Massachusetts DOR February Revenue Collections Up 9.8%

dor

Published March 4th, 2026

Detected March 17th, 2026

Summary

The Massachusetts Department of Revenue reported that February 2026 revenue collections totaled $2.336 billion, an increase of 9.8% year-over-year. This performance exceeded the benchmark by $59 million, driven primarily by increases in withholding and non-withholding income tax.

View original document View source feed page

What changed

The Massachusetts Department of Revenue (DOR) announced that preliminary revenue collections for February 2026 reached $2.336 billion, marking a 9.8% increase compared to February 2025 and exceeding the benchmark by $59 million. Key drivers for this growth included higher withholding and non-withholding income tax collections, partially offset by decreases in sales and corporate/business taxes. Year-to-date collections for FY2026 also showed a positive trend, up 3.2% over the previous year.

This notice serves as an informational update on state revenue performance. While it details specific tax collection figures and provides explanations for variances, it does not impose new compliance obligations or deadlines on regulated entities. Taxpayers and financial professionals should note the revenue trends as indicators of economic activity within the state.

Source document (simplified)

This page, February Revenue Collections Total $2.336 Billion, is offered by
Massachusetts Department of Revenue
show more

Press Release

Press Release February Revenue Collections Total $2.336 Billion

Monthly collections up $208 million or 9.8% vs. February 2025 actual; $59 million above benchmark

For immediate release: 3/04/2026
- Massachusetts Department of Revenue

Media Contact

Nathalie Dailida

Phone

Call Nathalie Dailida at (617) 626-2175

Online

Email Nathalie Dailida at dailidan@dor.state.ma.us

Boston, MA — Massachusetts Department of Revenue (DOR) Commissioner Geoffrey Snyder today announced that preliminary revenue collections for February totaled $2.336 billion, $208 million or 9.8% more than actual collections in February 2025, and $59 million or 2.6% above benchmark [1].

FY2026 year-to-date collections totaled approximately $26.305 billion, which is $817 million or 3.2% more than actual collections in the same period of FY2025, and $589 million or 2.3% above the year-to-date benchmark.

“February 2026 revenue included increases relative to February 2025 collections in withholding and non-withholding income tax,” said Commissioner Snyder. “These increases were partially offset by decreases in sales tax and corporate and business tax. The increase in withholding is due primarily to typical timing factors in tax collections. The increase in non-withholding income tax is driven mostly by a favorable decrease in refunds. The decrease in sales tax is due, in part, to typical timing factors in tax collections.” The decrease in corporate and business tax is due to decreases in estimated and return payments and an unfavorable increase in refunds.

February has historically been the lowest month for revenue, contributing less than 6% of annual collections. Neither individual nor business taxpayers are required to make estimated payments during the month. February is also the month in which income tax refunds reach substantial levels.

Details:

Income tax collections for February totaled $1.412 billion, $127 million or 9.9% above benchmark, and $285 million or 25.3% more than February2025.
Withholding tax collections for February totaled $1.979 billion, $77 million or 4.0% above benchmark, and $274 million or 16.0% more than February 2025.
Income tax estimated payments for February totaled $25 million, $1 million or 5.0% below monthly benchmark, and $2 million or 9.1% less than February 2025.
Income tax returns and bills for February totaled $82 million, $1 million or 1.0% below benchmark, and $6 million or 7.0% less than February2025.
Income tax cash refunds for February totaled $674 million in outflows, $52 million or 7.2% below benchmark, and $20 million or 2.8% less than February 2025.
Sales and use tax collections for February totaled $649 million, $37 million or 5.4% below benchmark, and $33 million or 4.8% less than February 2025.
Corporate and business tax collections for February totaled $23 million, $38 million or 62.8% below benchmark, and $41 million or 64.4% less than February 2025.
“All other” tax collections for February totaled $252 million, $8 million or 3.4% above benchmark, but $3 million or 1.2% less than February2025. February 2026 Tax Collections Summary (in $ millions) Preliminary as of March 4, 2026 (XLSX)

Footnotes

[1]

FY2026 monthly revenue benchmarks are posted on the DOR website.

Media Contact

Nathalie Dailida

Phone

Call Nathalie Dailida at (617) 626-2175

Online

Email Nathalie Dailida at dailidan@dor.state.ma.us

Massachusetts Department of Revenue

Our mission is to gain full compliance with the tax, child support, and municipal finance laws of the Commonwealth.

Media Contact

Nathalie Dailida

Phone

Call Nathalie Dailida at (617) 626-2175

Online

Email Nathalie Dailida at dailidan@dor.state.ma.us

Help Us Improve Mass.gov with your feedback

Did you find what you were looking for on this webpage? Yes No If you have any suggestions for the website, please let us know. How can we improve the page? Please do not include personal or contact information. You will not get a response The feedback will only be used for improving the website. If you need assistance, please contact us. Please limit your input to 500 characters.

Please remove any contact information or personal data from your feedback. You will NOT get a response. If you need assistance, please contact us. Please let us know how we can improve this page. Please remove any contact information or personal data from your feedback. You will NOT get a response. If you need assistance, please contact us. Thank you for your website feedback! We will use this information to improve this page.

If you need assistance, please contact us.

If you would like to continue helping us improve Mass.gov, join our user panel to test new features for the site.