Some Massachusetts residents will find a few hundred extra dollars in their bank account today. Others may soon see well over a thousand:
will find a few hundred extra dollars in their bank account today. Others may soon see well over a thousand. Gov. Charlie Baker's administration is beginning to send out rebates to roughly 3 million taxpayers today, after the state triggered an old law capping how much annual revenue it can bring in earlier this year. The automatic payments are going out between now and Dec. 15 to those who have filed 2021 tax returns on a rolling — and apparently random-ordered — basis.
If you haven't yet filed your 2021 tax return, you can still get a refund if you file them by Sept. 15, 2023. If you're eligible, you should automatically get a refund about one month after filing. There's no limit on the size of the rebates. And the law's language basically means the richer you are, the more you'll get back, as
. For example, someone who made $35,000 would get around $200 back, while those who made over $1 million would see rebates of $7,000 and beyond., but that won't happen before this current round of payments. They've also hinted it will affect what gets included in a tax cut package that could make it to Baker's desk as soon as this month.
Officials told Moran they"generally" won't be fining individuals for violating the ban. But they're also making it easier to follow the rules with info about how to donate
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