mass form Int Inc Stmt. As you will also see both AMEX and Pen Air FCU are not reported as Mass interest, when they should be, since I did not check the exclusion box. In summary when I chose the 'exclusion' box the $$ are NOT counted as Mass Interest and when I leave it blank they are. This is opposite to what should be happening. 

jdu ex.pngbox checked.png

 

Mass form Int Inc Stmt.pngMass Form 1.png