Definitions . Section 1. When used in this chapter the following words or terms shall, unless the context indicates otherwise, have the following meanings:— ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 2

Gross income, adjusted gross income and taxable income defined; classes . Section 2. (a) Massachusetts gross income shall mean the federal gross income, modified as ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 3

Taxable income: adjusted gross income less deductions and exemptions . Section 3. A. In determining the Part A taxable income, the Part A adjusted gross ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 4

Rates of tax for residents, non-residents and corporate trusts . Section 4. Residents shall be taxed on their taxable income, non-residents shall be taxed, to ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 5

Exempt income of individuals; exemption of stock bonus, pension or profit-sharing trust . Section 5. (a) Notwithstanding the provisions of section four, Part A taxable ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 5A

Taxation of income earned by non-residents; regulations; certain military personnel . [Subsection (a) effective for tax years beginning on or after January 1, 2003. ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 5B

Repealed, 1973, 723, Sec. 2 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 6

Credits . Section 6. The following credits shall be allowed against the tax imposed by this chapter: (a) A credit ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 6A, 6B

Repealed, 1971, 555, Sec. 5 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 6C

Massachusetts State Election Campaign Fund; voluntary contributions . Section 6C. Every individual who files a separate return may voluntarily contribute one dollar to be paid ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 6D

Natural Heritage and Endangered Species Fund; contributions . Section 6D. Every individual who files a separate return and every husband and wife filing a return ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 6E

Organ Transplant Fund; voluntary contributions . Section 6E. Every individual who files a separate return and every husband and wife filing a return jointly may ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 6F

Gross income; determination of capital gains; basis of property . Section 6F. (a) In determining Massachusetts gross income, if the federal gross income includes any ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 6G

Massachusetts AIDS Fund; voluntary contributions . Section 6G. Every individual who files a separate return and every husband and wife filing a return jointly may ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 6H

Massachusetts United States Olympic Fund; voluntary contributions . Section 6H. Every individual who files a separate return and every husband and wife filing a return ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 6I

Low-income housing tax credit . Section 6I. (a) For the purposes of this section, unless the context clearly requires otherwise, the following words shall have ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 7

Repealed, 1979, 409, Sec. 4 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 7A, 7B

Repealed, 1971, 555, Sec. 5 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 8

Taxable income of corporate trusts; application of section; dividends; exemption . Section 8. (a) A corporate trust engaged within the commonwealth in any business, activity ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 9

Estates of deceased persons . Section 9. Estates of deceased persons, if assessed within the time limited by section twenty-six of chapter sixty-two C, shall ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 10

Income from trust estates; deductions . Section 10. The income received by trustees or other fiduciaries shall be taxed in the following manner: ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 11

Income received from nonresident trustee . Section 11. Any inhabitant of the commonwealth who receives, is entitled to, or to whom income is available from ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 11A

Income from pooled income funds and charitable remainder annuity trusts or unitrusts; deduction and withholding . Section 11A. Every trustee of a pooled income fund, ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 11B

Pooled income funds and charitable remainder annuity trusts or unitrusts; returns, declarations of estimated tax and payments; liability . Section 11B. Every trustee who is ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 12, 12A

Repealed, 2004, 262, Sec. 16 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 13

Application of sections to all fiduciaries . [Text of section applicable to tax years beginning on or after January 1, 2005. See 2004, 262, ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 14

Applicability to corporate trustees . Section 14. Corporations acting as trustee or in any other fiduciary capacity shall, with respect to the income received by ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 15

Duties of corporate trustees . Section 15. Every corporation liable to taxation under the preceding section shall make the returns prescribed by section six of ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 16

Agreement as to total tax due from trustees . Section 16. For the purpose of facilitating the settlement and distribution of estates held by trustees ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 17

Partners subject to tax; distributive shares; partners’ separate returns; determination of income; common trust funds . [Introductory paragraph effective for tax years beginning on ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 17A

Taxation of shareholders of S corporations . Section 17A. (a) An inhabitant of the commonwealth who is a shareholder of an S corporation, as defined ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 18

Repealed, 1976, 415, Sec. 100 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 19

Inapplicability of certain sections to corporate trusts . Section 19. Section seventeen of this chapter and section seven of chapter sixty-two C shall not apply ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 20, 21

Repealed, 1966, 698, Sec. 18 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 21A

Repealed, 1938, 489, Sec. 8 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 22 to 24

Repealed, 1976, 415, Sec. 100 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 25

Individuals, fiduciaries and estates subject to tax . Section 25. (a) Every individual who while an inhabitant of the commonwealth, and every executor, administrator, trustee ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 25A

Repealed, 1971, 555, Sec. 14 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 26

Repealed, 1976, 415, Sec. 100 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 27

Repealed, 1956, 128 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 28 to 32

Repealed, 1976, 415, Sec. 100 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 33

Repealed, 1976, 415, Sec. 100 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 34

Repealed, 1947, 483, Sec. 2 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 35 to 37B

Repealed, 1976, 415, Sec. 100 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 38

Repealed, 1953, 654, Sec. 45 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 39

Repealed, 1976, 415, Sec. 100 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 40

Repealed, 1961, 251 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 41

Repealed, 1976, 415, Sec. 100 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 42

Liability of fiduciaries . Section 42. Executors, administrators, trustees or other fiduciaries shall be personally liable for any tax under this chapter which is assessed ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 43 to 46

Repealed, 1976, 415, Sec. 100 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 47

Repealed, 1930, 416, Sec. 2 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 48

Repealed, 1976, 415, Sec. 100 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 49 to 53

Repealed, 1931, 426, Sec. 184 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 54

Severability . Section 54. If any part, subdivision or section of this chapter shall be declared unconstitutional, the validity of its remaining provisions shall not ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 55 to 60

Repealed, 1976, 415, Sec. 100 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 61

Repealed, 1971, 555, Sec. 17 . ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 62

Methods of accounting; fiscal years . Section 62. Income taxable under this chapter shall be determined in accordance with the method of accounting regularly employed ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 63

Installment transactions . [Subsection (a) applicable to tax years beginning on or after January 1, 2005. See 2004, 262, Sec. 72.] ...

Massachusetts General Laws - Taxation of Incomes - Chapter 62, Section 64

Optional tax table . Section 64. In lieu of computing the taxes imposed by this chapter, a taxpayer may, at his option except as hereinafter ...

Last modified: November 19, 2006