Why is my MA State Tax more than 5%? If my total taxable wages are $122,096, why do I owe $11,870?

[mlholmes7310]

I have a very simply 1040 and take the standard deduction.  I think this is wrong but apparently there is no person I can ask without paying extra.

[AmyC]

MA has 5% income and 12% income. My guess is that you have capital gains.

See MA instructions here state:

2022 Personal Income Tax Rates Effective for tax years beginning on or after January 1, 2020, the tax rate on most classes of taxable income is 5%. The tax rate on short-term gains from the sale or exchange of capital assets and on long-term gains from the sale or exchange of collectibles (after a 50% deduction) is 12%.

[mlholmes7310]

I have no capital gains.  There is no other income other than $122,000 in wages and $96 on savings interest.  The site breaks down the Federal tax calculation but not state, so frustrating.  I dont get why I am being taxed higher than the 5%.

[AmyC]

That does not sound right. Please take a look at your MA Form 1. Line 21 has your taxable 5% income. Line 22 has the 5% tax. Do these lines have the correct numbers on them? Continue looking through your form to find any errors.

I wonder if you work out of state and some of the income is doubling. The w2 would need correction in the state area to correct that.

To see your forms:

• In desktop, switch to Forms Mode. 
• For online, see How do I preview my TurboTax Online return before filing?

[mlholmes7310]

Yes, for my federal return Turbo Tax entered the total I quoted above but on my MA state form, they input $243,782 and I have no idea where that is coming from since its transferred over.  Im not sure what to do now, guess I shouldnt have waited, but I dont usually have any issues.  I will see if there is a way I can update my state wages in Turbo Tax or maybe seek an extension. Thank you for your help in confirming where I can look.