Massachusetts adopted the federal deduction allowed to individuals for contributions to a Health Savings Account, subject to federal limitations, which are adjusted annually for inflation. For calendar year 2021, the maximum deduction limit is $3,600 for an individual plan and $7,200 for a family plan. Filers age 55 or older may increase the maximum deduction by $1,000.

Origin: IRC §§ 62(a)(19) and 223

Item Number
FY2020
FY2021
FY2022
FY2023
FY2024
1.422
11.7
13.8
14.2
15.6
16.6
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