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kenseyx OP t1_j8p5wdn wrote

The gist: Your state tax refund is taxable by the IRS because it was called a 'refund' rather than a 'stimulus'.

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HOARDING_STACKING t1_j8p6njc wrote

Blood thirsty CUNTs

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charons-voyage t1_j8pafpf wrote

This only affects you if you itemized, which unlikely impacts most of us peasants.

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DumbshitOnTheRight t1_j8p78jk wrote

You can blame the state legislators who apparently can't read tax law.

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andr_wr t1_j8pdg2j wrote

Actually this is on Chuckie Baker. His administration rushed to return to taxpayers that 14%. If he had waited for the Legislature to act like they had said they would, they could've done it in a way to avoid the federal tax liability.

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ShawshankExemption t1_j8pgdgh wrote

The legislature wanted to try and retroactively change the law so that they would they could determine the amounts, as opposed to what the law currently allows for. There was pretty substantial disagreement in the legislature about how they would actually do it, let alone if Baker would sign what they sent him. All this would’ve done was delay and likely reduce the payments people would’ve got.

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wsdog t1_j8roq61 wrote

No. Stimulus wouldn't be distributed fairly. I wouldn't get a dime from this stimulus. I'm ok paying the feds because that's the money I would pay anyway if the ma tax was lower.

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