Income tax filing season is underway and so far the pace is slower than last year due to the IRS announcement that tax filers with itemized deductions should not file until Feb. 14, giving the IRS time to incorporate recent federal tax law changes into tax tables and forms.
As of today, DOR has received 179,860 state income tax returns, nearly 25,000 fewer than at the same time a year ago. Electronically filed returns account for 97.6 percent. The average refund is $556, up $13 from a year ago.
Use of the Senior Circuit Breaker Tax Credit is up 22 percent, with $569,182 already paid out (an increase of 25 percent) to 721 taxpayers, with the average credit totaling $789.
Use of the Earned Income Tax Credit is up 7 percent, with $20,597,475 already paid out to 52,669 taxpayers.
Go to www.mass.gov/dor and click on the homepage video with Lt. Gov. Murray speaking about the EITC on the homepage, and while on the homepage check out the tax filing tips as well as WebFile for Income, DOR's secure, free and easy to use web-based state income tax filing system.
Remember to file electronically and get your refund deposited to your bank account in three business days.
MA Filing Extension to April 18th Announced posted on Apr 15
The Department of Revenue’s WebFile tool, which allows individuals to electronically file state personal income tax returns, has experienced delays due to heavy volume over the past few days. DOR is actively working to resolve this issue, and has extended the deadline for taxpayers to …Continue Reading MA Filing Extension to April 18th Announced
WARNING: Tax Lien Notices NOT issued by DOR Making the Rounds posted on Mar 13
Here’s another unfortunate addition to the list of financial things to protect yourself from. DOR has learned that letters of questionable origin are being sent to taxpayers with outstanding tax liens. Although these notices show amounts from actual tax liens, they are not from the Massachusetts …Continue Reading WARNING: Tax Lien Notices NOT issued by DOR Making the Rounds
Don’t Let a Hacker Steal YOUR Refund posted on Mar 11
There are some rabbit holes you definitely don’t want to fall down during tax season. One such hole, and an increasingly-common nightmarish scenario, is finding out your tax refund has been stolen. In a recent article, Allison Martin of Money Talk News was the bearer …Continue Reading Don’t Let a Hacker Steal YOUR Refund