MA 1099-Gs will reflect return refund and 62F refund - December 14, 2022

In January, the 1099-Gs are scheduled to go out to taxpayers who claimed itemized deductions on their federal return for Tax Year 2021. Note that they will contain a combined amount reflecting a taxpayer’s return refund, if there was one, and the 62F refund. The 62F refund is not taxable as income at the state level. All tax refunds, including the 62F refunds, are taxable by the federal government to the extent that the recipient claimed itemized deductions on their federal return for Tax Year 2021.