Annual Cumulative Cap

Taxpayer investors may invest up to $125,000 per qualifying business per year with a $250,000 maximum for each qualifying business. The total of all tax credits available to a taxpayer investor pursuant to 830 CMR 62.6.5(9) shall not exceed $50,000 in a single calendar year. Tax credits authorized pursuant to M.G.L c. 62, § 6(t)(1) shall be subject to the annual cumulative cap pursuant to M.G.L. c. 23I, subsection (d).