As of Friday, March 2, the Commonwealth has refunded $509.6 million to 1.07 million taxpayers.
Refunds are up $38 million from the same period a year ago, with the average refund $477, a dollar higher than a year ago.
With little more than six weeks to go before the April 17th filing deadline, 1.3 million taxpayers have filed, up 112,204 or 9 percent from a year ago. The number receiving refunds is up 78,479 or eight percent from a year ago.
The number of taxpayers who will eventually file a tax return will be about 3.4 million.
Eighty-two percent of taxpayers filing have received refunds, almost identical to a year ago at this time.
Turn around time for refunds has held steady — an average of 4.7 business days for paper returns and 3 days for electronically filed returns.
Usage of the Senior Circuit Breaker Tax Credit is up 21 percent, from 21,714 taxpayers to 26,344 so far this year, with the average credit returned $781, up $10 from a year ago. To date, $20.6 million has been paid to senior taxpayers, $3.8 million more or 23 percent more than a year ago.
Class in Session at DOR University posted on Jan 20
Looking to educate yourself this tax season? Want to learn more about tax options, or DOR-related issues? All this can be achieved at DOR University, the Department of Revenue’s free online e-learning module. DOR University, created to offer free tax education to the public and …Continue Reading Class in Session at DOR University
Multi-agency investigation in two states leads to charges posted on Nov 19
Earlier this year, the Massachusetts Illegal Tobacco Commission, chaired by DOR Commissioner Amy Pitter, released a report on the illicit tobacco trade which recommends that teaming up with federal, state and local law enforcement can be a successful model for combatting such criminal activity. And …Continue Reading Multi-agency investigation in two states leads to charges
Top priority: protecting the taxpayer and the Commonwealth’s revenue posted on Oct 8
With identity theft on the rise, the Massachusetts Department of Revenue is taking new steps to combat the problem and protect taxpayers. In some cases, this means asking taxpayers to take a quiz before getting their state refund check. DOR is teaming up with LexisNexis …Continue Reading Top priority: protecting the taxpayer and the Commonwealth’s revenue