If Massachusetts:
- Your Massachusetts property tax payments, together with half of your water and sewer expense, must exceed 10% of your total Massachusetts income for the tax year.
However, you are not eligible if:
- You are married and your status is married filing separately.
- You are a dependent of another taxpayer.
- For tax year 2020, the assessed value of principal residence exceeds $848,000.
You may claim the value of your home together with up to one acre of land when determining eligibility for the credit.
