Ma tax tables 20208/1/2023 ![]() Certain itemized deductions (including property tax, qualified charitable contributions, etc) may be allowed depending on the income level and filing type of the taxpayer. Unlike many other states, Massachusetts has no standard deduction. For details on specific deductions available in Massachusetts, see the list of Massachusetts income tax deductions. Using deductions is an excellent way to reduce your Massachusetts income tax and maximize your refund, so be sure to research deductions that you mey be able to claim on your Federal and Massachusetts tax returns. Income tax deductions are expenses that can be deducted from your gross pre-tax income. Ĭompare the state income tax rates in Massachusetts with the income tax rates in The IRS will start accepting eFiled tax returns in January 2020 - you can start your online tax return today for free with TurboTax. There are -1170 days left until Tax Day, on April 16th 2020. ![]() While the tax rate is set explicitly by the Massachusetts legislature, the Massachusetts personal exemption is indexed to inflation and changes every year. Seven states have a flat income tax, and of those seven Massachusetts has the highest state income tax rate. Massachusetts has a flat tax of 5.13% on most types of income. You can learn more about how the Massachusetts income tax compares to other states' income taxes by visiting our map of income taxes by state. Notably, Massachusetts has the highest maximum marginal tax bracket in the United States. Unlike the Federal Income Tax, Massachusetts' state income tax does not provide couples filing jointly with expanded income tax brackets. Massachusetts collects a state income tax at a maximum marginal tax rate of %, spread across tax brackets.
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