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aihuaxu
New Member

I sold my rental property in Massachusetts which has been primary home for 2 years in the last 5 years. Do I need to file depreciation recapturing in Mass form and how?

I included depreciation recapturing info and federal tax form is handling properly but I don't see that is included for Massachusetts tax form.
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3 Replies
DianeW777
Employee Tax Expert

I sold my rental property in Massachusetts which has been primary home for 2 years in the last 5 years. Do I need to file depreciation recapturing in Mass form and how?

When you enter your home sale in TurboTax, it does ask for the number if days that was used for other purposes, then it calculates the portion of taxable and tax-free gain.

 

The same amount of taxable gain is carried to the Massachusetts (MA) return as shown on the image below. Also according to the MA instructions for Form 1, it should be included as part of gains and losses carried to Schedule D on the MA return. 

 

 

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aihuaxu
New Member

I sold my rental property in Massachusetts which has been primary home for 2 years in the last 5 years. Do I need to file depreciation recapturing in Mass form and how?

Thanks a lot. Somehow the info is not carried over for my Massachusetts tax form.

aihuaxu
New Member

I sold my rental property in Massachusetts which has been primary home for 2 years in the last 5 years. Do I need to file depreciation recapturing in Mass form and how?

I did find such entry now. Seems I missed it from that long list. Thanks a lot.

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