I work in MA and live in NH, do I need to file a Schedule B in MA?

[liam-b-obrien]

I live in New Hampshire and work in Massachusetts.  I am filing a nonresident MA tax return.  On my federal return, I have more than $2000 in ordinary dividends from ETF investments (not specifically from MA).  Do I need to file a Schedule B form in MA (interest and dividend income)?  

[ScruffyCurmudgeon · Accepted solution]

MA Form 1-NR/PY Schedule B contains, and is where your entries go, for any reported interest income, dividend income, gains and losses on investment income - IF any of these sources of income were "sourced in Massachusetts"  

Thus, if you sold a piece of real estate located in Massachusetts, or any personal property in Massachusetts, or if your business activities (if any) were in Massachusetts.

Nonresidents need not file Massachusetts Schedule B if: 

? all your interest and dividend income and certain capital gains was from non-Massachusetts sources; 

? all Massachusetts source interest income you had was from Massachusetts banks and is taxed at 5.1% (reportable on Form 1-NR/PY, line 7a); or

 ? your Massachusetts source gross dividend income was $1,500 or less (reportable on Form 1-NR/PY, line 24 and, if applicable, Schedule C, line 32).

[liam-b-obrien]

Thanks Scruffy.  I was relatively sure that the 'sourced in MA' meant it should not be, but great to have confirmation.

[ScruffyCurmudgeon]

most welcome