https://ttlc.intuit.com/community/taxes/discussion/gains/01/3109715#M1143602 <P>With capital gains in MA what happens with state and federal taxes</P> Tue, 24 Feb 2026 08:03:46 GMT Cohen0261 2026-02-24T08:03:46Z https://ttlc.intuit.com/community/taxes/discussion/gains/01/3109715#M1143602 <P>With capital gains in MA what happens with state and federal taxes</P> Tue, 24 Feb 2026 08:03:46 GMT https://ttlc.intuit.com/community/taxes/discussion/gains/01/3109715#M1143602 Cohen0261 2026-02-24T08:03:46Z https://ttlc.intuit.com/community/taxes/discussion/re-gains/01/3109746#M1143603 <P>Hello&nbsp;<A id="link_6" class="lia-link-navigation lia-page-link lia-user-name-link" href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/5364044" target="_self" aria-label="View Profile of Cohen0261"><SPAN class="">Cohen0261</SPAN></A>,</P> <P>Thanks for asking this question.</P> <P>&nbsp;</P> <P>As for federal tax, long-term capital gain are taxed at preferred rates, whereas short-term gain are taxed at Ordinary rates.</P> <P><A href="https://www.irs.gov/taxtopics/tc409" target="_blank">https://www.irs.gov/taxtopics/tc409</A></P> <P><STRONG>L</STRONG>ong-term capital gains from investments are taxed at 5 percent in Massachusetts, and short-term capital gains are taxed at 12 percent.</P> Wed, 15 Nov 2023 20:33:10 GMT https://ttlc.intuit.com/community/taxes/discussion/re-gains/01/3109746#M1143603 AmitaR 2023-11-15T20:33:10Z