You can file your return anytime during the extension period. An extension to file a return doesn't extend the due date for paying any tax due.Įstates seeking an extension of time to file and pay the estate tax must still request approval from DOR by filing Form M-4768. Once the extension is granted, the 6-month extension starts at the filing due date of the original return. The chart below shows estimates of how much of your income would be taxed at each rate.You automatically get a 6-month extension to file your Massachusetts income tax return as long as you've paid at least 80% of the total amount of tax due on or before the due date, and you're filing: State tax rates and amounts due, if any, will vary. Remember: We're talking about federal tax. That is $6,600 less than if a flat 24% federal tax rate applied to your entire $100,000 of income. Given marginal tax rates, the estimated total federal tax on your $100,000 of taxable income would be about $17,400.
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