General Laws of Massachusetts - Chapter 62 Taxation of Incomes

• Massachusetts General Laws - Definitions - Chapter 62, Section 1
  When used in this chapter the following words or terms shall, unless the context indicates otherwise, have the following meanings:— (a) “Commissioner”, the commissioner of...
• Massachusetts General Laws - Gross income, adjusted gross income and taxable income defined; classes - Chapter 62, Section 2
  (a) Massachusetts gross income shall mean the federal gross income, modified as required by section six F, with the following further modifications:— (1) The items...
• Massachusetts General Laws - Taxable income: adjusted gross income less deductions and exemptions - Chapter 62, Section 3
  A. In determining the Part A taxable income, the Part A adjusted gross income shall be reduced by the following deductions and exemptions. (a) There...
• Massachusetts General Laws - Rates of tax for residents, non-residents and corporate trusts - Chapter 62, Section 4
  Residents shall be taxed on their taxable income, and non-residents shall be taxed to the extent specified in section 5A on their taxable income, as...
• Massachusetts General Laws - Exempt income of individuals; exemption of stock bonus, pension or profit-sharing trust - Chapter 62, Section 5
  (a) Notwithstanding the provisions of section four, Part A taxable income, Part B taxable income and Part C taxable income, shall be exempt from all...
• Massachusetts General Laws - Taxation of income earned by non-residents; regulations; certain military personnel - Chapter 62, Section 5A
  (a) The amount of the Part A taxable income, the Part B taxable income and the Part C taxable income of any non-resident of the...
• Massachusetts General Laws - Repealed, 1973, 723, Sec. 2 - Chapter 62, Section 5B
  Repealed, 1973, 723, Sec.
• Massachusetts General Laws - Taxation of unincorporated homeowners’ association - Chapter 62, Section 5C
  An unincorporated association within the definition of and electing to be treated as a homeowners’ association under section 528(c) of the Code for a taxable...
• Massachusetts General Laws - Credits - Chapter 62, Section 6
  The following credits shall be allowed against the tax imposed by this chapter:  (a) A credit shall be allowed against taxes imposed by this chapter to...
• Massachusetts General Laws - Medical device company tax credit; credit transfer program - Chapter 62, Section 61/2
  (a) As used in this section the following words shall, unless the context clearly requires otherwise, have the following meanings:— “Department”, the department of revenue....
• Massachusetts General Laws - Repealed, 1971, 555, Sec. 5 - Chapter 62, Section 6A 6B
  Repealed, 1971, 555, Sec.
• Massachusetts General Laws - Massachusetts State Election Campaign Fund; voluntary contributions - Chapter 62, Section 6C
  Every individual who files a separate return may voluntarily contribute one dollar to be paid over to the State Election Campaign Fund, established by section...
• Massachusetts General Laws - Natural Heritage and Endangered Species Fund; contributions - Chapter 62, Section 6D
  Every individual who files a separate return and every husband and wife filing a return jointly may voluntarily contribute all or part of any refund...
• Massachusetts General Laws - Organ Transplant Fund; voluntary contributions - Chapter 62, Section 6E
  Every individual who files a separate return and every husband and wife filing a return jointly may voluntarily contribute all or part of any refund...
• Massachusetts General Laws - Gross income; determination of capital gains; basis of property - Chapter 62, Section 6F
  (a) In determining Massachusetts gross income, if the federal gross income includes any item of gain or has been reduced by any item of loss,...
• Massachusetts General Laws - Massachusetts AIDS Fund; voluntary contributions - Chapter 62, Section 6G
  Every individual who files a separate return and every husband and wife filing a return jointly may voluntarily contribute all or part of any refund...
• Massachusetts General Laws - Massachusetts United States Olympic Fund; voluntary contributions - Chapter 62, Section 6H
  Every individual who files a separate return and every husband and wife filing a return jointly may voluntarily contribute all or part of any refund...
• Massachusetts General Laws - Low-income housing tax credit - Chapter 62, Section 6I
    Section 6I. (a) For the purposes of this section, unless the context clearly requires otherwise, the following words shall have the following meanings:-  "Commissioner'', the commissioner...
