Establishes a commuter tax credit in Massachusetts for commuting costs related to employment, education, medical, or service activities.
Massachusetts S2079 establishes a refundable tax credit for costs associated with commuting for employment, education, medical appointments, or service activities. The credit amounts to 58.5 cents per mile driven, with a maximum of $5,000 per filing. The credit becomes effective on January 1, 2025, and will be repealed on January 1, 2026.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.