Mass. General Laws c.63E § 2

Refundable credit for eligible pass-through entity

This is an unofficial version of a Massachusetts General Law. For more information on this topic, please see Law about taxation.

Updates

Added by St. 2026, c. 101, § 21, applicable for taxable years beginning on or after January 1, 2026.

Section 2

An eligible pass-through entity may elect to pay an excise on its qualified income taxable in Massachusetts at a rate of 4 per cent. A qualified member of an electing eligible pass-through entity shall be allowed a refundable credit against the tax imposed under chapter 62. The credit shall be available to qualified members in an amount proportionate to each qualified member’s share of the tax due and paid under this chapter by the eligible pass-through entity multiplied by 0.9. The credit shall be available for the member’s taxable year in which the electing eligible pass-through entity’s taxable year ends.

Last updated:	June 12, 2026