Massachusetts Income Tax Calculator

Your legal residence is usually where you maintain your most important family, social, economic, political, and religious ties, and it depends on all the facts ma income tax and circumstances per case, including good faith. A minor’s domicile is the same as that of the parent or guardian who has lawful custody of the child.

However, California voters rejected a similar tax, aiming to pay for zero-emissions vehicle programs and wildfire response and prevention. The measure would have added a 1.75% levy on annual income of more than $2 million, in addition to the state’s top income tax rate of 13.3%. Enter your filing status, income, deductions and credits and we will estimate your total taxes. Based on your projected tax withholding for the year, we can also estimate your tax refund or amount you may owe the IRS next April.

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If you aren’t sure how much to withhold, use our paycheck calculator to find your tax liability. You may also qualify for certain personal income tax credits, which can reduce the amount of tax you owe. On Tuesday, voters in Massachusetts voted “yes” on Ballot Question 1, approving the imposition of a 4 percent surtax on Massachusetts taxpayers with a net income in excess of $1 million. This so-called millionaires tax will go into effect for tax years beginning on or after January 1, 2023.

Generally, you need to pay at least 80% of your annual income tax liability before you file your return for the year. You pay through withholding and making estimated tax payments on any income not subject to withholding.

Filing Massachusetts State Tax Returns

This credit isn’t refundable, but if the credit is more than you owe, you can carry the excess forward for up to seven years. The credit is worth the cost of the removal or fix, up to $1,500.