Chapter 62

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Chapter 62: TAXATION OF INCOMES

• Section 1 Definitions
• Section 2 Gross income, adjusted gross income and taxable income defined; classes
• Section 3 Taxable income: adjusted gross income less deductions and exemptions
• Section 4 Rates of tax for residents, non-residents and corporate trusts
• Section 5 Exempt income of individuals; exemption of stock bonus, pension or profit-sharing trust
• Section 5A Taxation of income earned by non-residents; regulations; certain military personnel
• Section 5B Repealed, 1973, 723, Sec. 2
• Section 5C Taxation of unincorporated homeowners' association
• Section 6 Credits
• Section 6A, 6B Repealed, 1971, 555, Sec. 5
• Section 6C Massachusetts State Election Campaign Fund; voluntary contributions
• Section 6D Natural Heritage and Endangered Species Fund; contributions
• Section 6E Organ Transplant Fund; voluntary contributions
• Section 6F Gross income; determination of capital gains; basis of property
• Section 6G Massachusetts State Public Health HIV and Hepatitis fund; voluntary contributions; use of contributions
• Section 6H Massachusetts United States Olympic Fund; voluntary contributions
• Section 6I Low-income housing tax credit
• Section 6J Massachusetts historic rehabilitation tax credit
• Section 6K Refunds and contributions credited to Massachusetts Military Family Relief Fund
• Section 6L Application and refund of certain credits under Sec. 6; substantiation of claims; regulations
• Section 6M Contribution of refund to Homeless Animal Prevention and Care Fund; annual report
• Section 6N Repealed, 2012, 224, Sec. 41A
• Section 7 Repealed, 1979, 409, Sec. 4
• Section 7A, 7B Repealed, 1971, 555, Sec. 5
• Section 8 Repealed, 2008, 173, Sec. 19
• Section 9 Estates of deceased persons
• Section 10 Income from trust estates; deductions
• Section 10A Qualified funeral trusts
• Section 11 Income received from nonresident trustee
• Section 11A Income from pooled income funds and charitable remainder annuity trusts or unitrusts; deduction and withholding
• Section 11B Pooled income funds and charitable remainder annuity trusts or unitrusts; returns, declarations of estimated tax and payments; liability
• Section 12, 12A Repealed, 2004, 262, Sec. 16
• Section 13 Application of sections to all fiduciaries
• Section 14 Applicability to corporate trustees
• Section 15 Duties of corporate trustees
• Section 16 Agreement as to total tax due from trustees
• Section 17 Partners subject to tax; distributive shares; partners' separate returns; determination of income; common trust funds
• Section 17A Taxation of shareholders of S corporations
• Section 18 Repealed, 1976, 415, Sec. 100
• Section 19 Repealed, 2008, 173, Sec. 22
• Section 20, 21 Repealed, 1966, 698, Sec. 18
• Section 21A Repealed, 1938, 489, Sec. 8
• Section 22 to 24 Repealed, 1976, 415, Sec. 100
• Section 25 Individuals, fiduciaries and estates subject to tax
• Section 25A Repealed, 1971, 555, Sec. 14
• Section 26 Repealed, 1976, 415, Sec. 100
• Section 27 Repealed, 1956, 128
• Section 28 to 33 Repealed, 1976, 415, Sec. 100
• Section 34 Repealed, 1947, 483, Sec. 2
• Section 35 to 37B Repealed, 1976, 415, Sec. 100
• Section 38 Repealed, 1953, 654, Sec. 45
• Section 39 Repealed, 1976, 415, Sec. 100
• Section 40 Repealed, 1961, 251
• Section 41 Repealed, 1976, 415, Sec. 100
• Section 42 Liability of fiduciaries
• Section 43 to 46 Repealed, 1976, 415, Sec. 100
• Section 47 Repealed, 1930, 416, Sec. 2
• Section 48 Repealed, 1976, 415, Sec. 100
• Section 49 to 53 Repealed, 1931, 426, Sec. 184
• Section 54 Severability
• Section 55 to 60 Repealed, 1976, 415, Sec. 100
• Section 61 Repealed, 1971, 555, Sec. 17
• Section 61/2 Repealed, 2021, 68, Sec. 2
• Section 62 Methods of accounting; fiscal years
• Section 63 Installment transactions
• Section 64 Optional tax table