"Should this activity be excluded from the Massachusetts return?" As a full-time resident, what, if any activity should I exclude? Royalty payments from another state?
Specifically, I have a gas well in Kansas that is producing income and I want to know if I should include that in my Massachusetts income. I do know I get a credit for any taxes due to Kansas. Thank you!
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1 Best answer
MaryK4
Expert Alumni
Apr 13, 2025 10:10:08 AM
In general, residents of Massachusetts must report all income regardless of where it was earned- and you are correct that you can claim the credit for taxes paid to another state so you are not double-taxed.
1 Replies
MaryK4
Expert Alumni
Apr 13, 2025 10:10:08 AM
In general, residents of Massachusetts must report all income regardless of where it was earned- and you are correct that you can claim the credit for taxes paid to another state so you are not double-taxed.