Rhode Island real estate license reciprocity with MA and CT. A Rhode Island real estate license makes you eligible to be licensed in Massachusetts and Connecticut. Massachusetts and Connecticut have real estate licensing reciprocity agreements with Rhode Island.
Do Massachusetts state employees pay state taxes?
Employees are required to fill out M-4, Massachusetts Employee’s Withholding Exemption Certificate, to be used when calculating withholdings. Massachusetts does not have any reciprocal agreements with any other states. There are no local income taxes in Massachusetts.
Do you need a Massachusetts tax return to work in Rhode Island?
You will need to file a nonresident Massachusetts return to claim the wages and any other income you earned in Massachusetts. You will get a state tax credit in RI for the MA state taxes you paid on your nonresident MA state tax return.
Do you have to file state taxes in Rhode Island?
You may need to file two state tax returns, as well as a federal return, if you live in Massachusetts and work in Rhode Island. Thousands of Massachusetts residents earn wages in Rhode Island, meaning they’re subject to the tax laws of both states.
How to claim Rhode Island tax credit in Massachusetts?
Massachusetts residents must fill out a worksheet to claim a credit for income taxes they paid to Rhode Island. The worksheet compares the Massachusetts tax on the amount of income you earned in Rhode Island to the tax you actually paid to Rhode Island. The credit you’ll receive is the smaller of those two numbers.
What happens if you pay more in Rhode Island than in Massachusetts?
In other words, if you paid more to Rhode Island than you would have paid to Massachusetts, you won’t get a credit for the additional Rhode Island tax. If you paid less to Rhode Island than you would have paid in Massachusetts, you may owe additional tax on that income to Massachusetts.