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Incase You Missed It: MA DOR Dana Ackerman's March 23 Tax Update

23 Mar 2021 2:00 PM | MaSEA Staff (Administrator)

On Tuesday, March 23, MaSEA held a 30-minute MA DOR Zoominar featuring MA DOR Taxpayer Advocate Dana Ackerman. Ackerman provided some clarity as to where individual tax filing requirements stand and insight to possible developments of tax changes. Below are some highlights from the presentation. You can also access a recording of the presentation by clicking here and using the Passcode: pHAj9?hs

Highlights From The Presentation:

  • Pending legislation in MA statehouse. $10,200 is mirrored but limited to 200% of poverty level. More on the definition of poverty level will come. If passed, MA DOR is hoping that they can handle the change of already filed returns and not require amended returns (at least most of those changes). Also, it includes penalty waivers if related to unemployment. NOT LAW YET – watch MaSEA email blasts. Watch MA DOR website.
  • Legislation is also looking to exclude PPP forgiven loans. NOT LAW YET.
  • DOR is following the May 17 date for Form 1 resident and non-resident. Just like the IRS, the other returns including Trust and Corporations are still due with their original date. 
  • If client files between April 15 and May 17, then applies refund to 2021, will this be a late Q1 estimate or not? More to come...
  • Unemployment on Sch. 1 of federal return can be reduced by contributions to PFML and/or unemployment (there are states where the employee contributes to unemployment as well). MA DOR will be releasing information about this. It looks like this reduction is not allowed in MA but the instructions cause confusion. More to come!
  • If you send questions about pending legislation the MA DOR will not have an answer and won't comment until it is passed and signed. To send other tax-related questions use TaxProFeedback@DOR.state.MA.US.
  • MA DOR will ask Software vendors to allow electronic return payments until May 17.

You will find the FAQs at Mass.gov/DOR

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