• Massachusetts General Laws - Massachusetts historic rehabilitation tax credit - Chapter 62, Section 6J
  (a) For purposes of this section, the following terms shall have the following meanings unless the context clearly requires otherwise: “Certified rehabilitation”, the rehabilitation of...
• Massachusetts General Laws - Refunds and contributions credited to Massachusetts Military Family Relief Fund - Chapter 62, Section 6K
  (a) Every individual who files a separate return and every husband and wife filing a return jointly may voluntarily contribute all or part of any...
• Massachusetts General Laws - Application and refund of certain credits under Sec. 6; substantiation of claims; regulations - Chapter 62, Section 6L
  (a) This section shall apply to credits earned under subsection (l) of section 6. (b) At the written election of a taxpayer entitled to a...
• Massachusetts General Laws - Contribution of refund to Homeless Animal Prevention and Care Fund; annual report - Chapter 62, Section 6M
  [ Text of section added by 2012, 193, Sec. 2. See also, Section 6M added by 2012, 238, Sec. 29, below.](a) A person filing an...
• Massachusetts General Laws - Wellness program tax credit - Chapter 62, Section 6N
  [Text of section effective until December 31, 2017. Repealed by 2012, 224, Sec. 41A. See 2012, 224, Sec. 298.] (a) The purpose of this section...
• Massachusetts General Laws - Repealed, 1979, 409, Sec. 4 - Chapter 62, Section 7
  Repealed, 1979, 409, Sec.
• Massachusetts General Laws - Repealed, 1971, 555, Sec. 5 - Chapter 62, Section 7A 7B
  Repealed, 1971, 555, Sec.
• Massachusetts General Laws - Repealed, 2008, 173, Sec. 19 - Chapter 62, Section 8
  Repealed, 2008, 173, Sec.
• Massachusetts General Laws - Estates of deceased persons - Chapter 62, Section 9
  Estates of deceased persons, if assessed within the time limited by section twenty-six of chapter sixty-two C, shall be subject to the taxes imposed by...
• Massachusetts General Laws - Income from trust estates; deductions - Chapter 62, Section 10
  The income received by trustees or other fiduciaries shall be taxed in the following manner: (a) The income received by trustees or other fiduciaries described...
• Massachusetts General Laws - Qualified funeral trusts - Chapter 62, Section 10A
  A qualified funeral trust shall have the same meaning as in the Code, as amended, on January 1, 1998, effective for taxable years ending on...
• Massachusetts General Laws - Income received from nonresident trustee - Chapter 62, Section 11
  Any inhabitant of the commonwealth who receives, is entitled to, or to whom income is available from one or more trustees or other fiduciaries who...
• Massachusetts General Laws - Income from pooled income funds and charitable remainder annuity trusts or unitrusts; deduction and withholding - Chapter 62, Section 11A
  Every trustee of a pooled income fund, as defined in section six hundred and forty-two (c)(5) of the Code, and every trustee of a charitable...
• Massachusetts General Laws - Pooled income funds and charitable remainder annuity trusts or unitrusts; returns, declarations of estimated tax and payments; liability - Chapter 62, Section 11B
  Every trustee who is required to deduct and withhold taxes under section eleven A shall make returns, including declarations of estimated tax, and payments with...
• Massachusetts General Laws - Repealed, 2004, 262, Sec. 16 - Chapter 62, Section 12 12A
  Repealed, 2004, 262, Sec.
• Massachusetts General Laws - Application of sections to all fiduciaries - Chapter 62, Section 13
  Sections 10 and 11 shall so far as apt, apply to executors, administrators, guardians, conservators, trustees in bankruptcy, receivers and assignees for the benefit of...
• Massachusetts General Laws - Applicability to corporate trustees - Chapter 62, Section 14
  Corporations acting as trustee or in any other fiduciary capacity shall, with respect to the income received by them in that capacity, be subject to...
