- 1 What if I live in MA but work in RI?
- 2 Does MA and RI have reciprocity?
- 3 Is it cheaper to live in RI or MA?
- 4 What states have reciprocity with Massachusetts?
- 5 Are taxes higher in Rhode Island or Massachusetts?
- 6 Is Rhode Island better than Massachusetts?
- 7 How big are the companies in Rhode Island?
- 8 Do you have to file taxes in Massachusetts if you work in Rhode Island?
- 9 Can you get a job in Rhode Island?
- 10 How to claim Rhode Island tax credit in Massachusetts?
What if I live in MA but work in RI?
Thousands of Massachusetts residents earn wages in Rhode Island, meaning they’re subject to the tax laws of both states. If you live in Massachusetts but commute to a job in Rhode Island, you don’t have to pay income taxes on the same earnings to both states — but you may need to file tax returns in both.
Does MA and RI have reciprocity?
Mass and Rhode Island do not have a tax reciprocity agreement, but Mass will allow you take a credit on your Mass resident tax return for the tax you pay to Rhode Island. You file Mass resident return and Rhode Island non-resident return.
Is it cheaper to live in RI or MA?
Some people would pay more in MA, others would pay more to RI. Income taxes are basically a wash if you live in MA and work in RI. Cost of housing is usually lower in RI. Here’s a link to an actual study on the relative cost of living in each state (spoiler alert, Massachusetts is more expensive than RI).
What states have reciprocity with Massachusetts?
Massachusetts has reciprocity with the following states:
- New Hampshire.
- North Carolina.
Are taxes higher in Rhode Island or Massachusetts?
Other New England states ranked higher than Massachusetts as well, including Vermont at 10.75%; Maine at 10.50%; Connecticut at 10.44% and Rhode Island at 9.69%. Only New Hampshire ranked lower with 6.84%. It ranked 46th. Massachusetts had a tax burden of 8.77%, according to the study.
Is Rhode Island better than Massachusetts?
Rhode Island is the second best state in New England, after Massachusetts. We have great beaches, great food, and great travel times (30 minutes is a ‘far drive’).
How big are the companies in Rhode Island?
For this report, we looked at the companies headquartered in Rhode Island with at least 100 employees. That left us with 167 companies. We then ranked each company from most to least current employees to determine the biggest companies in Rhode Island.
Do you have to file taxes in Massachusetts if you work in Rhode Island?
Tax Law if You Work in Rhode Island but Live in Massachusetts. 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.
Can you get a job in Rhode Island?
If you live in Rhode Island and you’re looking for a job, you have come to the right place.
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.