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$700 tax credit in Mass for seniors?

 
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3 Replies
Cynthiad66
Expert Alumni

$700 tax credit in Mass for seniors?

Yes.  You're allowed a $700 exemption if you're age 65 or older before the end of the year. If filing a joint return, each spouse may be entitled to 1 exemption if each is age 65 or over on December 31 (not January 1 as per federal rule) of the tax year.

 

TurboTax should automatically compute this credit if all other information is entered accurately on the Federal return.

 

For additional information, please use this link:  Tax Tips for Seniors in Massachusetts

 

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$700 tax credit in Mass for seniors?

I expected that, also.  However, it does not.   And my dob is correct, so I am obviously a senior and I show social security income.  Perhaps turbo tax has not yet updated their Mass software since this is a new credit.

 

AmyC
Expert Alumni

$700 tax credit in Mass for seniors?

When you look at Form 1, line 2c, it shows age 65 and checked boxes x $700 

 

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