topic If I own my home, lived in it the full year, am over 65, and my income is less than $61,000, why don’t I qualify for the Senior Circuit Breaker Credit? in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-i-own-my-home-lived-in-it-the-full-year-am-over-65-and-my-income-is-less-than-61-000-why-don-t-i/01/2010698#M189705 Mon, 01 Mar 2021 20:02:47 GMT gisgfs67 2021-03-01T20:02:47Z If I own my home, lived in it the full year, am over 65, and my income is less than $61,000, why don’t I qualify for the Senior Circuit Breaker Credit? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-i-own-my-home-lived-in-it-the-full-year-am-over-65-and-my-income-is-less-than-61-000-why-don-t-i/01/2010698#M189705 Mon, 01 Mar 2021 20:02:47 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-i-own-my-home-lived-in-it-the-full-year-am-over-65-and-my-income-is-less-than-61-000-why-don-t-i/01/2010698#M189705 gisgfs67 2021-03-01T20:02:47Z Re: If I own my home, lived in it the full year, am over 65, and my income is less than $61,000, why don’t I qualify for the Senior Circuit Breaker Credit? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-if-i-own-my-home-lived-in-it-the-full-year-am-over-65-and-my-income-is-less-than-61-000-why-don-t/01/2010742#M189711 <P>Which state?</P> Mon, 01 Mar 2021 20:09:34 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-if-i-own-my-home-lived-in-it-the-full-year-am-over-65-and-my-income-is-less-than-61-000-why-don-t/01/2010742#M189711 SweetieJean 2021-03-01T20:09:34Z Re: If I own my home, lived in it the full year, am over 65, and my income is less than $61,000, why don’t I qualify for the Senior Circuit Breaker Credit? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-if-i-own-my-home-lived-in-it-the-full-year-am-over-65-and-my-income-is-less-than-61-000-why-don-t/01/2010785#M189714 <P>If Massachusetts:</P><UL><LI><SPAN>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.</SPAN></LI></UL><P><SPAN>However, you are not eligible if:</SPAN></P><UL><LI><SPAN>You are married and your status is married filing separately.</SPAN></LI><LI><SPAN>You are a dependent of another taxpayer.</SPAN></LI><LI><SPAN>For tax year 2020, the assessed value of principal residence exceeds $848,000.</SPAN></LI></UL><P><SPAN>You may claim the value of your home together with up to one acre of land when determining eligibility for the credit.</SPAN></P> Mon, 01 Mar 2021 20:13:20 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-if-i-own-my-home-lived-in-it-the-full-year-am-over-65-and-my-income-is-less-than-61-000-why-don-t/01/2010785#M189714 SweetieJean 2021-03-01T20:13:20Z Re: If I own my home, lived in it the full year, am over 65, and my income is less than $61,000, why don’t I qualify for the Senior Circuit Breaker Credit? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-if-i-own-my-home-lived-in-it-the-full-year-am-over-65-and-my-income-is-less-than-61-000-why-don-t/01/2243303#M209482 <P>i have same issue - it won't let me complete the senior breaker forms</P><P>&nbsp;</P> Sat, 01 May 2021 16:03:04 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-if-i-own-my-home-lived-in-it-the-full-year-am-over-65-and-my-income-is-less-than-61-000-why-don-t/01/2243303#M209482 mparechanian 2021-05-01T16:03:04Z Re: If I own my home, lived in it the full year, am over 65, and my income is less than $61,000, why don’t I qualify for the Senior Circuit Breaker Credit? https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-if-i-own-my-home-lived-in-it-the-full-year-am-over-65-and-my-income-is-less-than-61-000-why-don-t/01/2244081#M209530 <P><a href="https://ttlc.intuit.com/community/user/viewprofilepage/user-id/4228601">@mparechanian</a>&nbsp; For Massachusetts, or for a different state?</P> Sat, 01 May 2021 22:01:38 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/re-if-i-own-my-home-lived-in-it-the-full-year-am-over-65-and-my-income-is-less-than-61-000-why-don-t/01/2244081#M209530 SweetieJean 2021-05-01T22:01:38Z