An Act relative to the state tax return filings for annuities

HD 200 amends Massachusetts tax law to require specific fiduciaries to file annual tax returns for income from annuities exceeding $200. It directly affects executors, administrators, trustees, guardians, conservators, and other fiduciaries managing estates or trusts that receive such annuity income. The key provision mandates these filers to report all annuity income received during a year before making final distributions, with new deadlines for appointments made after January 1st (due by the 15th day of the fourth month following appointment). This change clarifies and updates the filing obligations for fiduciaries handling annuity income under Chapter 62 of Massachusetts tax law.