Massachusetts Schedule CB ("Circuit Breaker") is a credit for a portion of real estate taxes paid by seniors. TT is saying "You don't qualify for this credit because your Massachusetts adjusted gross income exceeds the $92,000 allowed to claim this credit." When I did the paper schedule by hand, I qualify for the full credit. My AGI is well below the limit. Actually for this credit, Massachusetts adds certain income back in, to come up with a modified AGI. This year I rolled over my 401K to a Traditional IRA. I'm thinking maybe TT has incorrectly added this back in to that modified AGI, thus declaring that I don't qualify. Both my Federal return and my state return correctly show that rollover as non-taxable. Any ideas how to get TT to calculate the credit correctly? Thanks.
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Ive been trying saying thats what happened and why i wasnt getting it since the first time i checked and it said that.
Are you saying that you've run into the same problem, or, have you found a solution? Thanks.
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