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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).

Massachusetts State Tax Summary (TaxGrams ™)
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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Massachusetts Tax Forms popular

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

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Massachusetts Tax Rulings and Regulations

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.

http://www.dor.state.ma.us/rul_reg/OLL_main.htm

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Massachusetts: Installment Agreement

You can use the Massachusetts Department of Revenue's Payment Agreement System to apply for a payment agreement.

https://wf.dor.state.ma.us/spa/welcome.asp

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Massachusetts: Interactive Tax Return

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

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Massachusetts: Voluntary Disclosure

In an effort to further increase compliance and foster cooperation, the Massachusetts Department of Revenue has a Voluntary Disclosure Program for taxpayers who wish to report previously unpaid tax liabilities.

http://www.mass.gov/dor/tax-professionals/filing-and-reporting/voluntary-disclosure.html

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