Up to $100 ($200 on a joint return) of interest from savings deposits or savings accounts in Massachusetts banks is deductible from gross income.

Origin: M.G.L. c. 62, § 2(b)(1)(A); M.G.L. c. 62, § 3B(a)(6)

Item Number
FY2020
FY2021
FY2022
FY2023
FY2024
1.413
3.5
3.5
4.1
3.4
3.4
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