do I have to do estimated Massachusetts state tax in 2025 if I make sure I have enough state tax taken out this year. in 2024 I have to pay the Mass. state tax $488?

[lmchic44]

do you need to do estimated taxes in Massachusetts if you owe the state $488 this year?

[CatinaT1 · Accepted solution]

Yes, according to the Massachusetts Dept of Rev, if you are going to owe more than $400 in income tax, You must make estimated payments.

If you ensure you will not have a tax liability of more than $400, you don't need to make estimated payments. If not, you will be subject to penalties.

Generally, you need to pay at least 80% of your annual income tax liability before you file your return for the year through withholding or by making estimated tax payments on any income not subject to withholding. 

Here is more information: Massachusetts DOR Estimated Tax Payments