Excise Tax Massachusetts

In Massachusetts, you can deduct the excise tax from your tax return. In addition, you can pay your excise tax online. To learn more about the excise tax in Massachusetts, please keep reading our article.

The Department of Revenue in Massachusetts administers various excise taxes and property taxes. Excise taxes, like the motor vehicle excise tax, are paid on all motor vehicles registered in the Commonwealth. These bills are due within 30 days of the date of assessment. Failure to receive the invoice does not invalidate it; however, you are still responsible for the amount of excise plus interest charges. If you haven’t received the bill, inform the local assessor and the Registry.

When you file your Massachusetts income tax return, you can claim your excise tax as a deduction for up to 90% of the amount you pay. However, it would be best if you remembered that only 90% of the excise is deductible, meaning you may pay more than you’re allowed to.

Annual Excise Tax for Motor Vehicles in Massachusetts

If you own a vehicle in the state of Massachusetts, you must pay an annual excise tax. This tax is assessed on every motor vehicle registered in the state. You will need to pay it yearly, usually on or before the first of the month. You can pay online, by mail, or at the Registry of Motor Vehicles. The current excise tax rate for motor vehicles is $25 per $1,000 of your vehicle’s value.

If you want to pay your excise tax in Massachusetts online, you can use the online portal. The process is quick and easy. All you need is your account number and your payment information. You’ll also receive payment notifications by email. You’ll be able to pay in US currency since your payment is processed in the US.