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msf1
New Member

Massachusetts is showing a SEP distribution as taxable and it is not. I entered it correctly under my federal data. How do I correct this? TIA.

 
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1 Reply
JohnB5677
Expert Alumni

Massachusetts is showing a SEP distribution as taxable and it is not. I entered it correctly under my federal data. How do I correct this? TIA.

You must enter your Massachusetts previously taxed contributions. This question will appear in the Massachusetts interview. 

 

Distributions in excess of Massachusetts's previously taxed contributions (before January 1, 1988), are taxable.

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