Income Tax Calculator Massachusetts
This tool was created by 1984 network.
Income tax calculator massachusetts. The massachusetts income tax calculator is designed to provide a salary example with salary deductions made in massachusetts. The statewide sales tax rate of 6 25 is among the 20 lowest in the country when including the local taxes collected in many other states. Calculate your net income after taxes in massachusetts. The massachusetts income tax rate of 5 05 is higher than all but one of the other eight states that levies a flat income tax.
If you would like to help us out donate a little ether cryptocurrency. That goes for both earned income wages salary commissions and unearned income interest and dividends. Overview of massachusetts taxes. Your average tax rate is 21 93 and your marginal tax rate is 34 75 this marginal tax rate means that your immediate additional income will be taxed at this rate.
Massachusetts is a flat tax state that charges a tax rate of 5 05.