state Department of Revenue
in proportion to their personal income tax liability in Massachusetts incurred in the immediately preceding taxable year -- Tax Year 2021. In general, the administration said eligible taxpayers will receive a credit in the form of a refund that is approximately 13% of their Massachusetts Tax Year 2021 personal income tax liability. However, that percentage is just a preliminary estimate and could still change before it is finalized in late October, once all 2021 tax returns have been filed.
on or before Oct. 17, 2022. An individual's credit may be reduced due to refund intercepts, including for unpaid taxes, unpaid child support and certain other debts.Individuals eligible for a refund will receive it automatically as a check sent through the mail or by direct deposit. The distribution of refunds is expected to begin in November 2022.
“Stronger-than expected state tax revenues have led to a major surplus for Fiscal Year 2022, and we are pleased to be able to return nearly $3 billion in excess revenue to the taxpayers,” Gov. Charlie Baker said in a statement. “With families facing continued pressure from high prices and inflation, these returns will provide some needed relief.
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