• Massachusetts General Laws - Duties of corporate trustees - Chapter 62, Section 15
  Every corporation liable to taxation under the preceding section shall make the returns prescribed by section six of chapter sixty-two C and shall be subject...
• Massachusetts General Laws - Agreement as to total tax due from trustees - Chapter 62, Section 16
  For the purpose of facilitating the settlement and distribution of estates held by trustees and the other fiduciaries named in section thirteen, the commissioner may...
• Massachusetts General Laws - Partners subject to tax; distributive shares; partners’ separate returns; determination of income; common trust funds - Chapter 62, Section 17
  A partnership as such shall not be subject to the taxes imposed by this chapter. Individuals carrying on business as partners shall be liable for...
• Massachusetts General Laws - Taxation of shareholders of S corporations - Chapter 62, Section 17A
  [Text of section republished.] (a) An inhabitant of the commonwealth who is a shareholder of an S corporation, as defined under section thirteen hundred and...
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 100 - Chapter 62, Section 18
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 2008, 173, Sec. 22 - Chapter 62, Section 19
  Repealed, 2008, 173, Sec.
• Massachusetts General Laws - Repealed, 1966, 698, Sec. 18 - Chapter 62, Section 20 21
  Repealed, 1966, 698, Sec.
• Massachusetts General Laws - Repealed, 1938, 489, Sec. 8 - Chapter 62, Section 21A
  Repealed, 1938, 489, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 100 - Chapter 62, Section 22 to 24
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Individuals, fiduciaries and estates subject to tax - Chapter 62, Section 25
  (a) Every individual who while an inhabitant of the commonwealth, and every executor, administrator, trustee or other fiduciary who while such an inhabitant or while...
• Massachusetts General Laws - Repealed, 1971, 555, Sec. 14 - Chapter 62, Section 25A
  Repealed, 1971, 555, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 100 - Chapter 62, Section 26
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1956, 128 - Chapter 62, Section 27
  Repealed, 1956,
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 100 - Chapter 62, Section 28 to 33
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1947, 483, Sec. 2 - Chapter 62, Section 34
  Repealed, 1947, 483, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 100 - Chapter 62, Section 35 to 37B
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1953, 654, Sec. 45 - Chapter 62, Section 38
  Repealed, 1953, 654, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 100 - Chapter 62, Section 39
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1961, 251 - Chapter 62, Section 40
  Repealed, 1961,
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 100 - Chapter 62, Section 41
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Liability of fiduciaries - Chapter 62, Section 42
  Executors, administrators, trustees or other fiduciaries shall be personally liable for any tax under this chapter which is assessed on income received by them and...
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 100 - Chapter 62, Section 43 to 46
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1930, 416, Sec. 2 - Chapter 62, Section 47
  Repealed, 1930, 416, Sec.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 100 - Chapter 62, Section 48
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1931, 426, Sec. 184 - Chapter 62, Section 49 to 53
  Repealed, 1931, 426, Sec.
• Massachusetts General Laws - Severability - Chapter 62, Section 54
  If any part, subdivision or section of this chapter shall be declared unconstitutional, the validity of its remaining provisions shall not be affected thereby.
• Massachusetts General Laws - Repealed, 1976, 415, Sec. 100 - Chapter 62, Section 55 to 60
  Repealed, 1976, 415, Sec.
• Massachusetts General Laws - Repealed, 1971, 555, Sec. 17 - Chapter 62, Section 61
  Repealed, 1971, 555, Sec.
• Massachusetts General Laws - Methods of accounting; fiscal years - Chapter 62, Section 62
  Income taxable under this chapter shall be determined in accordance with the method of accounting regularly employed in keeping the books of the taxpayer unless...
• Massachusetts General Laws - Installment transactions - Chapter 62, Section 63
  (a) For the purposes of this section, the term “installment transaction” shall mean a transaction which: (1) is treated for federal income tax purposes under...
• Massachusetts General Laws - Optional tax table - Chapter 62, Section 64
  In lieu of computing the taxes imposed by this chapter, a taxpayer may, at his option except as hereinafter provided, determine his tax liability for...

Last modified: September 11, 2015