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Massachusetts May Tax Unincorporated Owners and Partners on 401(k)
theworkplace.biz 
[Guidance Overview] Mar. 5, 2008
Excerpt: Starting in 2008, DOR says it will want current taxes from the self-employed and partners ('Unincorporated Owners') on their 401(k) deferrals and matches. For a 50 year old who saves $20,000, that's $1,060 to the Commonwealth at the 5.3% rate. Provided that the Unincorporated Owners keep records, they can then deduct this Massachusetts 'basis' many years later, when they eventually get paid from the plan.
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