Answer 1: Yes, you can include water and sewer bills in the credit calculation. For the Senior Circuit Breaker Tax Credit, you can count both your real estate taxes and half of your water and sewer bills toward the credit calculation. You'd only add the water and sewer bills separately if your community doesn't include water and sewer charges on their property tax bills.
Answer 2: Yes, your social security income is counted when determining eligibility for this credit.
Answer 3: Property tax that was paid during the year qualify for the credit, regardless of what year the payment applies to. If you paid the second bill in 2024, it would count toward the credit for 2024.
Answer 4: To prepare your Massachusetts return in TurboTax, you will need to prepare your federal return first. If your income is under the filing threshold, you won't owe any tax to the IRS.
