What is Massachusetts Withholding Tax?
Withholding tax is the amount of employee’s pay withheld by the employer and sent directly to the government as partial payment of state income tax. The amount of withholding tax depends on the employee’s income. The Massachusetts state income tax is 5.15%. Therefore, the withholding tax should be the same as the state income tax.
Employees do not need to take any action. The employers/businesses will need to deduct the withholding tax from employee’s paycheck and submit and file the withholding tax to Massachusetts Dept of Revenue.
How much is Massachusetts Withholding Tax?
Since Massachusetts withholding tax withheld is used to pay for employee’s Massachusetts state income tax, the withholding tax should correlate with state income tax bracket. The Massachusetts state income tax rate is 5.15%. The withholding tax should be the same as state income tax rate.
|State||Year||State Income Tax Rate||Withholding Tax Rate|
How to File Massachusetts Withholding Tax?
Employees do not need to do anything.
Employers/Businesses need to register withholding tax account with Massachusetts Department of Revenue. Depending the size of the company, every three months, the employers have to file a quarterly withholding reports and submit withholding tax to the Department of Revenue. Most small businesses need to file quarterly while larger businesses need to file more frequently.
Massachusetts Withholding Tax Forms
|Form Number||Form Description|
|Form M-4||Withholding Certificate|
|Form M-941||Quarterly Withholding Tax Return|
|Form NHR||New Hire Reporting|
|Massachusetts Tax Forms|
How to Register for Massachusetts Withholding Tax?
Businesses with employees will need to register for Massachusetts Withholding account. The easiest and fastest way to register for Withholding tax is online.
Click here to Register for Massachusetts Withholding Tax.
When to File and Deadlines for Massachusetts Withholding Tax Return
Generally, Massachusetts Withholding Tax returns have to be filed every three months, ending on March 31 (Q1), June 30 (Q2), September 30 (Q3) and December 31 (Q4). Typically, the deadline to mail Massachusetts Withholding Tax return is the last day of the following month.
Quarter Months Deadline Q1 January - March April 30 Q2 April - June July 31 Q3 July - September October 31 Q4 October - December January 31
Massachusetts MA Withholding Tax Contacts and Address:
For more information or help on Massachusetts Withholding Tax, please use the contact information below
|Website||Massachusetts Withholding Tax|
|Address||Massachusetts Dept of Revenue|
|PO Box 7010|
|Boston MA 02204|