DawnC
Employee Tax Expert

Retirement tax questions

Did it show taxable on your federal return - MA treats IRA distributions similarly to the IRS.  A Roth distribution is non-taxable in MA only if

 

  • You are over 59.5 years of age and
  • The account has been open for 5 years

If both of those are true, go back and check your 1099-R entry in the federal section and let us know what code(s) is in Box 7.

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