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dbachofer
New Member

Massachusetts Dividends from Treasury ETFs

Are dividends from ETFs that US govt bonds and treasuries exempt from MA taxes?  The percentage of these securities in the ETFs is > 99.9%.

Thanks

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1 Reply
Hal_Al
Level 15

Massachusetts Dividends from Treasury ETFs

Q. Are dividends from ETFs that US govt bonds and treasuries exempt from MA taxes?

A. Yes.

After entering the 1099-DIV, you will be asked if any of the $ are from US Govt.  Manually calculate the amount and enter it.  It will automatically transfer to the state return as a deduction.

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