People could be seeing the money as soon as Tuesday, as more than $3 billion goes back to Bay State taxpayers.
, and it requires the state Department of Revenue to issue a credit to taxpayers, if the total tax revenues exceeds an annual cap that's tied to wage and salary growth.in proportion to their personal income tax liability in Massachusetts incurred in the immediately preceding taxable year -- Tax Year 2021.
The state is giving people up to about 14% back of what they owed in state personal income tax last year, which will be given either by direct deposit or a check sent in the mail. As an example, a person who made $50,000 last year, and paid the state back $2,500, could get about $350 back. Credits are subject to offsets, state officials said, including for unpaid tax liability, unpaid child support and certain other debts.
A call center is also available at 877-677-9727 to answer questions about the Chapter 62F taxpayer refunds. It is open Monday through Friday, from 9 a.m. to 4 p.m.
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