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| MASSACHUSETTS INFORMATION |
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Tax Summary
- Massachusetts has a flat income tax of 5.3% for all residents on income over $24,000.
- Personal exemption for a single individual is $3,300. Exemption for a married couple is $6,600. Dependents earn an exemption of $1,000 each.
- Massachusetts residents may claim a deduction for charitable contributions.
- Sales tax in Massachusetts is 5%.
- All real and tangible property is unless exempted by statute.
- Property tax is assessed according to its class:
- Residential
- Open space
- Commercial
- Industrial
- Personal Property
- Taxes are administered and assessed by local jurisdictions.
- There are a variety of exemptions and/or deferrals for veterans, the blind, and surviving family members of firefighters and police officers killed on duty.
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