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My income from the sale of stocks was counted in my MA tax return but I did not realize that income or conduct the transaction in MA. Should that income be claimed in MA

the stock sale was conducted in the state in which I was a resident, NH.
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AmandaR1
New Member

My income from the sale of stocks was counted in my MA tax return but I did not realize that income or conduct the transaction in MA. Should that income be claimed in MA

No, you did not need to report your stock sales in MA. Your resident state will automatically consider you stock sales (but of course NH does not tax this - only interest & dividends).

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1 Reply
AmandaR1
New Member

My income from the sale of stocks was counted in my MA tax return but I did not realize that income or conduct the transaction in MA. Should that income be claimed in MA

No, you did not need to report your stock sales in MA. Your resident state will automatically consider you stock sales (but of course NH does not tax this - only interest & dividends).

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