How do I get the Mass bank interest deduction?

[JohnW222]

When you enter the interest on your federal return, you will see a screen that asks, "Do any of these uncommon situations apply?"

Select the box that says, "My state doesn't tax all of this interest" and continue.

Just FYI:  If you'll click the "Learn more" link next to the option, you'll see an article titled "Handling interest in ME, MD, MA, NH, NJ, TN, and WV."  This article tells you:

Whether you’re a full-time or part-year Massachusetts resident, check the special handling box and in the drop-down list select Massachusetts for interest you received from a bank, credit union, or savings and loan association located in Massachusetts. This interest may be partially excluded from adjusted gross income on your Massachusetts return. This amount will be added to the proper form for you on your state return.

If you’re a Massachusetts nonresident, check the special handling box and select Massachusetts for interest, which is directly connected with business activity in Massachusetts.

[Marleys_ghost]

Thank you. However, I received an interest statement from Bank of America. My account is with a local branch in Massachusetts but the statement shows the main Wilmington, DE address of BofA, not the Massachusetts address of my local branch. Does this special tax handling still apply?

[ad1234]

Any response to the above? It is not clear to me either whether the important address is my residency or the address listed for the financial institution

[WendyN2]

No, for this type of interest income you would use the address of your "home branch" - meaning the branch that you opened the account at, which for the most part would be your local branch and you would specify that it is MA interest income.

[ishara777]

My wife has a money market account from Fidelity brokerage services. Form 1099-INT identify Payer's Name and Address as following:
NATIONAL FINANCIAL SERVICES LLC
499 WASHINGTON BLVD
JERSEY CITY, NJ 0731

We are massachusetts residents.  Can we select the option "My state (ME, MD, MA, NH, NJ, or WV) doesn't tax all of this interest" even though 1099-INT payers adress in a different state?

[HopeS]

As a Massachusetts resident, all your income including interest from your money market is taxable in Massachusetts. Massachusetts gross income includes interest income from state and local obligations to the extent such interest is excluded from federal gross income. Massachusetts gross income doesn't include interest income from obligations issued by  Massachusetts or any political subdivision.

See MA filing requirements for Interest and Dividend

@ishara777