I recently bought a condo in NH and received the 1098 form for my mortgage. However, I work in MA. I also am holding some stocks and bonds that I have made dividends on and interest on in the past year. Do I need to file my taxes in both Massachusetts and New Hampshire, or do I only need to file my taxes in one of those states?
You'll need to sign in or create an account to connect with an expert.
Yes, you will need to file in both states. All investments are reported to your state of residence. In your case, that would be New Hampshire. TurboTax Online Deluxe or higher can file up to 5 states.
Be sure to enter the nonresident state, Massachusetts, first, when you start the state section. You may wish to notify your employer to withhold New Hampshire tax.
For more details, see How do I file a nonresident state return?
[Edited 02/01/2021 | 10:23 AM PST]
Thank you for answering my questions Kathryn! Must I report all my earnings to my state of residence even if New Hampshire is a non-income tax state?
No, if your state of residence does not tax income, you would only have to file the Massachusetts Nonresident tax return.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
melpaw57
Level 3
za04580
New Member
Denamc04
New Member
dbt1955
New Member
Chetty
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.