IMPORTANT READ
State agencies will also not call, email or text you to collect information or a fee to process a stimulus payment.
The IRS has announced that they will begin accepting and processing all individual returns on January 24, 2023. Returns transmitted before this date are being held in a queue and will be transmitted to the IRS in the order they were received.
When the IRS starts processing returns, acknowledgments may be unpredictable due to the high volume of returns being processed.
RAADICAL TAX
ELECTRONIC FILING SEASON OPENS
MONDAY, JANUARY 24, 2023
Don't be fooled...the IRS will not call you!!
The Internal Revenue Service (IRS), Treasury Department, or any other government agency will not contact you by phone to collect information for stimulus payment processing. Period!!
Government agencies will not email or text you to collect information for stimulus payment processing. Watch for suspicious emails or texts with links or attachments requesting information for processing stimulus deposits or checks. If you receive one, do not click the link or open the attachment. It’s a scam. Delete it!!
Important Announcements
The refunds are not taxable as income at the state level.
All tax refunds, including the 62F refunds, are taxable by the federal government to the extent that the recipient claimed itemized deductions on his or her federal return for Tax Year 2021, including his or her state income tax. Refund recipients who itemized on their federal returns for Tax Year 2021 will receive a Form 1099-G from the Department of Revenue by January 31 of the year following the year in which the refund was received.
MA - Chapter 62F Taxpayer Refunds
Eligible taxpayers will receive a credit in the form of a refund of 14.0312% of their Massachusetts personal income tax liability for Tax Year 2021. This percentage was finalized by the Department of Revenue after the 2021 individual tax return filing extension deadline of October 17, 2022. Please note that credits may be reduced due to refund intercepts, including for unpaid tax liability, unpaid child support, and certain other debts.
Distribution of refunds will begin on November 1, 2022 – eligible taxpayers will receive their refund automatically through direct deposit or as a check sent through the mail. If you have already filed your 2021 tax return and you had a tax liability, no action is needed, and you should receive your refund by mid-December of 2022. If you have not yet filed your 2021 return, you are still eligible if you file by September 15, 2023 and, if eligible for a refund, you should receive it approximately one month after you file.