Re: MA bank CD interest

Does MA have two tax rates for MA bank CD interest? MA DOR Directive 86-38 lists a 5% tax for a CD less than $100,00, and a 10% tax for a CD more than $100,000.

Has Directive 86-38 been updated?

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I understand that the NH Interest and Dividends tax was repealed starting in 2025. Why is Turbotax asking me to fill out a NH State tax return?

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