WHERE CAN IF FIND THE MA SENIOR CIRCUIT TAX CREDIT IN MY MA STATE RETURN? IT IS NOT JUST FOR RENTERS PER YOUR KB.

[gardengal4]

Your knowledge base claims it is only for renters, but it is for homeowners too.  I am looking for it under other credits and cannot find it anywhere.  Your wizard should have automatically asked me knowing my age and my income.  I qualify for it.

[MaryK4]

In the Massachusetts state section look for the screen below.

Certain seniors who own or rent residential property in Massachusetts, as their principal residence, are eligible for a refundable tax credit.

[gardengal4]

Thanks but that doesn't help me if I don't know what the "parent" question is to get me there.  That's the destination,  not the door to open to get in!!!     I clicked on Other Credits, Special Tax situations, etc. etc.   and nothing about Circuit Breaker.    I would have expected Turbo Tax to be more intuitive and offer up that wizard by default.   Please be specific.

[ErnieS0]

The Senior Credit Breaker Credit is on the Massachusetts Credits screen after the screen Pay Tax to Another State?

Who is eligible:

• You must be a Massachusetts resident or part-year resident.
• You must be 65 or older by January 1, 2022.
• You must file a Schedule CB with your Massachusetts personal income tax return. 
• You must own or rent residential property in Massachusetts and occupy it as your primary residence.
• For tax year 2021, your total Massachusetts income doesn't exceed:
  • $62,000 for a single individual who is not the head of a household.
  • $78,000 for a head of household.
  • $93,000 for married couples filing a joint return.
• If you are a homeowner, 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.
• If you are a renter, 25% of your annual Massachusetts rent must exceed 10% of your total Massachusetts income for the tax year.
• The assessed valuation of the homeowner's personal residence as of January 1, 2021, before residential exemptions but after abatements, cannot exceed $884,000.
• The Schedule CB must be completed within 3 years from the last day for filing the return, without regard to any extension of time to file.

Massachusetts Senior Circuit Breaker Tax Credit

[15APR]

I MEET ALL THE CRITERIA TO TAKE ADVANTAGE OF THE MASSACHUSETTS CREDIT, BUT CANNOT SEE THE CREDIT FORM. USING HOME & BUSINESS FOR MAC, CD INSTALL. ANY HELP WOULD BE APPRECIATED.