Origin: Massachusetts provides a $1,000 personal income tax exemption for each of a taxpayer's dependent children. The exemption for children who are full-time students between the ages of 19 and 23 is treated as a tax expenditure.
Origin: IRC §§ 151-152; M.G.L. c. 62 § 3B(b)(3)
Tax Type
Tax Expenditure
Item Number
Item Name
Description
Origin
FY2023
FY2024
FY2025
FY2026
FY2027
Personal Income Tax
Deductions from Adjusted Gross Income
1.407
Personal Exemption for Students Age 19 to 23
Massachusetts provides a $1,000 personal income tax exemption for each of a taxpayer's dependent children. The exemption for children who are full-time students between the ages of 19 and 23 is treated as a tax expenditure.
IRC <a href="https://www.law.cornell.edu/uscode/text/26/151" target="_blank">§§ 151</a>-<a href="https://www.law.cornell.edu/uscode/text/26/152" target="_blank">152</a>; M.G.L. <a href="https://malegislature.gov/Laws/GeneralLaws/PartI/TitleIX/Chapter62/Section3" target="_blank">c. 62 § 3B(b)(3)</a>
10.4
10.5
10.6
10.7
10.8
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