Re: Circuit breaker

Do i file a circuit breaker the same way as a w2 form

posted

Property tax rebate? Which state? Did you get an actual cash rebate or did you get a reduction in your amount billed?

Federal taxes..you can only claim the amount of real estate taxes that you actually paid.

State.. follow the forms. They will allow you to claim any credits due.

Disclaimer: Not a tax professional. Information gathered from internet links. Anything dated in June 2019 was posted in prior years and is before the 2019 limits and changes.

Would you tell me which state are you filing?

No, you would not file the "circuit breaker" tax credit the same way. You would report the W-2 as your income in the Wages and Income section on the federal side of TurboTax. Then you would go to your state taxes and find the credit there.