Massachusetts 2010: Contracts and Straddles

You may be affected if ALL of the following are true:

• You filed a 2010 Massachusetts Income Tax Return prior to September 21, 2011; AND
• You had Contracts and Straddles reported on your Federal Schedule D, Line 4c (short- term gain or loss); AND
• This amount was not reported on your Massachusetts, Schedule B, Part 2, first field ‘a’ (short-term capital gains)

If you are affected, you may have underpaid or overpaid your state tax. You will need to amend your state tax return.

If you need to contact us, please use the phone number in the email from TurboTax and tell the representative you’re calling about Massachusetts 2010: Contracts and Straddles.

Let us do the work for you. We highly recommend this.

1. Please download and print this Authorization Form.
2. Complete the form and fax it to us at the number printed at the top of the form.
3. A TurboTax representative will contact you (within 15 days) when your corrected return is ready to be securely emailed back to you.
4. You can print, sign and mail the corrected return to the Massachusetts Department of Revenue.

Or you can make the corrections yourself. However, the amend process can be complex. 

• To do it yourself, please follow these step-by-step instructions.
• If you need assistance, call us at the phone number in the TurboTax email.