MASSACHUSETTS DEPARTMENT OF REVENUE REGULATION FACT SHEET

TITLE: 830 CMR 62.3.2: Deduction for Charitable Contributions

SUMMARY OF REGULATION:
This new regulation, 830 CMR 62.3: Deduction for Charitable Contributions, promulgated December 21, 2001, explains the new deduction that is available under the personal income tax for charitable contributions. The regulation explains that Massachusetts will follow the federal rules to determine deductibility, substantiation, and record-keeping. Taxpayers may claim the deduction in Massachusetts even if they do not itemize deductions on their federal income tax return. The deduction will be available for charitable contributions made on or after January 1, 2001.

REGULATORY HISTORY:
Regulation Promulgated 12/21/01

PREPARED BY:
Massachusetts Department of Revenue
Rulings and Regulations Bureau
100 Cambridge Street, 7th floor
Boston, Massachusetts 02114
(617) 626-3250
FAX: (617) 626-3290
December 21, 2001