State Tax Form 3ABC Cambridge, Ma Cambridgema
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People also ask
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What is the tax for Cambridge Massachusetts?
What is the sales tax rate in Cambridge, Massachusetts? The minimum combined 2023 sales tax rate for Cambridge, Massachusetts is 6.25%. This is the total of state, county and city sales tax rates. The Massachusetts sales tax rate is currently 6.25%. -
How to apply for residential exemption in Cambridge MA?
In order to apply for a Residential Exemption, you need to: Download residential exemption application. Fill out application and return with a copy of your Massachusetts State Tax Form 1. If the property is in trust obtain a copy of the trust instrument, including amendments and a copy of the schedule of beneficiaries. -
What is Cambridge residential exemption for 2023?
The 2023 residential tax rate in Cambridge reflects a decrease from 2023 of 6 cents per $1,000 of assessed value, or 1%. For fiscal year 2023, the residential exemption is $470,823. The full residential exemption reduces a homeowner's taxes by $2,759 in 2023. -
What is 3ABC?
This property return (State Tax Form 3ABC) must be filed each year by all charitable, benevolent, educational, literary, temperance or scientific organizations and trusts owning real or personal property on January 1 in order to receive a local tax exemption on that property under G.L. c. -
What is the residential property tax in Cambridge MA?
The City of Cambridge FY2022 real estate and personal property tax bills will be mailed on October 22, 2021....Property Tax Information. TypeCost per $1,000Residential$ 5.92Commercial/Industrial$ 11.23Personal Property$ 11.23Residential Exemption$443,056.001 more row -
What is Cambridge property tax for 2023?
On Tuesday, Cambridge council approved the city's budget for 2023, which came with a 4.74-per cent increase to property tax bills. The city says that some of the funding will allow it to waive development charges in some of its core areas to support growth and development. -
Does Cambridge MA have a residential tax exemption?
The application for the Residential Exemption must be filed no later than April 1st of the fiscal year. If you recently purchased a Cambridge property and inherited a Residential Exemption from the previous owner, you must qualify as the new owner in order to continue to receive the exemption in the next fiscal year. -
What is Cambridge property tax for 2023?
On Tuesday, Cambridge council approved the city's budget for 2023, which came with a 4.74-per cent increase to property tax bills. The city says that some of the funding will allow it to waive development charges in some of its core areas to support growth and development.
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