Taxes News

Massachusetts collects $4.9 billion in individual income tax revenue in Q4, 2023
Individual income taxes in Massachusetts reached $4.9 billion in the fourth quarter of 2023.

Massachusetts sees less individual income tax revenue in Q3 2024
The third quarter of 2024 brought in $5.2 billion in individual income tax revenue for Massachusetts, a 39.8% decrease from the second quarter of 2024, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.