Massachusetts employs a flat income tax system with a single rate of 5%, which can significantly impact your net income. While simpler than some other states' graduated systems, Massachusetts' tax code includes various deductions and exemptions that affect your paycheck.
This rate applies to residents on all sources of income and to non-residents on Massachusetts-sourced income. The state allows for certain deductions and credits that can affect your taxable income.
Input your income details and see how much you make after taxes and deductions.
Find out how much your bonus will be taxed.
Find out how much your gross pay should be for a specific take-home pay.
Compare your take home pay in different hourly scenarios.
Compare your take home pay in different salary scenarios.
See how increasing your 401k contributions will affect your paycheck and your retirement savings.
Determine your take home from tips after taxes
Calculate the impact of life events on your paycheck.
Understanding these aspects of Massachusetts' tax landscape is crucial for accurately estimating your net income and managing your finances effectively in the Bay State. While the flat state tax rate makes basic calculations straightforward, it's important to consider available deductions and credits that can impact your overall tax liability.
Visit the Massachusetts Payroll Guide page
A hub of early American history, Massachusetts is home to the Pilgrims, the Boston Tea Party, and the first American university, Harvard. Its historic sites and cities like Boston play a key role in tourism. The state is also known for its strong educational institutions.