Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
Level 2
posted Apr 8, 2024 10:33:49 AM

Issue with Massachusetts tax calculation when Rolling over 401K

I am using the CD version, and rolled over a 401 to another 401k, which is a non-taxable event.  TT calculates the federal tax correctly, but is calculating the Massachusetts tax by including the rollover amount.  The previous suggestion of entering this amount as a previously taxed works for a Roth rollover, but entering a standard 401k rollover which has not yet been taxed as previously taxed would appear to be illegal.  So how do I get the MA state program to look at the field that says it is a rollover and exclude it from the tax calculation?

0 2195
0 Replies