Massachusetts Tax Rebates Start Today: Up to $7,000 Expected!

UPDATE: Massachusetts taxpayers are set to receive financial relief starting today, as the state begins issuing rebates to approximately 3 million taxpayers. The rebates, part of a new law triggered by revenue caps, could see individuals receiving anywhere from $200 to over $7,000.

Governor Charlie Baker‘s administration confirmed that payments will be distributed automatically between now and December 15, 2023. Taxpayers who filed their 2021 tax returns will see their refunds processed on a rolling basis, with some payments labeled as “MASTTAXRFD” appearing in bank accounts for those who opted for direct deposit. For others, checks will be mailed directly.

Initially, 500,000 payments will be sent out this week, followed by around 1 million weekly thereafter. Most eligible taxpayers can expect to receive their refunds by the end of the month. Those who have not yet filed their 2021 tax returns still have time; filing by September 15 will ensure eligibility for a refund about one month after submission.

The amount of the rebate is tied to income, meaning higher earners will receive larger amounts. For instance, taxpayers earning $35,000 may receive around $200, while those making over $1 million could see rebates exceeding $7,000.

In other local news, a new statewide ban on disposing of mattresses and textiles takes effect today in Massachusetts. Officials have stated that while enforcement will be lenient initially, they aim to provide resources for compliance, including donation information for old textiles and mattresses.

Additionally, authorities have made significant progress in the long-standing mystery surrounding the identity of the “Lady of the Dune.” The victim has been identified as Ruth Marie Terry, a Tennessee native whose body was discovered nearly 50 years ago on a Provincetown beach. While the identity of her killer remains a mystery, law enforcement hopes this revelation will lead to new leads in the case.

For those planning to vote in next week’s election, today is the final day to register by 5 p.m.. Secretary of State Bill Galvin‘s office advises voters to drop off their ballots in person to ensure they are counted.

Stay tuned for more updates as these stories develop. With financial relief on the way and pivotal changes in local law, Massachusetts residents are in for a significant day.