HOUSE DOCKET, NO. 3660        FILED ON: 1/20/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3328

 

The Commonwealth of Massachusetts

_________________

PRESENTED BY:

Hannah Kane

_________________

To the Honorable Senate and House of Representatives of the Commonwealth of Massachusetts in General
Court assembled:

The undersigned legislators and/or citizens respectfully petition for the adoption of the accompanying bill:

An Act relative to the state tax return filings for annuities.

_______________

PETITION OF:

 

Name:

District/Address:

Date Added:

Hannah Kane

11th Worcester

1/20/2017

William L. Crocker, Jr.

2nd Barnstable

1/23/2017

Geoff Diehl

7th Plymouth

2/3/2017

Paul K. Frost

7th Worcester

2/2/2017

Sheila C. Harrington

1st Middlesex

1/26/2017

Steven S. Howitt

4th Bristol

1/30/2017

Joseph D. McKenna

18th Worcester

1/25/2017

Michael O. Moore

Second Worcester

2/3/2017


HOUSE DOCKET, NO. 3660        FILED ON: 1/20/2017

HOUSE  .  .  .  .  .  .  .  .  .  .  .  .  .  .  .  No. 3328

By Mrs. Kane of Shrewsbury, a petition (accompanied by bill, House, No. 3328) of Hannah Kane and others relative to the state tax return filings for annuities.  Revenue.

 

The Commonwealth of Massachusetts

 

_______________

In the One Hundred and Ninetieth General Court
(2017-2018)

_______________

 

An Act relative to the state tax return filings for annuities.

 

Be it enacted by the Senate and House of Representatives in General Court assembled, and by the authority of the same, as follows:
 

SECTION 1. Section 6 subsection (b) of Chapter 62C of the general laws, as appearing in the 2012 Official Edition, is hereby amended by striking out the section and inserting in place thereof the following:-

(b) Every executor, administrator, trustee, guardian, conservator, trustee in bankruptcy, assignee for the benefit of creditors and receiver, other than a receiver of a business corporation, every fiduciary referred to in section twenty-five of chapter sixty-two and every other person receiving income taxable under chapter sixty-two which exceeds two hundred dollars, shall make an annual return of his taxable income. An executor or administrator shall file a return under this section if his decedent received any such amount not returned by the decedent as to which a tax under chapter sixty-two may still be assessed within the time limited by section twenty-six of this chapter. If a person has been appointed executor or administrator after January first in any year, the return of such income received by his decedent but not reported by him shall be due and shall be filed on or before the fifteenth day of the fourth month after the date of such appointment. Every such fiduciary intending to make final distribution of an estate or trust before the end of any year shall file immediately prior to such distribution a return under this section of all such income received by him and by his decedent during said year and prior to such distribution, and the taxes thereon shall become due and payable forthwith.