JohnB5677
Expert Alumni

Retirement tax questions

It is possible.

 

  • Is this from a traditional IRA?
  • If so, you did not get a tax break in Massachusetts for the contribution.
  • You would have to post it to the Massachusetts return, but that contribution will not be taxable when you withdraw it.
  • This does not apply to 401Ks or other employer provided retirement accounts.
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