Massachusetts

2025 Tax Guide

Back to all guides
Loading interactive chart...
State income tax rates (2025)

Single Filers

Up to $1,053,7495%
$1,053,750+9%

Married Filing Jointly

Up to $1,053,7495%
$1,053,750+9%
State capital gains tax rates (2025)

Single Filers

All income5%

Married Filing Jointly

All income5%
Deductions/exemptions (2025)
Personal Exemption (Single):$4,400
Personal Exemption (Married):$8,800
Dependent Exemption:$1,000
Notes
  • 4% surtax on income over $1 million threshold (Fair Share Amendment) - threshold is increased annually for inflation
  • Short-term capital gains taxed at 8.5%
  • Long-term capital gains taxed at 5%

Last updated: August 25, 2025

Found something wrong? Report inaccurate data