Chandler Hunter, MSA •
If you are a Massachusetts individual taxpayer and had a tax liability for 2021, you may be getting a refund of state taxes paid via direct deposit or check.
The Commonwealth of Massachusetts reported that it received excess revenue from taxpayers in 2021, to the tune of almost $3 billion. This massive surplus brought Chapter 62F of Massachusetts state law into effect, requiring the state to issue refunds to individuals who paid a tax liability last year.
The Commonwealth of Massachusetts reported that it received excess revenue from taxpayers in 2021, to the tune of almost $3 billion. This massive surplus brought Chapter 62F of Massachusetts state law into effect, requiring the state to issue refunds to individuals who paid a tax liability last year.
Those who qualify for the payments are set to receive a 13% refund of taxes paid in, less any refundable tax credits received. The state has provided a refund calculator on their website for those interested: https://www.mass.gov/info-details/chapter-62f-taxpayer-refunds
For those who filed a return after October 17th, 2022, refunds will not be issued. Refunds will be issued beginning in early November and will be complete by December 15th of 2022.
For those who filed a return after October 17th, 2022, refunds will not be issued. Refunds will be issued beginning in early November and will be complete by December 15th of 2022.
RSS Feed