USA State Taxes
MASSACHUSETTS (MA)
STATE INCOME TAX (SIT)
| Description | Amount | Effective Date | Website | Deposit Method / Frequency / Threshold | Forms |
|---|---|---|---|---|---|
| Wage Withholding | Tables |
Massachusetts Department of Revenue - Guide to Withholding Taxes on Wages
|
Monthly EFT $1,201 - $25,000 Quarterly EFT $101 - $1,200 Annual EFT Pension Filers Quarterly /Weekly EFT > $25,000 ( More than $500 weekly) Due within 3 business days
Register, file and make payments at MassTaxConnect |
Return of Income Tax Withheld - M-941 Reconciliation of Taxes Withheld - M-3
Use Federal W4 or Massachusetts Withholding Exemption Certificate - M-4
|
|
| Supplemental Wage / Bonus Rate |
5.0% |
Unchanged from 2023 |
| Notes: | Must file a return if zero wages for the period. No reciprocal agreement with other States, however taxes paid to other jurisdiction credit may apply. |
STATE UNEMPLOYMENT INSURANCE (SUI)
| Description | Amount | Effective Date | Website | Deposit Method / Frequency / Threshold | Forms |
|---|---|---|---|---|---|
| Maximum Taxable Earnings | $15,000 | Unchanged from 2023 |
MA Labor & Workforce Development - UI Online for Employers
|
Quarterly - EFT
|
File online |
| Employee Deduction | None | ||||
|
Employer Tax Rate (Plus 0.41% solvency assessment and 0.056% workforce training fund surcharge and a Covid-19 Recovery Assessment equal to 40.15% of Employer's UI Experience rate) |
0.73 – 11.13% | 2024 | |||
|
New Employment Rate - Standard (Plus 0.41% solvency assessment and 0.056% workforce training fund surcharge and a Covid-19 Recovery Assessment equal to 40.15% of Employer's UI Experience rate) |
1.87% | 2024 | |||
| Employer Medical Assistance Contribution (0.12% fourth year of liability, 0.24% fifth year and 0.34% sixth year or later of liability) | 0.12 – 0.34% | 2024 | |||
| Workforce Training Fund Rate | 0.56% | 2024 | |||
| Voluntary Contribution Permitted | Yes |
STATE DISABILITY INSURANCE
| Description | Amount | Effective Date | Website |
|---|---|---|---|
| Employee Paid Family Leave Insurance Family Deduction (Wage base $168,600) | 0.18% of employee's wage | 2024 |
Paid Family Leave Insurance for Employers
|
| Employee Maximum Deduction Paid Family Leave Insurance Family Deduction | $303.48 | 2024 | |
| Employee Paid Family Leave Insurance Medical Deduction (Wage base $168,600) |
0.28% of employee's wage |
2024 |
|
|
Employee Maximum Deduction Paid Family Leave Insurance Medical Deduction |
$472.08 |
2024 |
NEW HIRE REPORTING
| Website | Frequency / Method | Forms |
|---|---|---|
| New Hire |
Employers that employ 25 or more employees or independent contractors report electronically, within 14 days of hire. Employers must report: All newly hired employees who work in Massachusetts; Individuals who are returning to the payroll after a lapse in pay of thirty calendar days or more; and/or All newly hired independent contractors to whom you anticipate paying $600 or more over the course of the year. Register & file at MassTaxConnect (See SIT) |
NHR |
WEBSITES
Disclaimer: This information is for reference only. To ensure accurate set up, we highly recommend that the information is verified with the applicable federal and state/provincial agencies. TimeTrex makes no claims, guarantees, or promises about the accuracy, current status, or completeness of the information provided. In no event shall TimeTrex be liable for any errors or omissions with respect to any resource information.
Last updated Jan 2024