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Software issue
In the 2024 premium edition, all of the Massachusetts bank interest is included in the final determination of taxable state income. The exemption for the first $200 of interest in Massachusetts banks is not deducted from the final taxable total, even though the checkboxes for certain states is checked when entering the interest figures from the financial institution.
This leads to paying more taxes than you should!!
‎February 2, 2025
11:04 AM