Massachusetts Voluntary Contribution Options
Massachusetts taxpayers have the option to make voluntary contributions to specific state funds when filing their individual income tax returns. These contributions are not tax-deductible and are added directly to the taxpayer’s total tax liability. They may increase the amount owed or reduce the refund amount.
What Are Voluntary Contributions?
- Voluntary contributions are optional payments made to designated Massachusetts state funds.
- They are not deductible for tax purposes and are added to your total tax liability.
- These contributions are reported on specific lines of Massachusetts Form 1 (Resident) and Form 1-NR/PY (Nonresident/Part-Year Resident).
Where to Report Voluntary Contributions
- Resident Taxpayers: Report voluntary contributions on Line 33 of Massachusetts Form 1.
- Nonresident/Part-Year Residents: Report voluntary contributions on Line 37 of Massachusetts Form 1-NR/PY.
Important Notes
- Voluntary contributions are not tax-deductible and do not reduce your taxable income.
- The amounts you contribute will be added to your total tax, increasing your payment or reducing your refund.
- Taxpayers should ensure they are using the correct form and line based on their residency status.
Source:
Form 1 Instructions
Form 1-NR/PY Instructions
Disclaimer: Always verify information with official Federal or State Department of Revenue Forms and Instructions.