PDA

View Full Version : Partial MA resident tax on interest income


moon2002
Apr 4, 2008, 08:46 PM
I lived in MA for four months last year. I received interest from a loan to a business in NH, where I lived before moving to MA. Do I need to pay full MA state tax on this income?

Thanks.

Patrick

MukatA
Apr 5, 2008, 12:02 AM
If you are NH resident, then you report full amount on NH tax return. You need not put interest on MA tax return.

moon2002
Apr 5, 2008, 03:40 PM
Thanks for your reply. I am a MA resident filing NR/PR MA tax return now. How does that change things?