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Do you need to report differences between short term capital loss on Federal vs amount reportable on your Massachusetts return? If so how is this calculated?
Do you need to report differences between that short term capital loss reported on Federal form vs amount reportable on your Massachusetts return? If so how is the difference calculated?
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June 4, 2019
2:08 PM
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State tax filing
It depends on what sort of asset sales generated the loss. MA provides some info on Federal vs. MA differences here:
https://www.mass.gov/service-details/learn-about-capitalordinary-gains-and-losses
June 4, 2019
2:08 PM