With little more than four weeks left until the April 17 tax filing deadline, about half of the expected 3.4 million tax tax returns have been filed. Lest you think that unusual, that is 105,996 or 7 percent higher than a year ago.
More than 1.3 million refunds totaling $634.9 million have been paid to taxpayers, up $33 million from a year ago, when 1.27 million refunds had been paid at this point.
The average refund is the same as a year ago, $472, with 80 percent of those filing receiving a refund, same as last year.
A year ago, 86.3 percent of returns had been filed electronically; it is up slightly to 87 percent this year. So far, 947,463 returns have been filed electronically, up 8 percent or 103,757 more than a year ago. This reflects the fact that filing season got off to a quicker start this year than a year ago, when the IRS advised those who itemize deductions to wait until mid-February for revised tax tables.
DOR + Social Media — #CheckUsOut posted on Jul 28
State tax administration might not deliver such seismic news events as LeBron’s eagerly-awaited announcement of his return to his old Cleveland team, but knowing what’s going on at any given moment in the tax world could save you some time and effort, and maybe …Continue Reading DOR + Social Media — #CheckUsOut
Commute to work on the T, Commuter Rail or Turnpike? You may be eligible for a Massachusetts Commuter Deduction on your tax return! posted on Jul 16
The Commuter Deduction was enacted by the Legislature to cover specific commuter expenses. To help understand the deduction, the Department of Revenue’s DOR University has released an e-learning module explaining what qualifies for a deduction, real-life examples and how you can claim your commuter deduction …Continue Reading Commute to work on the T, Commuter Rail or Turnpike? You may be eligible for a Massachusetts Commuter Deduction on your tax return!
DOR Offers FREE E-Learning Course on Fraternal Organization Tax Responsibilities posted on Jul 9
Help get the word out! The Department of Revenue’s online DOR University has recently developed a new free e-learning course on the tax responsibilities of fraternal organizations. Fraternal organizations are considered a type of Chapter 180 Corporation, which are formed for charitable or other purposes. …Continue Reading DOR Offers FREE E-Learning Course on Fraternal Organization Tax Responsibilities