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February 11, 2025
Question

I qualified for the senior circuit breaker credit last year. My income and rent is about the same but says I did not qualify?

  • February 11, 2025
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    1 reply

    KrisD15
    February 11, 2025

    According to the State of Massachusetts the requirements are:

    • "You must be a Massachusetts resident or part-year resident.

    • You must be 65 or older by December 31 of the tax year.

    • 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 2024, your total Massachusetts income doesn't exceed:
      $72,000 for a single individual who is not the head of a household.
      $91,000 for a head of household.
      $109,000 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, 2024, before residential exemptions but after abatements, cannot exceed $1,172,000.

    • 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."

     


     

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