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-   -   MA state tax interest clarification (https://www.askmehelpdesk.com/showthread.php?t=198576)

  • Mar 25, 2008, 02:44 PM
    margaret rapp
    MA state tax interest clarification
    I have CD interest from Countrywide and Etrade Bank. Is this interest taxed at 5% or 12%or in-state/out of state bank interest? Both have branches in MA. Thanks.
    Margaret Rapp
  • Mar 26, 2008, 06:36 AM
    ebaines
    Heres' an earlier response which indicates that if you can walk into a branch in MA, then you can claim it as in-state bank:

    https://www.askmehelpdesk.com/taxes/...st-177348.html

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