3627371
I am a resident of CT and work in MA. My income includes:
1. employer wages in MA and
2. Non-MA interest and dividends
I understand that I am taxed for (1) in federal and MA taxes. I am taxed for (2) in federal and CT state taxes. For (2) again, I am not taxed for in MA per Schedule-B of MA 1-NR/PY.
My question is in Line 14 of MA tax form:
14a: is the MA wages from my employer
14e: Should I report interest and dividends earned as a non-MA resident in this line? These amounts are non-MA earnings.
Thanks.
You'll need to sign in or create an account to connect with an expert.
Yes. Line 14 e on the MA NR/PY form 1 is for non-MA income. This number is used to determine the ratio of MA to Non-MA income. That ratio is then applied the MA tax on all income to arrive at the non-resident tax on only MA-income.
Thank you very much. This is what I already did and was just confirming.
Thanks again
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
nirbhee
Level 3
Kimrnmadison
Returning Member
Kimrnmadison
Returning Member
TEAMBERA
New Member
roses0305
New Member