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Massachusetts Department of RevenueSchedule OJC Income Tax Paid to Other Jurisdictions Name(s) as shown on Massachusetts Form 1, 1NR/PY or 2Twoletter state or other jurisdiction postal code2016Social.

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For tax year 2022, Massachusetts has a 5.0% tax on both earned (salaries, wages, tips, commissions) and unearned (interest, dividends, and capital gains) income. Certain capital gains are taxed at 12%.

Massachusetts forms and instructions are also available online at: mass.gov/dor/forms. You can contact the MA Department of Revenue for general help and informaton, or to order forms, by calling 1-800-392-6089. Tax forms can be printed for you free of charge at the Reference Desk.

Events That Trigger Changes The amount of income withheld for taxes is governed by the following considerations: Whether you select a "married" or "single" rate on your W-4. The amount of income you earn (from a single or multiple jobs) Whether you wish to withhold extra funds.

Broadly speaking, the 2023 tax brackets have increased by about 7% for all filing statuses. This is significantly higher than the roughly 3% and 1% increases enacted for 2022 and 2021, respectively.

Schedule Y requires you to list multiple forms of income, such as wages, interest, or alimony . We last updated the Other Deductions in January 2023, so this is the latest version of Schedule Y, fully updated for tax year 2022.

If an employee reaches the wage limit for Social Security withholdings, they'll have no more Social Security withholdings. As a result, their taxable wages will be greater, and therefore their personal income withholding will increase.

For tax year 2022, Massachusetts has a 5.0% tax on both earned (salaries, wages, tips, commissions) and unearned (interest, dividends, and capital gains) income. Certain capital gains are taxed at 12%.

The additional tax takes effect January 1, 2023 and Tufts University estimated that the additional 4% millionaire's tax will affect 21,000 Massachusetts taxpayers. Individual taxpayers with incomes exceeding $1 million will now pay an effective 9% tax rate in Massachusetts (5% “regular” rate + 4% millionaire's tax).

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232