MA Form 1-NR/PY Schedule B contains, and is where your entries go, for any reported interest income, dividend income, gains and losses on investment income - IF any of these sources of income were "sourced in Massachusetts"
Thus, if you sold a piece of real estate located in Massachusetts, or any personal property in Massachusetts, or if your business activities (if any) were in Massachusetts.
Nonresidents need not file Massachusetts Schedule B if:
? all your interest and dividend income and certain capital gains was from non-Massachusetts
sources;
? all Massachusetts source interest income you
had was from Massachusetts banks and is taxed
at 5.1% (reportable on Form 1-NR/PY, line 7a); or
? your Massachusetts source gross dividend
income was $1,500 or less (reportable on Form
1-NR/PY, line 24 and, if applicable, Schedule C,
line 32).
If this posted response is useful to you, please click on the upraised hand in the lower left of this post. Thank you. Scruffy Curmudgeon--PFFM/ IAFF, retired FireFighter/Paramedic - Locals 718/30, Veteran USAR O3 AIS/ASA '65-'67
NOT INTUIT EMPLOYEE
USAR 64-67 AIS/ASA MOS 9301 - O3
- Just donating my time
**Say Thanks by clicking the thumb icon in the lower left corner -it means nothing but makes those than answer feel wanted.
