Question

Mass raised the circuit breaker refund amount this year and you do not reflect the change

Forum|Forum|2 years ago
January 21, 2024
2 replies
0 views

The Circuit Breaker tax credit is based on the actual real estate taxes or rent paid on the Massachusetts residential property you own or rent and occupy as your principal residence. The maximum credit amount for tax year 2023 is $2,590

TurboTax Deluxe Online

X

xmasbaby0

Employee

Maybe you are waiting for some forms. Click Review to see if you are missing some forms needed in order to e-file.

Many federal and state forms are not yet available. Check here for form availability. The dates are subject to change.

Tax form availability tool,

No hurry to e-file since the IRS will not begin to accept/reject 2023 e-files until January 29. And….a state return cannot be accepted until after the IRS accepts your federal return.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

SteamTrain

Employee

@jharrison27

The actual 2023 MA state tax forms are not scheduled to be ready until 25 Jan....or after...(A few are listed even as 31 Jan)

Intuit App

GO back thru it all on the 26th...it should be correct then.

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Have seen similar issues for my state in prior years...if you enter data before the final state forms are issued, they still use the prior year rules.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*