Establishes a child and family tax credit in Massachusetts.
The bill establishes a child and family tax credit in Massachusetts. It allows a credit of $600 for each qualifying individual, including dependents and disabled dependents. The credit is available to taxpayers who maintain a household with such individuals. The credit is limited to the number of days the individual resides in the commonwealth during the taxable year. The credit amount is adjusted annually based on the cost of living.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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