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Retirement tax questions
If you are under 59 1/2 and take a distribution from your Roth IRA - what amount is taxable on the Massachusetts tax return?
Is it the same as federal (gross distribution less contributions - excess taxable (assuming held 5 years plus)
or is it the entire gross distribution because you are under 59 1/2.
the MA website is not clear to me.
Thanks for your help.
‎January 11, 2021
10:28 AM