Massachusetts State Tax Guide

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mass state income tax

The first is to live in Massachusetts for the entire tax year, while the second is to maintain a home in Massachusetts and spend at least 184 days of the tax year in the state. Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page.

Under the tax relief bill, the estate tax exemption increases from $1 million to $2 million. That means estates valued at under $2 million won’t be taxed by Massachusetts. Understanding your tax obligation and potential federal deductions you can take.

Lead Paint Removal Tax Credit

The largest project featured a developer turning a former vacant nursing home across from the high school into 53 housing units, including 10 affordable ones. With the enactment of the FY2024 budget, monthly revenue benchmarks were developed for the August 2023 through June 2024 period. The Massachusetts Legislature has enacted significant tax reform legislation, which Gov. Healey signed after the House of Representatives and Senate reconciled their versions in a conference committee report. The new law, which had been before the Legislature for approximately 20 months and across two governorships, includes significant tax changes, largely in the form of reduced taxes, for both individuals and corporations. Katelyn has more than 6 years’ experience working in tax and finance. She believes that knowledge is the key to success and enjoys helping others reach their goals by providing content that educates and informs.

mass state income tax

Wealthier taxpayers may also see savings under the proposed estate tax cut. With this service, we’ll match you with a tax pro with Massachusetts tax expertise. Then, you will upload your tax documents, and our tax pros will do the rest! We can help with your MA taxes, including federal deductions for paying state taxes. The following vendors have provided qualifying Massachusetts taxpayers with an offer to e-file for free through the Free File Alliance program. You may be able to apply for an extension if you’re not ready to file your Massachusetts income tax by the due date.

Form 1-NR/PY: MA Nonresident or Part-Year Resident Income Tax Return

No problem – you can find Massachusetts state tax expertise with all of our ways to file taxes. You can pay your Massachusetts state taxes online at MassTaxConnect (through the state’s Department of Revenue) or via mail. In recognition of the fact that there mass state income tax are better and worse ways to raise revenue, our Index focuses on how state tax revenue is raised, not how much. The rankings, therefore, reflect how well states structure their tax systems. Don’t forget to sign your tax return at the bottom of Page 1.

  • If you’re a full-year resident with an annual Massachusetts gross income of more than $8,000, you must file a Massachusetts tax return.
  • Exemptions are generally related to your filing status and number of dependents you report on your tax return, but not always.
  • Individuals and businesses are taxed in Massachusetts for various reasons.
  • If you met certain criteria and paid 80% of your total tax bill before this date, a six-month extension to Oct. 16, 2023, was automatically provided.
  • The Barnstable Town Council has approved six Housing Development Incentive Program projects, with two completed, Barnstable Director of Planning and Development Elizabeth Jenkins said Monday.
  • Residents who turned 65 before Jan. 1, 2023, can receive a $700 exemption on top of the state’s personal exemptions.

For all of the tax forms we provide, visit our Massachusetts tax forms library or the ‘s tax forms page. The Housing Development Incentive Program has subsidized millions of dollars to create housing units in the commonwealth. In general, October is among the lower months for revenue collection, because neither individual nor business taxpayers make significant estimated payments during the month. Chapter 50 largely reflects tax legislation that the House and Senate each engrossed during the summers of 2022 and 2023. That experience resulted in one of the new initiatives in Chapter 50, a proposal to amend Chapter 62F (described briefly below).


Register for a NerdWallet account to gain access to a tax product powered by Column Tax for a flat rate of $50 in 2024, credit score tracking, personalized recommendations, timely alerts, and more. Starting with income earned in 2023, an additional 4% tax on income over $1 million will be levied, making the highest tax rate in the state 9%. The 2022 tax-filing deadline in Massachusetts was April 18, 2023.

mass state income tax

If you, your spouse, or your dependent attend a qualifying two or four-year college to obtain a degree, diploma, or certificate, you may deduct any tuition costs that exceed 25% of your Massachusetts AGI. However, the amount of any scholarships, grants, or financial aid that the student receives needs to be subtracted from the total tuition. If you split the rent with someone else, each taxpayer is entitled to the deduction for the portion of the rent that they pay. Likewise, if your rent is paid by a third party, such as a parent, you aren’t eligible for this deduction. If your principal residence is in Massachusetts and you paid rent to a landlord in the past year, you can deduct 50% of the rent paid, up to $3,000 (up to $1,500 for married filing separate filers). The town has adopted eligibility standards for developers to benefit from the Housing Development Incentive Program.


You pay through withholding and making estimated tax payments on any income not subject to withholding. For states with progressive tax systems, note that the dollar amounts in the income brackets apply to single filers; in many states, the income brackets double for joint returns. And, as is the case for federal returns, the amount you’ll pay to your state is also a function of your filing status, whether you have dependents, and whether you qualify for tax deductions and credits. The filing deadline for 2022 Massachusetts state income tax returns was April 18, 2023. To have qualified for a six-month extension, you must have paid at least 80% of the total amount of tax owed by that mid-April deadline.

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