Massachusetts State Tax Help and Forms (Subscribe)
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Massachusetts tax help, forms and answers to thousands of Massachusetts tax questions. Handy summary of all Massachusetts taxes, including corporate and individual Massachusetts income taxes, credits, exemptions, deductions and more. Includes Massachusetts estate, gift and inheritance tax, miscellaneous Massachusetts taxes, pass-through entity treatment, payroll taxes, property taxes and Massachusetts sales & use taxes.
Massachusetts ranks #36 on the State Business Tax Climate Index (TaxFoundation.org).|
Corporate Taxes
Rates & Brackets: 9.5%> $0 (includes 14% surcharge) Loss Carry-back/fwd: 0 Years Back / 5 Years Forward (Unlimited) Throwback Sales?: Y Foreign Tax Deductible?: N Alternative Minimum Tax (AMT): N Gross Receipts Tax: N Capital Stock (Net Worth) Tax?: 0.260% (unlimited) Credits and Incentives Job Credits?: Y R&D Credits?: Y Investment Credits?: Y Individual Taxes Rates & Brackets: 5.3%> $0 + 12% on certain capital gains Local Option IT Rate: None Federal Inc used as Base?: Y Standard Deductions: Single N/A / Joint N/A Personal Exemptions/Credits (c): Single $4,125 / Joint $8,250 / Dependent $4,125 Federal Tax Deductible?: N State Tax Deductible?: Y Alternative Minimum Tax (AMT)?: N Inheritance, Gift, Estate, Death Taxes Gift Tax?: N Estate Tax?: Decoupled Inheritance Tax?: N Generation-Skipping Tax?: N Miscellaneous Taxes Gas Tax: 23.5 cents/gallon Diesel Tax: 23.5 cents/gallon Cigarette Tax: 251.0 cents/20 pack Pass-through Entities LLC Pass-through Recognized?: Y S-Corp Pass-through Recognized?: Partial Payroll Taxes Unemployment Insurance Tax Index (TaxFoundation.org): #49 Property Taxes Median Tax Paid on Homes (Rank): $3,406 (#6) Median Value of Homes: $353,600 Tax as % of Home Value (Rank): 0.96% (#20) Median Income of Homeowner: $84,549 Tax as % of Income (Rank): 4.03% (#9) Sales and Use Taxes State Rate: 6.25% County & City (Weighted Ave): None Combined State and Ave. Local Rates (Rank): 6.25% (#29) General Treatment of Services: Exempt Gas Exemption: Exempt Grocery Exemption: Exempt |
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- Taxes/State and Local Taxes/State Tax Tools/State Tax FAQs/Massachusetts State Tax Questions and Answers
- Taxes/State and Local Taxes/Multistate State Tax Help and Forms
Links
The most commonly used Massachusetts tax forms and helpful publications can be found within this area of the Department of Revenue Web site. You may search for a form by category or via the alphanumeric Online Forms Index.
http://www.dor.state.ma.us/forms/formsIndex/taxformsPERSONAL.htm
The Official Website of the Commonwealth of Massachusetts.
This site is maintained by DOR's Web Development Unit and is provided by DOR's Legal Division. Sign up to receive automatic e-mail updates from DOR regarding new rulings and regulations.
Extended Tax Amnesty was a two-month opportunity to resolve overdue tax obligations with DOR without incurring any penalty charges. Extended Tax Amnesty ran from January 1, 2003 until February 28, 2003. The Department is now utilizing improved technological resources to identify those taxpayers with delinquent tax obligations. This link takes you to a cached page with information on the program which is no longer available to the general public.
http://216.239.33.100/search?q=cache:www.dor.state.ma.us/Amnesty/welcome.asp
WebFile for Individual Income Taxes has been suspended for tax year 2002. You can visit the Commercial Software Providers page for other options.
http://www.dor.state.ma.us/options/CommSoftware_ServProviders/Comm_Software.htm
