What Taxes Are Levied in Massachusetts? Income, Sales, Property & Excise Explained
Discover which taxes apply in Massachusetts, including income, sales, property, and vehicle excise taxes, plus important exemptions.
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In Massachusetts, various taxes apply. These include income tax on wages, sales tax on most goods and services, property tax, and excise tax on vehicles. Certain items like groceries and prescription medications are generally exempt from sales tax.
FAQs & Answers
- What types of taxes does Massachusetts impose? Massachusetts imposes income tax on wages, sales tax on most goods and services, property tax, and excise tax on vehicles.
- Are groceries taxed in Massachusetts? No, most groceries are generally exempt from Massachusetts sales tax.
- What is excise tax on vehicles in Massachusetts? The excise tax in Massachusetts is an annual tax on vehicle ownership, calculated based on the vehicle’s value.
- Are prescription medications subject to sales tax in Massachusetts? Prescription medications are generally exempt from sales tax in Massachusetts.