Three million Americans to get range of tax refund payments from $3billion pot – see if you’re eligible

THREE million Americans are set to benefit from a range of tax refund payments from a pot worth $3billion.

The payments come as part of a voter-approved law ratified in 1986 known as Chapter 62F, which states that residents are subject to a refund if tax revenue collections exceed the annual tax revenue cap.


Millions of Americans are set to receive refund checksCredit: Getty Images – Getty

The state of Massachusetts said that most of the tax refund checks have been mailed out.

The refunds come from $3billion in excess tax revenue in the state.

Eligible taxpayers are receiving refunds of about 14% of their personal income tax liability for the 2021 tax year.

Around $2.5billion has already been distributed to about 2.9 million taxpayers, according to the Massachusetts Department of Revenue.

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Of that, 1million refunds were distributed by direct deposit, totaling around $600million.

Another 1.9million refunds totaling $1.9billion were mailed via paper check.

Refunds were sent out from the beginning of November.

All refunds are expected to be received by mid-December.

Direct deposits will be labeled “MASTTAXRFD,” while checks will have an explanation for the refund.

If you’ve not yet received a check, it may be coming within the next two weeks.

However, if by December 15 you’ve not received a payment, you can contact the Chapter 62F call center at 877-677-9727.

A website has been set up for Massachusetts residents to check for a preliminary estimate of your refund.