Almost half of an expected 3.3 million tax filers have submitted tax returns to the Department of Revenue, with the state filing deadline 29 days away (April 19) and the federal filing deadline (April 18) 28 days or four weeks away.
So far, some 1.571 million taxpayers have filed their Massachusetts return, generating $601.98 million in refunds paid to 1.274 million tax filers (81 percent of returns filed). The average refund is $472, down $6 from a year ago, but 56,225 more taxpayers have received a refund than at the same time a year ago. DOR has received 33,859 more returns than filed a year ago.
Electronic filing is increasingly popular, up 5 percent, with 1,356,141 returns filed electronically, an increase of 67,800 from a year ago.
The average turnaround time for refunds on returns filed electronically is 3.2 business days, down from 3.5 days a year ago, while the turnaround time for paper return refunds is 5.3 business days, down from 6.6 a year ago.
The number of refunds direct deposited is up 11 percent, from 713,127 a year ago to 792,594 this year, an indicator that costly Refund Anticipation Loans are less utilized.
For complete tax information, including DOR's own WebFile for Income tax filing program and a series of helpful videos, go to www.mass.gov/dor.
DOR Ruling Favorable in First Circuit Judgment posted on Mar 17
The United States Court of Appeals for the First Circuit issued judgments in the Department of Revenue’s (DOR) favor last month, finding that taxpayers in Bankruptcy proceedings cannot discharge late filed tax returns. The court consolidated two similar cases brought before them involving a total …Continue Reading DOR Ruling Favorable in First Circuit Judgment
Five Reasons to E-File with DOR’s WebFile for Income posted on Feb 24
With Tax season well under way; DOR would like to help you make the decision to E-File with WebFile for Income this year. We know, “I’m not computer savvy” or “What about the safety of my information” has been said many times before, but we’d …Continue Reading Five Reasons to E-File with DOR’s WebFile for Income
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