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What is massachusetts state tax?

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Massachusetts collects a state income tax at a maximum marginal tax rate of %, spread across tax brackets. Unlike the Federal Income Tax, Massachusetts' state income tax does not provide couples filing jointly with expanded income tax brackets. read more

Massachusetts does not have an inheritance tax, but does collect an estate tax. Previously, the state’s estate tax system was tied to federal estate tax collection, but Massachusetts decoupled its estate tax from the current federal levy. read more

The most significant taxes in Massachusetts are the sales and income taxes, both of which consist of a flat rate paid by residents statewide. The Massachusetts income tax rate of 5.10% is higher than all but one of the other eight states that levies a flat income tax. read more

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MASSACHUSETTS
Source: min.midco.net