Massachusetts Tax Rebates Begin Today: Up to $7,000 for Some

URGENT UPDATE: Massachusetts taxpayers are starting to receive rebates today, with many finding up to $7,000 deposited directly into their bank accounts. This significant financial relief comes as part of a state law triggered earlier this year that caps annual revenue, affecting approximately 3 million taxpayers.

The process begins today, December 15, 2023, with automatic payments rolling out to eligible taxpayers who filed their 2021 tax returns. Payments will be issued in batches, starting with 500,000 payments this week, followed by another 1 million next week. Recipients should watch for deposits labeled “MASTTAXRFD” in their accounts if they opted for direct deposit. Others will receive checks in the mail.

It is crucial for taxpayers who haven’t filed their 2021 returns yet to act quickly; the deadline to submit is September 15, 2023. Once filed, eligible individuals can expect their refunds within one month.

Rebate amounts vary significantly based on income. For instance, someone earning $35,000 could receive around $200, while high earners making over $1 million could see rebates exceeding $7,000. This structure highlights the state’s intent to provide greater relief to those with higher incomes, although future payments may adjust under new tax cut proposals expected later this month.

In a related development, a new statewide ban on discarding mattresses and textiles took effect today in Massachusetts. Officials have indicated that while fines may not be imposed on individuals, they are committed to facilitating compliance through increased donation options for unwanted items.

“This initiative is part of a broader effort to reduce waste and encourage recycling across the state,” stated a spokesperson from the Massachusetts Department of Environmental Protection.

Additionally, a breakthrough in the decades-old ‘Lady of the Dunes’ mystery has occurred, with authorities identifying the victim as Ruth Marie Terry, a Tennessee native who was tragically killed at the age of 37. Although the investigation into her murder remains open, officials hope that revealing her identity will generate new leads.

As election day approaches, voters are reminded that 5 p.m. today marks the deadline to drop off ballots in person for next week’s election. Secretary of State Bill Galvin advises voters to ensure their ballots are submitted on time to avoid any complications.

Stay informed as these developments unfold and share with others who may benefit from this vital information. The rebate payments and new environmental regulations are poised to impact many lives across Massachusetts significantly.