DaDa
New Member

Can you explain how the Massachusetts Retirement Reduction is calculated from a 401K contribution reported on a W2, when there is no 1099R?

 

Retirement tax questions

401k contributions made pre-tax do not count as taxable income in MA (same as federal treatment). MA allows a deduction (up to $2000) for amounts contributed to Social Security and Medicare - there is no other deduction for 401K contributions.

DaDa
New Member

Retirement tax questions

Thank you.  That explains it!