With little more than three weeks to go before the April 15th filing deadline, one of the most visible trends this filing season is the move to electronic filing of state tax returns.
Of the 1.625 million returns filed so far (slightly less than half of the expected number), 1.359 million or 83.6 percent have been filed electronically, an increase of 5 percent from a year ago. DOR applauds this trend as it speeds processing of returns and the payment of refunds.
The average refund is $478, up $10 from a year ago; some $613.4 million in refunds have been paid out, slightly more than a year ago. To date, 79 percent of tax filers have received a refund.
The turnaround time for refunds from returns filed electronically is 3.5 days, while the number of refunds sent as direct deposits is 764,152, an increase of 48,584 or 7 percent from a year ago.
Why do most Massachusetts taxpayers file electronically? Lots of good reasons. posted on Mar 17
If you haven’t filed your Massachusetts personal income tax return, there are very good reasons to consider e-filing. Millions of taxpayers have already taken advantage of e-filing, the most convenient way to get your taxes done. Why are we confident that e-filing is the very …Continue Reading Why do most Massachusetts taxpayers file electronically? Lots of good reasons.
MassTaxConnect for Fiduciary Taxes – Get Started on December 5, 2016! posted on Nov 14
With WebFile for Income Stepping Aside, MassTaxConnect Steps Up MassTaxConnect, the Commonwealth’s new tax revenue system, will be expanding to include fiduciary and other taxes on December 5, 2016. As you may already know, WebFile for Income is now officially closed as we prepare to …Continue Reading MassTaxConnect for Fiduciary Taxes – Get Started on December 5, 2016!
November 6: WebFiIe for Income Makes Way for MassTaxConnect posted on Nov 4
WebFile for Income says goodbye as MassTaxConnect welcomes more taxpayers In anticipation of MassTaxConnect expanding to include 10 additional tax types, WebFile for Income will say goodbye to users on November 6 at midnight. Save the date – pay bills electronically through November 6 If …Continue Reading November 6: WebFiIe for Income Makes Way for MassTaxConnect