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According to the Mass Dept of Revenue, if a bank has a branch location in the state of Massachusetts then it is considered a Massachusetts bank for Massachusetts income tax purposes. Consequently Bank of America would be considered a MA bank.
I hope this helps. Thank you for using TurboTax.
According to the Mass Dept of Revenue, if a bank has a branch location in the state of Massachusetts then it is considered a Massachusetts bank for Massachusetts income tax purposes. Consequently Bank of America would be considered a MA bank.
I hope this helps. Thank you for using TurboTax.
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