No Income Tax Rebate Checks For Massachusetts Residents This Year, State Auditor Announces

Massachusetts residents will not be getting income tax rebate checks this year, State Auditor Diana DiZoglio announced Wednesday. The auditor's office conducted a review of net tax revenues and allowable state tax revenues, in line with a state law known as Chapter 62F, for fiscal year 2023, which ended this past June 30. The auditor's review found that the state collected $36.9 billion in tax revenue for the fiscal year. That was about $4.24 billion below the $41.16 billion necessary to trigge

Massachusetts residents will not be getting income tax rebate checks this year, State Auditor Diana DiZoglio announced Wednesday. The auditor's office conducted a review of net tax revenues and allowable state tax revenues, in line with a state law known as Chapter 62F, for fiscal year 2023, which ended this past June 30. The auditor's review found that the state collected $36.9 billion in tax revenue for the fiscal year. That was about $4.24 billion below the $41.16 billion necessary to trigge…